The data shows a consistent decrease in the average time taken for CLAREMONT HOSPITAL LLP to pay invoices over the past three periods. The average time to pay has decreased from 41 days in 2018 to 30 days in 2021. This trend suggests that the company has been making efforts to pay their invoices earlier.
The data also shows a decrease in the volatility of the company's payment behavior. The percentage of invoices paid within 30 days has increased from 27% in 2018 to 76% in 2021, indicating a more consistent and timely payment pattern. Additionally, the percentage of invoices paid later than 60 days has decreased from 6% in 2018 to 4% in 2021.
| 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 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 30 | 76% | 20% | 4% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 30 | 75% | 21% | 4% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 38 | 61% | 33% | 6% | 39% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 39 | 41% | 54% | 5% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 35 | 50% | 45% | 5% | 50% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 36 | 43% | 52% | 5% | 57% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 41 | 27% | 67% | 6% | 69% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from the date of the 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
30
We attempt to resolve disputes within one week. The initial point of contact is accounts payable and finance assistant. Finance management is notified if escalation of the matter is required. To resolve a dispute, the supplier is required to provide any missing information or a correct invoice.
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
Claremont Hospital LLP is a limited liability partnership registered in London, incorporated in 2013. Its name and the correspondence addresses of past members indicate it operates or operated Claremont Hospital, a private hospital in Sheffield. The LLP's designated members have included Claremont Hospital Holdings Limited and Spire Healthcare Finance Limited, part of the Spire Healthcare group, alongside various medical practice and orthopaedic services companies as members, reflecting a joint venture structure between healthcare consultants and a hospital group. Companies House records show only company filings such as accounts, confirmation statements and charges, with no direct description of day-to-day trading activity beyond its role as the vehicle running the hospital.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk