| 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 2025 - 31 Dec 2025 | 31 Jan 2026 | 45 | 24% | 52% | 24% | 57% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 46 | 20% | 56% | 24% | 66% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 52 | 15% | 56% | 29% | 64% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 48 | 18% | 57% | 25% | 64% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 49 | 17% | 55% | 28% | 62% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 55 | 16% | 48% | 36% | 69% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 56 | 19% | 46% | 35% | 65% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Jul 2022 | 52 | 16% | 51% | 33% | 67% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 60 | 18% | 44% | 38% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Jul 2021 | 54 | 17% | 44% | 39% | 67% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 53 | 15% | 45% | 40% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 54 | 13% | 46% | 41% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 57 | 12% | 50% | 38% | 71% |
| 01 Jun 2018 - 31 Dec 2018 | 17 Jan 2019 | 59 | 11% | 49% | 40% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 13% | 41% | 46% | 68% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
UK STANDARD- Weekly payment run following 60 days after date of 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
120
Should a supplier need to contact Colorcon’s accounts payable department, an email address is available on every purchase order the supplier receives or they may contact them via the Colorcon main switchboard. Direct dial numbers are also provided to suppliers as required for the Accounts Payable department and, in the event that the supplier needs to escalate the inquiry, the Financial Controller and the Finance Director. The accounts payable department aims to resolve issues as promptly as possible and, in any case, after no longer than 3 to 5 working days.
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
Colorcon Limited is the UK-registered entity, incorporated in 1971 and based in Dartford, Kent, forming part of the global Colorcon group. The wider group, active for over 60 years, manufactures pharmaceutical film coating systems, core excipients, controlled release formulation products and controlled atmosphere packaging, serving pharmaceutical, nutraceutical and animal health customers. Its product lines include film coatings such as Opadry, core excipients including Starch 1500, controlled release systems such as Corelease, and desiccant packaging under the DryGuard brand. The group operates over 40 global locations with 16 manufacturing facilities. Companies House classifies the entity's activity as manufacture of basic pharmaceutical products.
Generated from the company's website and Companies House records. Sources: colorcon.com · colorcon.com