TEVA UK LIMITED
Company Information
- Company Number
- 00302461
- Registered Address
- Ridings Point, Whistler Drive, Castleford, England, England, WF10 5HX
- Status
- Active
- Employee Count
- 450
- Turnover
- £491,748,000
- EBITDA
- £41,348,000
Additional Details
- Website
- https://cymex.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 1 July 1935
- Nature of Business
- 21200 - Manufacture of pharmaceutical preparations
- Industries
- Life Sciences And Medical Technology
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 82 | 11% | 16% | 73% | 19% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 72 | 14% | 21% | 65% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 72 | 13% | 22% | 65% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 68 | 12% | 25% | 63% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 67 | 6% | 25% | 69% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 71 | 5% | 22% | 73% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 68 | 8% | 29% | 63% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 58 | 12% | 34% | 54% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 55 | 15% | 41% | 44% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 51 | 19% | 50% | 32% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 56 | 24% | 39% | 37% | 67% |
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 payment terms are 120 days paid on the 10th or 25th of the month. We do have vendors on payment terms which are different to the standard
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Figures disclosed include intercompany payment transactions. Results for 3rd party only are: average number of days to pay is 75; %age of invoices paid under 30 days is 15%, 31-60 days is 18% and over 60 days is 67%; invoices due but not paid within agreed terms is 45%
Maximum contractual payment period agreed
120
Dispute Resolution Process
Invoices are sent to the PO requester or approver for review via ERP system and discrepancies are raised with the vendor. Queries may also be communicated to the Finance Shared Services team, who would advise vendor of the query and reason for non-payment for resolution
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
TEVA UK LIMITED is a pharmaceutical company that is committed to providing high-quality and affordable medicines to patients in the UK. They are a subsidiary of TEVA Pharmaceutical Industries Ltd, a global leader in generic and specialty medicines.
Their sustainability program focuses on reducing their environmental impact through initiatives such as energy conservation, waste reduction, and sustainable sourcing. They also prioritize ethical business practices and have a strong commitment to corporate social responsibility.
As a pharmaceutical company, TEVA UK LIMITED offers a wide range of products and services, including generic and specialty medicines for various therapeutic areas such as respiratory, neurology, and oncology. They also provide patient support programs to assist patients in accessing their medications and managing their health.
Some key people at TEVA UK LIMITED include the Managing Director, Paul Wallace, and the Head of Corporate Affairs, Jonathan Quick. Their website address is www.tevauk.com and their registered office address is 1st Floor, Building 3, Imperial Place, Elstree Way, Borehamwood, Hertfordshire, WD6 1JN.
In conclusion, TEVA UK LIMITED is a pharmaceutical company that is dedicated to providing sustainable and accessible healthcare solutions to the people of the UK. With their strong focus on sustainability, diverse product portfolio, and committed leadership team, they continue to make a positive impact on the healthcare industry.
