ENVISAGE DENTAL UK LIMITED
Company Information
- Company Number
- 09315294
- Registered Address
- 129 Devonshire House, Wade Road, Basingstoke, Hampshire, United Kingdom, RG24 8PE
- Status
- Active
- Employee Count
- 513
- Turnover
- £65,498,000
- EBITDA
- £11,166,000
Additional Details
- Website
- https://cedardental.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 17 November 2014
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Primary Care
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time of 26 days indicates that most invoices are settled relatively quickly, with 69% paid within 30 days. However, a significant 31% of payments consistently extend beyond 30 days, with 11% taking over 60 days.
Volatility Analysis
With 43% of payments classified as late and 11% taking over 60 days, there is a clear lack of predictability in payment schedules for a substantial portion of invoices. This high rate of delayed payments introduces moderate volatility and uncertainty for suppliers' cash flow.
Summary Analysis
ENVISAGE DENTAL UK LIMITED presents a moderate payment risk due to its 43% late payment rate and 11% of payments exceeding 60 days, despite a reasonable average payment time. Suppliers should factor in potential delays and consider strategies like shorter payment terms or upfront payments to manage cash flow effectively.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2023 - 30 Sept 2023 | 20 May 2024 | 26 | 69% | 20% | 11% | 43% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Most of the Company's existing and all new suppliers are set at 30 days payment terms. Any suppliers that request less than 30 days payment terms must be agreed with the senior management team.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
58
Dispute Resolution Process
The Company prides itself in using trusted suppliers and building a strong relationship with them, therefore it is only a very rare occasion whereby we enter a dispute. In such event, the Accounts Payable Team will look to address any query. If the query is still not resolved, the Director of Finance / Purchasing Manager will intervene to reach an amicable solution with the supplier. If still no solution is reached, this is escalated to the group CFO.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
ENVISAGE DENTAL UK LIMITED is a private limited company operating within the dental sector in the United Kingdom. Its name indicates a focus on dental services or related provisions.
Incorporated on 17 November 2014, the company is active and registered under company number 09315294. Its registered office is located in Basingstoke, Hampshire, within the South East of England.
Companies operating in the dental sector typically provide a range of services to the UK market. These often include general dentistry, specialised dental treatments, and comprehensive oral healthcare services for patients.
