IPG HEALTH MEDICAL COMMUNICATIONS LIMITED
Company Information
- Company Number
- 02503062
- Registered Address
- 19-21 King Edward Street, Macclesfield, Cheshire, United Kingdom, SK10 1AQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 May 1990
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
IPG HEALTH MEDICAL COMMUNICATIONS LIMITED demonstrates an extremely strong payment trend, with an average payment time of just 8 days and 96% of payments processed within 30 days. This indicates a highly efficient and consistent payment process, showing excellent adherence to payment terms over time and a clear trajectory of prompt settlement.
Volatility Analysis
The payment profile exhibits very low volatility, with only 3% of payments falling into the 31-60 day range and a mere 1% exceeding 60 days. This data confirms high reliability and predictability, suggesting minimal risk of unexpected payment delays or fluctuations for suppliers.
Summary Analysis
Overall, IPG HEALTH MEDICAL COMMUNICATIONS LIMITED presents an exceptionally low payment risk, making them a highly desirable partner for suppliers. Key decision factors include their consistent early payments and virtually non-existent late payment record, requiring no specific risk mitigation strategies beyond standard terms.
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 2025 - 30 Jun 2025 | 24 Jul 2025 | 8 | 96% | 3% | 1% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 6 | 98% | 1% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 8 | 98% | 1% | 1% | 0% |
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
Standard is based on vendor category, ranges from Payable Upon Receipt to Net 52.
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
52
Dispute Resolution Process
This is handled on a case by case basis, starting with our accounts payable department with escalation to the CFO.
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
IPG HEALTH MEDICAL COMMUNICATIONS LIMITED is a private limited company that specialises in providing medical communication services. The company focuses on facilitating communication within the healthcare and pharmaceutical industries.
Incorporated on 17 May 1990, the company is active and operates from its registered office at 19-21 King Edward Street, Macclesfield, Cheshire, United Kingdom, SK10 1AQ, located in the North West of England. Its company number is 02503062.
Medical communications companies typically provide services such as scientific writing, publication planning, medical education programmes, and conference support for pharmaceutical companies, healthcare professionals, and patient organisations. These services aim to disseminate complex medical information accurately and effectively to target audiences.
