ALLERGAN LIMITED
Company Information
- Company Number
- 01049760
- Registered Address
- Ground Floor Marlow International, Parkway, Marlow, England, SL7 1YL
- Status
- Active
- Employee Count
- 68
- Turnover
- £45,944,000
- EBITDA
- -£13,000
Additional Details
- Website
- https://allergan.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 13 April 1972
- Nature of Business
- 46460 - Wholesale of pharmaceutical goods
- Industries
- Life Sciences And Medical Technology
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for ALLERGAN LIMITED to pay invoices has been increasing steadily over the past three periods, with a slight dip in 2020. The percentage of invoices paid within 30 days has been decreasing, while the percentage of invoices paid between 31 and 60 days and later than 60 days has been increasing. This suggests that the company is taking longer to pay its invoices overall.
Volatility Analysis
The volatility in ALLERGAN LIMITED's payment patterns can be seen in the varying percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. There is also volatility in the average time taken to pay invoices, with the highest being 46 days and the lowest being 28 days.
Summary Analysis
From the data provided, it can be seen that ALLERGAN LIMITED has been consistently taking longer to pay invoices over the past three periods. The percentage of invoices paid within 30 days has decreased from 67% to 41%, while the percentage of invoices paid between 31 and 60 days has increased from 28% to 38%. The worst period for ALLERGAN LIMITED was in 2021, where 28% of invoices were paid later than 60 days. However, there has been a slight improvement in the most recent period, with the percentage of invoices paid within 30 days increasing to 41%. The company's shortest standard payment period has remained consistent at 30 days.
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 2022 - 30 Jun 2022 | 25 Jul 2022 | 46 | 35% | 42% | 23% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 43 | 41% | 38% | 21% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 38 | 36% | 36% | 28% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Jan 2021 | 33 | 50% | 40% | 10% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 34 | 51% | 37% | 12% | 39% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Jan 2020 | 31 | 59% | 33% | 8% | 45% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Jul 2019 | 30 | 64% | 30% | 6% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 02 Jul 2019 | 28 | 67% | 28% | 5% | 51% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 41 | 60% | 22% | 18% | 54% |
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
The standard payment terms for new vendors is 60 days. Historical existing vendors were set up with 30 days payment terms with some exceptions. We are moving more onto the 60 days following our acquisition by AbbVie and therefore a larger percentage of our vendors are now on 60 days.
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
Any disputes with invoices would first be referred to the budget holder responsible for engaging the supplier to open dialogue around the dispute. If the dispute was a minor issue i.e. invoiced to wrong entity or incorrect value, Accounts Payable would provide support in having replacement invoices, credits etc. issued. If the issue cannot be resolved via Accounts Payable, the supplier & budget holder, Procurement will be involved in terms of referring to the contract and the expectations of each party.
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
Allergan Limited is a multinational pharmaceutical company that specializes in developing and manufacturing a wide range of medical aesthetics, eye care, and pharmaceutical products. The company was founded in 1950 and is headquartered in Marlow, Buckinghamshire, United Kingdom.
The company's sustainability program is focused on reducing their environmental footprint, promoting diversity and inclusion, and supporting local communities. Allergan Limited has implemented various initiatives such as reducing energy and water consumption, promoting recycling and waste reduction, and supporting local charities and organizations.
Allergan Limited offers a diverse range of products and services, including Botox, Juvéderm, and Latisse for medical aesthetics, and Alphagan, Lumigan, and Restasis for eye care. They also provide pharmaceutical products for various therapeutic areas such as dermatology, gastroenterology, and urology.
The key people at Allergan Limited include Brent Saunders, the Chairman and CEO, and Douglas Ingram, the President and COO. They have a team of experienced professionals dedicated to driving the company's growth and innovation.
For any inquiries or information, Allergan Limited can be contacted through their website at www.allergan.co.uk or their registered office address at Marlow International, The Parkway, Marlow, Buckinghamshire, SL7 1YL, United Kingdom. Overall, Allergan Limited is committed to providing high-quality products and services while also promoting sustainability and making a positive impact on society.
