WRAFTON LABORATORIES LIMITED

PaymentCheck Score 2025
39Poor
8.4vs last year
#4133 in UK
#201 in South West

Company Information

Company Number
02638733
Registered Address
Wrafton, Braunton, Devon, EX33 2DL
Status
Active
Employee Count
583
Turnover
£102,823,000
EBITDA
£13,250,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 August 1991
Nature of Business
21100 - Manufacture of basic pharmaceutical products
Industries
Life Sciences And Medical Technology
Region
South West

Time to Pay

Average Time to Pay
52 days
Shortest Period:60 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
20%
31-60 Days
70%
After 60 Days
10%
Not Paid Within Terms30%

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 202529 Jul 20255818%62%20%44%
01 Jan 2024 - 30 Jun 202429 Jul 20245221%71%8%26%
01 Jul 2023 - 31 Dec 202310 Jan 20245621%66%14%29%
01 Jul 2022 - 31 Dec 202226 Jan 20236222%51%27%62%
01 Jan 2022 - 30 Jun 202228 Jul 20225715%56%29%59%
01 Jul 2021 - 31 Dec 202128 Jan 20225024%51%25%58%
01 Jan 2020 - 30 Jun 202030 Jul 20205615%45%40%66%
01 Jan 2019 - 30 Jun 201926 Jul 20195216%57%27%70%
01 Jul 2018 - 31 Dec 201828 Jan 20194921%70%9%72%
01 Jan 2018 - 30 Jun 201827 Jul 20185121%66%12%75%

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

Our standard payment terms are 60 days from date of invoice unless agreed otherwise

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

75

Dispute Resolution Process

Our purchase orders contain details (email/telephone) for the relevant helpdesk or department to which payment queries should be directed by suppliers. All queries are managed in accordance with our internal processes and dealt with as quickly as possible

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

Wrafton Laboratories Limited is a British company that specializes in the development and manufacture of healthcare and pharmaceutical products. It was established in 1957 and is based in Braunton, Devon.

The company's sustainability program is focused on reducing their environmental impact and promoting sustainability in their operations. They have implemented measures such as using renewable energy sources, reducing waste and promoting recycling, and implementing energy-efficient practices. They are also committed to sourcing sustainable and ethically produced ingredients for their products.

Wrafton Laboratories Limited offers a wide range of products and services, including prescription and over-the-counter medicines, medical devices, and healthcare products. They also have a contract manufacturing division that provides services to other companies in the healthcare industry.

The key people at Wrafton Laboratories Limited include their Managing Director, Graham Dixon, and their Head of Quality, Dr. Mark Woolfenden.

Their website address is www.wraftonlab.com, where customers can find information about their products and services, as well as their sustainability efforts. The registered office address is Wrafton Laboratories Limited, Braunton, Devon, EX33 2DL, United Kingdom.

In conclusion, Wrafton Laboratories Limited is a leading British company in the healthcare and pharmaceutical industry, with a strong focus on sustainability and ethical practices. They offer a wide range of products and services and have a dedicated team of professionals leading their operations.

Financial Metrics

Cash
£8,892,000
Net Worth
£50,534,000
Total Current Assets
£44,980,000
Total Current Liabilities
£22,258,000

Company Location