VETS NOW LIMITED

PaymentCheck Score 2021
44Poor
11.3vs last year
#5152 in UK
#128 in Environment
#239 in Scotland

Company Information

Company Number
SC339531
Registered Address
Penguin House, Castle Riggs, Dunfermline, Fife, Scotland, KY11 8SG
Status
Active
Employee Count
2
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
13 March 2008
Nature of Business
70100 - Activities of head offices
Industries
Environment,Agriculture And Waste
Region
Scotland

Time to Pay

Average Time to Pay
51 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
31%
31-60 Days
38%
After 60 Days
31%
Not Paid Within Terms53%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

The trend for VETS NOW LIMITED shows a decrease in the average time taken to pay invoices, with the company averaging 68 days in the first period, 52 days in the second period, and 51 days in the most recent period.

Volatility Analysis

The volatility for VETS NOW LIMITED is moderate, with the company's average time to pay fluctuating between 51 and 68 days over the three periods.

Performance Reports History

Reporting Period Filed: 2021-05-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2020 - 31 Mar 202127 May 20215131%38%31%53%
01 Apr 2020 - 30 Sept 202021 Oct 20205231%29%40%66%
01 Oct 2019 - 31 Mar 202013 May 20206820%31%49%81%

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 standard terms are 30 days

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

We have a finance team that deal with be able to help out with any supplier queries that may arise

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

VETS NOW LIMITED is a veterinary care company based in the United Kingdom. It was founded in 2001 and has since become a leading provider of out-of-hours emergency care for pets. The company operates a network of over 60 clinics across the UK, providing 24/7 access to emergency veterinary care.

In addition to emergency services, VETS NOW LIMITED also offers a range of routine veterinary services, including vaccinations, health checks, and dental care. They are committed to sustainable practices and have implemented various initiatives to reduce their environmental impact. These include using energy-efficient equipment, recycling, and promoting paperless processes.

The company is led by a team of experienced and highly qualified individuals, including CEO Richard Dixon and Clinical Director Amanda Boag. They are dedicated to providing high-quality and compassionate care for animals.

For pet owners in need of emergency care, VETS NOW LIMITED offers a 24/7 helpline and online booking system. They also have a blog and online resources to educate pet owners on various health and wellbeing topics.

The registered office address for VETS NOW LIMITED is 4th Floor, 2-6 Atlantic Quay, 70 York Street, Glasgow, G2 8JX. Their website is www.vets-now.com. The company is committed to providing top-notch veterinary care while also promoting sustainability and environmental responsibility.

Financial Metrics

Cash
£0
Net Worth
£3,030
Total Current Assets
£2,930
Total Current Liabilities
£0

Company Location