BAUSCH LOMB UK LIMITED
Company Information
- Company Number
- 00143720
- Registered Address
- One, Fleet Place, London, EC4M 7WS
- Status
- Active
- Employee Count
- 174
- Turnover
- £97,465,000
- EBITDA
- £3,552,000
Additional Details
- Website
- https://bausch.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 28 April 1916
- Nature of Business
- 46460 - Wholesale of pharmaceutical goods
- Industries
- Primary Care
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for BAUSCH & LOMB U.K. LIMITED to pay invoices has fluctuated over the past five years, with a slight decrease from 2018-2019, followed by a large increase in 2020, and then a gradual decrease again in 2021 and 2022. However, there is still a significant increase in the average time to pay compared to the initial period in 2018.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a slight decrease in 2019 and a slight increase in 2022. However, there is a significant increase in volatility in the percentage of invoices paid between 31 and 60 days, with a sharp increase in 2020 and then a gradual decrease in 2021 and 2022. The percentage of invoices paid later than 60 days has also shown high volatility, with a sharp increase in 2020 and then a gradual decrease in 2021 and 2022. The percentage of invoices not paid within agreed terms has also shown high volatility, with a sharp increase in 2020 and then a gradual decrease in 2021 and 2022.
Performance Reports History
| 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 Jul 2023 - 31 Dec 2023 | 15 Mar 2024 | 45 | 33% | 60% | 7% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 07 Aug 2023 | 49 | 31% | 60% | 9% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jul 2023 | 53 | 29% | 58% | 13% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 17 Jul 2023 | 54 | 27% | 66% | 9% | 21% |
| 07 Jul 2021 - 29 Dec 2021 | 26 May 2022 | 61 | 21% | 66% | 13% | 15% |
| 06 Jan 2021 - 30 Jun 2021 | 26 May 2022 | 60 | 12% | 57% | 31% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 52 | 9% | 50% | 41% | 74% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 59 | 17% | 56% | 27% | 4% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 48 | 31% | 61% | 8% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 87 | 27% | 57% | 16% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 42 | 38% | 57% | 5% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 40 | 42% | 54% | 4% | 14% |
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
60 Days from date of invoice
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
60
Dispute Resolution Process
Disputes are submitted to a dedicated email inbox for accounts payable kingston_ap_queries@bausch.com they are resolved within 5 working days of the original email. Invoices with no valid purchase order cannot be accepted. Our standard terms are 60 days from the date of invoice.
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
BAUSCH & LOMB U.K. LIMITED is a leading eye health company, providing innovative products and services to improve the vision and overall health of people around the world. They have a strong commitment to sustainability and are dedicated to making a positive impact on the environment.
Their sustainability program focuses on reducing their carbon footprint, promoting responsible waste management, and implementing sustainable practices in their operations. They also prioritize ethical sourcing and fair labor practices in their supply chain.
BAUSCH & LOMB U.K. LIMITED offers a wide range of eye care products, including contact lenses, lens care solutions, and surgical devices. They are constantly researching and developing new technologies to provide the best possible vision care for their customers.
The key people at BAUSCH & LOMB U.K. LIMITED include the Managing Director, Head of Marketing, Head of Sales, and Head of Research and Development. They work together to ensure the success of the company and maintain its position as a leader in the eye health industry.
To learn more about their products and services, customers can visit their website at www.bausch.co.uk. The company's registered office address is located at 106 London Road, Kingston-Upon-Thames, Surrey, KT2 6TN, United Kingdom.
In conclusion, BAUSCH & LOMB U.K. LIMITED is a reputable company that is committed to sustainability and providing top-quality eye care products and services. With their dedicated team and focus on innovation, they continue to improve the lives of people by helping them see better.
