| 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 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 49 | 21% | 58% | 20% | 20% |
| 01 Nov 2020 - 30 Apr 2021 | 30 May 2021 | 48 | 19% | 62% | 19% | 18% |
| 01 May 2020 - 31 Oct 2020 | 27 Nov 2020 | 38 | 52% | 37% | 11% | 7% |
This information is as reported by the business, and responses are in their own words.
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
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
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
Acer Healthcare Operations Limited is a Leeds-registered company operating within the care home sector. Its registered activities, as recorded at Companies House, cover residential nursing care facilities and residential care activities for the elderly and disabled. The company is active and was incorporated in June 2016. No further detail on individual homes, locations or trading names is available from the evidence supplied, so this summary reflects only its registered nature of business.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk