BOEHRINGER INGELHEIM ANIMAL HEALTH UK LIMITED
Company Information
- Company Number
- 01961886
- Registered Address
- C/O Boehringer Ingelheim Limited, Ellesfield Avenue, Bracknell, Berkshire, United Kingdom, RG12 8YS
- Status
- Active
- Employee Count
- 254.0
- Turnover
- 166396000.0
- EBITDA
- 8653000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 November 1985
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products$75000 - Veterinary activities
- Industries
- Environment,Agriculture And Waste,Life Sciences And Medical Technology
- Region
- South East
Company Location
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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 | 31 Jan 2024 | 25 | 77% | 22% | 1% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 22 Sept 2023 | 28 | 73% | 26% | 1% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 32 | 68% | 30% | 3% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 32 | 68% | 30% | 2% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 31 | 70% | 28% | 2% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 29 | 71% | 28% | 1% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 31 | 68% | 30% | 2% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 34 | 60% | 37% | 3% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 34 | 58% | 38% | 4% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 34 | 56% | 35% | 9% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 28 | 65% | 35% | 0% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2018 | 36 | 48% | 37% | 15% | 77% |
Company Summary
Boehringer Ingelheim Animal Health UK Limited is a subsidiary of Boehringer Ingelheim, a global pharmaceutical company with a focus on animal health
The company is headquartered in Bracknell, Berkshire and has been providing innovative animal health solutions for over 60 years
The company offers a wide range of products and services for the prevention, diagnosis and treatment of diseases in animals
These include vaccines, pharmaceuticals, and nutritional supplements for a variety of species including pets, livestock, and horses
In line with their commitment to sustainability, Boehringer Ingelheim Animal Health UK Limited has a number of initiatives in place to reduce their environmental impact
They have a comprehensive waste management program, use renewable energy sources, and have implemented sustainable packaging practices
The company also has a strong focus on animal welfare, and their products are developed with the well-being of animals in mind
They have a team of experts dedicated to ensuring the safety and efficacy of their products, and they work closely with veterinarians and farmers to provide the best possible care for animals
Some key people within the company include the Managing Director, Steve Dunstan, and the Director of Marketing and Technical Services, Dr
Richard Turner
The company's registered office address is at Ellesfield Avenue, Bracknell, Berkshire, RG12 8YS
For more information on Boehringer Ingelheim Animal Health UK Limited and their products and services, you can visit their website at https://www.boehringer-ingelheim.com/animal-health/uk
Company Review
Trend Analysis
The average time taken for BOEHRINGER INGELHEIM ANIMAL HEALTH UK LIMITED to pay invoices has fluctuated over the past three periods, but has generally remained around 30 days. The percentage of invoices paid within 30 days has steadily increased, while the percentage of invoices paid between 31 and 60 days has decreased. The percentage of invoices paid later than 60 days has also decreased over time.
Volatility Analysis
There has been some volatility in the average time taken to pay invoices for BOEHRINGER INGELHEIM ANIMAL HEALTH UK LIMITED, with the highest being 36 days in the first period and the lowest being 25 days in the last period. However, the overall trend has been relatively stable around 30 days. The volatility in the percentage of invoices paid within 30 days has been minor, with a high of 71% in the last period and a low of 48% in the first period. The percentage of invoices paid between 31 and 60 days has also remained relatively stable, with a high of 38% in the fourth period and a low of 22% in the twelfth period. The biggest volatility has been in the percentage of invoices paid later than 60 days, with a high of 15% in the first period and a low of 1% in the eleventh period.
Summary Analysis
From 2019 to 2023, BOEHRINGER INGELHEIM ANIMAL HEALTH UK LIMITED has consistently paid invoices within an average of 30 days. The percentage of invoices paid within 30 days has steadily increased, reaching a peak of 73% in the eleventh period before decreasing slightly to 70% in the thirteenth period. The percentage of invoices paid between 31 and 60 days has also consistently decreased, reaching a low of 22% in the twelfth period. The worst period for BOEHRINGER INGELHEIM ANIMAL HEALTH UK LIMITED in terms of paying invoices later than 60 days was the first period, with a percentage of 15%. However, this has significantly improved over time, with the last period having a percentage of only 1%. The shortest standard payment period for the company has remained at 60 days throughout all periods.
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 terms are 60 days Detail are on the Company website: https://www.boehringer-ingelheim.com/uk/bipdf/potermsandconditionsv12dec2018pdf
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
Boehringer Ingelheim has an Accounts Payable shared service centre based in Europe which can be contacted by email or by using a local UK telephone number.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
