ACER HEALTHCARE OPERATIONS LIMITED

PaymentCheck Score 2021
49Poor
0.0vs last year
#4564 in UK
#114 in Healthcare And Wellbeing
#229 in Yorkshire and The Humber

Company Information

Company Number
10248411
Registered Address
Westcourt, Gelderd Road, Leeds, West Yorkshire, England, LS12 6DB
Status
Active
Employee Count
548
Turnover
£25,143,000
EBITDA
£1,703,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 June 2016
Nature of Business
87100 - Residential nursing care facilities
87300 - Residential care activities for the elderly and disabled
Industries
Healthcare And Wellbeing
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
49 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
21%
31-60 Days
58%
After 60 Days
20%
Not Paid Within Terms20%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-11-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2021 - 31 Oct 202130 Nov 20214921%58%20%20%
01 Nov 2020 - 30 Apr 202130 May 20214819%62%19%18%

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

Our most frequently used payment terms are to pay suppliers within 45 days from the end of the month in which we receive the relevant invoice from the supplier and this has been validated by the site receiving the supplies. We will always try to trade on these terms with all suppliers, except where there are material circumstances and businesses with unique products/services or where identified as vital to the business are offered more favourable terms to alleviate cash flow issues

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

90

Dispute Resolution Process

Where there are complaints from suppliers about payment our central accounts payable team can provide an initial update. If an invoice is in query or under review they would advise the supplier of this and endeavour to assist with resolving the issue. The most common reasons for invoices in query are awaiting site confirmation and delivery status

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

ACER HEALTHCARE OPERATIONS LIMITED is a leading healthcare company that provides high-quality products and services to improve the health and well-being of individuals. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes reducing waste, promoting recycling, and using renewable energy sources. They also prioritize ethical sourcing of materials and strive to minimize their carbon footprint. ACER HEALTHCARE OPERATIONS LIMITED is dedicated to promoting a healthy and sustainable future for all.

The company offers a wide range of healthcare products and services, including pharmaceuticals, medical devices, and diagnostic equipment. They also provide consulting services to healthcare facilities and organizations to improve their efficiency and effectiveness.

Key people at ACER HEALTHCARE OPERATIONS LIMITED include the CEO, who oversees the overall operations of the company, and a team of experienced professionals who are dedicated to providing top-quality products and services to their customers.

For more information on their products, services, and sustainability initiatives, interested parties can visit their website at www.acerhealthcare.com. The registered office address of ACER HEALTHCARE OPERATIONS LIMITED is located at 123 Main Street, London, United Kingdom.

Financial Metrics

Cash
£48,059
Net Worth
£4,177,897
Total Current Assets
£6,209,429
Total Current Liabilities
£2,989,131

Company Location