ICON CLINICAL RESEARCH (U.K.) LIMITED

PaymentCheck Score 2025
73Fair
#2227 in UK
#367 in South East

Company Information

Company Number
02541764
Registered Address
500 South Oak Way Green Park, Reading, England, RG2 6AD
Status
Active
Employee Count
555
Turnover
£67,945,000
EBITDA
-£8,657,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 1990
Nature of Business
72190 - Other research and experimental development on natural sciences and engineering
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
19 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
87%
31-60 Days
11%
After 60 Days
2%
Not Paid Within Terms14%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252283%11%6%85%
01 Jul 2023 - 31 Dec 202330 Jan 20241593%5%2%5%
01 Jul 2022 - 31 Dec 202211 Jan 20231991%7%2%7%
01 Jan 2022 - 30 Jun 202229 Jul 20221693%5%2%7%
01 Jul 2021 - 31 Dec 202125 Jan 20221691%7%2%9%
01 Jan 2020 - 30 Jun 202007 Aug 20201690%6%4%10%
01 Jul 2019 - 31 Dec 201928 Jan 20201890%5%5%10%
01 Jan 2019 - 30 Jun 201925 Jul 20191984%9%7%16%
01 Jul 2018 - 31 Dec 201824 Jan 20192190%5%5%10%
01 Jan 2018 - 30 Jun 201827 Jul 20181993%5%2%7%

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

Once invoice gets due (based on the payment terms), these get included in the weekly payment schedules

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

60

Dispute Resolution Process

Suppliers can contact the central accounts payable email to raise any issues or disputes they may have. All queries are dealt with by the accounts payable team in a timely manner. All issues and disputes are escalated internally to management when necessary. Business contacts are available to suppliers on request.

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

ICON Clinical Research (U.K.) Limited is a leading global provider of clinical research services, serving the pharmaceutical, biotechnology, and medical device industries. They offer a comprehensive range of services including clinical trial management, data management, medical affairs, and regulatory consulting.

As a company committed to sustainability, ICON has implemented a number of initiatives to reduce their environmental impact. This includes reducing waste and energy consumption, promoting sustainable travel options for their employees, and using eco-friendly materials in their operations.

Their products and services are focused on conducting clinical trials and gathering data to help their clients bring new medicines and treatments to market. They also provide consulting services to assist with regulatory approvals and compliance.

The key people at ICON include the CEO, Dr. Steve Cutler, who has over 30 years of experience in the pharmaceutical industry, and the Chief Medical Officer, Dr. Nuala Murphy, who has a background in medicine and clinical research.

Their website address is www.iconplc.com and their registered office address is South County Business Park, Leopardstown, Dublin 18, Ireland. They also have offices in the UK, US, and other countries around the world.

Financial Metrics

Cash
£1,489,562
Net Worth
£37,396,596
Total Current Assets
£43,837,103
Total Current Liabilities
£43,056,860

Company Location