ELI LILLY AND COMPANY LIMITED

PaymentCheck Score 2025
72Fair
3.0vs last year
#2321 in UK
#18 in Life Sciences And Medical Technology
#383 in South East

Company Information

Company Number
00284385
Registered Address
Eli Lilly And Company Limited, Lilly House, Basingview, Basingstoke, Hampshire, United Kingdom, RG21 4FA
Status
Active
Employee Count
595
Turnover
£443,146,000
EBITDA
£12,809,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 February 1934
Nature of Business
21100 - Manufacture of basic pharmaceutical products
Industries
Life Sciences And Medical Technology
Region
South East

Time to Pay

Average Time to Pay
29 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
56%
31-60 Days
43%
After 60 Days
1%
Not Paid Within Terms17%

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: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253154%44%2%17%
01 Jul 2024 - 31 Dec 202431 Jan 20252859%39%2%18%
01 Jul 2023 - 31 Dec 202330 Jan 20243059%39%2%21%
01 Jan 2023 - 30 Jun 202327 Jul 20233056%42%2%22%
01 Jul 2022 - 31 Dec 202226 Jan 20232761%37%2%27%
01 Jan 2022 - 30 Jun 202229 Jul 20223059%39%2%28%
01 Jul 2021 - 31 Dec 202101 Feb 20222666%32%2%22%
01 Jan 2021 - 30 Jun 202127 Jul 20212766%31%3%21%
01 Jan 2020 - 30 Jun 202030 Jul 20202967%31%2%23%
01 Jul 2019 - 31 Dec 201927 Jan 20202372%27%1%29%
01 Jan 2019 - 30 Jun 201925 Jul 20192177%22%1%34%
01 Jan 2018 - 30 Jun 201826 Jul 20182568%30%2%47%

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

Standard contractual terms for goods and services is 60 days. Healthcare Professionals are paid 10 days from invoice date. Affiliate companies are paid on the 15th of the month following.

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

60

Dispute Resolution Process

Vendors for UK, Ireland, Nordics, France, Germany and Spain can upload and view the status of their invoices and purchase orders on our online portal, Ariba. All Invoice and payment queries are first directed to our outsourced Accounts Payable Business Partner, who have 48hrs to respond. Unresolved queries are then escalated to the internal Exception Handling Team, who have a further 48hrs to respond. If a resolution is still not reached it is then escalated to the internal Single Point of Contact Team. If an invoice is sent in without a purchase order it is returned to the vendor, to be resent with a purchase order number.

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

ELI LILLY AND COMPANY LIMITED is a global pharmaceutical company that specializes in the research, development, and production of innovative medicines to improve the lives of people around the world. Founded in 1876, the company has a long history of providing effective and safe healthcare solutions.

The company's sustainability program focuses on three key areas: reducing environmental impact, enhancing access to medicines, and promoting diversity and inclusion. They have set ambitious goals to reduce their carbon footprint, water usage, and waste generation. They also work with local communities to improve access to healthcare, especially in developing countries. In addition, they have initiatives to promote diversity and inclusion in the workplace, with a goal of achieving gender parity by 2030.

ELI LILLY AND COMPANY LIMITED offers a wide range of products and services in various therapeutic areas such as diabetes, oncology, immunology, and neuroscience. Their portfolio includes both prescription and over-the-counter medicines, as well as medical devices and diagnostic tools. The company is known for its groundbreaking insulin products, as well as other life-saving treatments for various diseases.

The key people at ELI LILLY AND COMPANY LIMITED include David A. Ricks, Chairman and CEO, and Melissa Barnes, Chief Ethics and Compliance Officer. The company is headquartered in Indianapolis, Indiana, USA, and has offices and facilities in more than 70 countries. Their website address is www.lilly.com, and their registered office address is Eli Lilly and Company Limited, Lilly House, Priestley Road, Basingstoke, Hampshire, RG24 9NL, United Kingdom.

In summary, ELI LILLY AND COMPANY LIMITED is a leading pharmaceutical company with a strong commitment to sustainability, innovation, and improving global health. Their diverse portfolio of products and services, along with their dedication to ethical business practices, make them a trusted and respected name in the healthcare industry.

Financial Metrics

Cash
£117,000
Net Worth
£386,863,000
Total Current Assets
£331,534,000
Total Current Liabilities
£97,520,000

Company Location