THERMO ELECTRON LIMITED

PaymentCheck Score 2025
80Good
4.6vs last year
#1760 in UK
#99 in North West

Company Information

Company Number
01735858
Registered Address
3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT
Status
Active
Employee Count
153
Turnover
£44,902,000
EBITDA
£24,966,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 June 1983
Nature of Business
26511 - Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
Industries
Hardware
Region
North West

Time to Pay

Average Time to Pay
33 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
78%
31-60 Days
13%
After 60 Days
9%
Not Paid Within Terms39%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 28 Jun 202530 Jul 20253371%16%13%0%
01 Jul 2024 - 31 Dec 202429 Jan 20253378%13%9%39%
01 Jul 2023 - 31 Dec 202330 Jan 20243371%29%0%47%
01 Jan 2023 - 30 Jun 202328 Jul 20233271%29%0%3%
01 Jan 2022 - 30 Jun 202228 Jul 20223270%25%5%51%

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

It is the company's policy to agree appropriate terms of payment with suppliers and to abide by those terms based on the timely submission of satisfactory invoices.

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

90

Dispute Resolution Process

The company is committed to dealing with its suppliers in a fair, honest, and professional manner. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made.

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

THERMO ELECTRON LIMITED is a leading global provider of scientific instruments, equipment, and services for research, healthcare, and industrial applications. The company was founded in 1956 and is headquartered in Waltham, Massachusetts, with a registered office address in Hemel Hempstead, United Kingdom.

The company offers a wide range of products and services, including analytical instruments, laboratory equipment, and software for various industries such as pharmaceutical, biotechnology, and food and beverage. Their sustainability program focuses on reducing their environmental impact, promoting diversity and inclusion, and ensuring ethical business practices. They also have a strong commitment to innovation and regularly invest in research and development to improve their products and services.

THERMO ELECTRON LIMITED has a team of experienced and dedicated professionals, including CEO Marc N. Casper, who leads the company's strategic direction and growth. The company also has a strong network of distributors and partners around the world, providing customers with local support and service.

Customers can access information about the company's products, services, and sustainability efforts through their website, which also includes contact information for their global offices. Overall, THERMO ELECTRON LIMITED is a reliable and sustainable company that continues to provide innovative solutions for scientific research and industrial applications.

Financial Metrics

Cash
£268,000
Net Worth
£38,753,000
Total Current Assets
£103,663,000
Total Current Liabilities
£70,269,000

Company Location