COLORCON LIMITED

PaymentCheck Score 2025
40Poor
2.9vs last year
#4108 in UK
#115 in Manufacturing
#693 in South East

Company Information

Company Number
00999077
Registered Address
Flagship House, Victory Way Crossways, Dartford Kent, DA2 6QD
Status
Active
Employee Count
291
Turnover
£190,626,000
EBITDA
£61,248,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 January 1971
Nature of Business
21100 - Manufacture of basic pharmaceutical products
Industries
Manufacturing, Raw Materials And Intermediate Goods
Region
South East

Time to Pay

Average Time to Pay
46 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
20%
31-60 Days
56%
After 60 Days
24%
Not Paid Within Terms66%

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: 2025-07-25
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 202525 Jul 20254620%56%24%66%
01 Jul 2024 - 31 Dec 202431 Jan 20255215%56%29%64%
01 Jan 2024 - 30 Jun 202429 Jul 20244818%57%25%64%
01 Jul 2023 - 31 Dec 202330 Jan 20244917%55%28%62%
01 Jan 2023 - 30 Jun 202325 Jul 20235516%48%36%69%
01 Jan 2022 - 30 Jun 202201 Jul 20225216%51%33%67%
01 Jul 2021 - 31 Dec 202128 Jan 20226018%44%38%62%
01 Jan 2021 - 30 Jun 202113 Jul 20215417%44%39%67%
01 Jun 2018 - 31 Dec 201817 Jan 20195911%49%40%69%
01 Jan 2018 - 30 Jun 201830 Jul 20185813%41%46%68%

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 period for qualifying contracts 60 days 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

N/A

Maximum contractual payment period agreed

120

Dispute Resolution Process

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.

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

COLORCON LIMITED is a global company that specializes in the development and manufacture of film coatings, modified release technologies, functional excipients, and tablet design services for the pharmaceutical industry. The company was founded in 1961 and is headquartered in Dartford, United Kingdom.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and emissions, and promoting sustainable sourcing practices.

COLORCON LIMITED offers a wide range of products and services to its customers, including Opadry® film coatings, Nutrafinish® functional excipients, and tablet design solutions. These products and services are designed to improve the appearance, stability, and effectiveness of pharmaceutical products.

The key people at COLORCON LIMITED include its CEO, Mark Robinson, and its Executive Vice President, Peter McDonald. They lead a team of experienced professionals who are committed to providing high-quality products and services to their customers.

To get in touch with COLORCON LIMITED, customers can visit their website at www.colorcon.com or contact their registered office at Colorcon Limited, 121 Park Drive, Milton Park, Abingdon, Oxfordshire, OX14 4SE, United Kingdom. The company also has offices and manufacturing facilities in various countries around the world, providing global support to its customers.

Financial Metrics

Cash
£18,099,665
Net Worth
£56,560,805
Total Current Assets
£68,296,877
Total Current Liabilities
£32,345,041

Company Location