BIO-TECHNE LTD
Company Information
- Company Number
- 02490104
- Registered Address
- 19 Barton Lane, Abingdon Science Park, Abingdon, Oxfordshire, OX14 3NB
- Status
- Active
- Employee Count
- 153
- Turnover
- £97,102,000
- EBITDA
- -£1,544,000
Additional Details
- Website
- https://biotechne.com/
- Company Type
- Private limited Company
- Incorporated On
- 6 April 1990
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 13 Feb 2025 | 26 | 75% | 23% | 2% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 13 Feb 2025 | 38 | 48% | 38% | 14% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 29 May 2024 | 61 | 23% | 35% | 42% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 46 | 25% | 58% | 17% | 1% |
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
30 days payment unless specified on supplier invoice
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
45
Dispute Resolution Process
The end user is responsible to contact the supplier to raise any queries and request credit note if required.
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.
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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?
❌
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
BIO-TECHNE LTD is a leading global provider of life sciences research and clinical diagnostics products and services. The company is committed to sustainability and has a strong focus on developing products and solutions that have a positive impact on the environment.
The company offers a wide range of products and services including antibodies, proteins, reagents, and instruments for research and diagnostic purposes. Their products are used in various fields such as cancer research, stem cell research, and immunology.
BIO-TECHNE LTD's sustainability program is centered around three main pillars: environmental, social, and economic impact. The company has implemented various initiatives to reduce their carbon footprint, improve energy efficiency, and promote sustainable practices in their operations. They also prioritize ethical sourcing and fair labor practices in their supply chain.
The key people at BIO-TECHNE LTD include Charles Kummeth, the President and CEO, and James Hippel, the Chief Financial Officer. They lead a team of dedicated professionals who are committed to driving innovation and sustainability in the company.
The company's website, www.bio-techne.com, provides detailed information about their products and services, as well as their sustainability efforts. They also have a registered office address at Bio-Techne Ltd, One Kendall Square, Suite B2304, Cambridge, MA, 02139, USA.
In summary, BIO-TECHNE LTD is a global leader in life sciences research and clinical diagnostics, with a strong focus on sustainability. Their commitment to developing environmentally friendly products and promoting ethical practices makes them a responsible and socially conscious company.
