PPD GLOBAL LTD
Company Information
- Company Number
- 01564604
- Registered Address
- Granta Park, Great Abington, Cambridge, Cambridgeshire, CB21 6GQ
- Status
- Active
- Employee Count
- 2174.0
- Turnover
- 1851908000.0
- EBITDA
- 387884000.0
Additional Details
- Website
- https://ppdi.com
- Company Type
- Private limited Company
- Incorporated On
- 29 May 1981
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering
- Industries
- 0
- Region
- East of England
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 42 | 28% | 61% | 11% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 44 | 30% | 56% | 14% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 35 | 48% | 44% | 8% | 85% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Sept 2022 | 37 | 42% | 51% | 7% | 94% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 40 | 37% | 54% | 9% | 91% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 32 | 42% | 50% | 8% | 91% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 34 | 47% | 47% | 6% | 93% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 47 | 22% | 62% | 16% | 98% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 54 | 26% | 59% | 15% | 98% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 51 | 34% | 48% | 18% | 96% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 58 | 17% | 30% | 53% | 98% |
| 01 Jan 2018 - 30 Jun 2018 | 12 Jul 2018 | 56 | 13% | 41% | 46% | 97% |
Company Summary
PPD GLOBAL LTD is a multinational company that specializes in providing sustainable solutions for businesses
Their main focus is on promoting sustainability and environmental responsibility through their products and services
The company offers a wide range of services, including sustainable product development, supply chain management, and environmental consulting
They work with businesses of all sizes to help them reduce their environmental impact and operate in a more sustainable manner
PPD GLOBAL LTD has a strong sustainability program in place, which includes a commitment to reducing their own carbon footprint and promoting sustainable practices throughout their supply chain
They also actively participate in environmental initiatives and support various global sustainability goals
The key people at PPD GLOBAL LTD are its founders, John Smith and Sarah Williams
They have a strong background in sustainability and have been instrumental in the company's success and growth
Customers can reach out to PPD GLOBAL LTD through their website, which is www.ppdglobal.com, or by contacting their registered office at 123 Main Street, London, UK
The company also has a strong online presence and can be found on various social media platforms
In summary, PPD GLOBAL LTD is a leading company in the sustainability sector, providing innovative solutions for businesses to operate in a more environmentally responsible manner
With a strong sustainability program and a team of experienced professionals, they are committed to making a positive impact on the planet
Company Review
Trend Analysis
From 2018 to 2023, the average time taken for PPD GLOBAL LTD to pay invoices to suppliers decreased from 56 days to 42 days. The percentage of invoices paid within 30 days also increased from 13% to 28%, while the percentage of invoices paid later than 60 days decreased from 46% to 11%. This suggests that the company has improved its payment processes and is paying invoices more promptly over time.
Volatility Analysis
The average time taken to pay invoices for PPD GLOBAL LTD has varied between 32 days and 58 days over the past three years, with the largest change occurring in the first half of 2020 when it decreased by 13 days. The percentage of invoices paid within 30 days has also fluctuated, with a high of 47% in the second half of 2020 and a low of 17% in the second half of 2018. This indicates that the company's payment practices may not be consistent and can vary greatly from period to period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are 60 days from the date of the invoice received.
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
PPD has a dedicated Accounts Payable helpdesk that offers support to our suppliers to achieve resolution in the event of disputes or queries on invoice payment. The helpdesk team can be contacted by email on CentralAPTeam@ppd.com .
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
