Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 91.27/100 qualifies for PaymentCheck Certification
| 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 2022 - 30 Sept 2022 | 16 Nov 2022 | 11 | 85% | 14% | 2% | 23% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 7 | 94% | 6% | 0% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 30 days following receipt of invoice.
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
90
Suppliers are directed to the Accounts Payable team who will investigate and resolve any queries. If a solution cannot be agreed or resolved between the vendor and the AP department it will be escalated to the company accountants and then if required to the business manager. All queries are actioned promptly by the AP department. If queries are regarding contractual agreements this will be automatically escalated and dealt with by the business manager.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
METABOLIC HEALTHCARE LTD is an active private limited company, incorporated on 2 July 2015, based in the Yorkshire and The Humber region. Registered business activity: Other human health activities.
From Companies House records.