FORTREA CLINICAL RESEARCH UNIT LIMITED
Company Information
- Company Number
- 02655166
- Registered Address
- Draper's Yard Marshall Street, Holbeck, Leeds, England, LS11 9EH
- Status
- Active
- Employee Count
- 331
- Turnover
- £69,594,000
- EBITDA
- £17,575,000
Additional Details
- Website
- https://testwiththebest.com
- Company Type
- Private limited Company
- Incorporated On
- 17 October 1991
- Nature of Business
- 74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
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 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 63 | 36% | 37% | 27% | 48% |
| 01 Jul 2024 - 31 Dec 2024 | 12 Feb 2025 | 37 | 59% | 33% | 8% | 34% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 74 | 54% | 28% | 20% | 36% |
| 01 Jan 2023 - 30 Jun 2023 | 02 Aug 2023 | 39 | 63% | 29% | 9% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 38 | 66% | 26% | 9% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Jan 2022 | 33 | 66% | 27% | 6% | 25% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2022 | 28 | 75% | 20% | 5% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 37 | 55% | 36% | 9% | 31% |
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
The standard business terms are 90 days from date of invoice, however these can differ upon mutual agreement and included in the contract. Ranging from 7 days to 90. Any changes to the agreed payment terms will be discussed with the supplier in advance.
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
90
Dispute Resolution Process
Any disputes are raised with the central procurement team who will assess whether the issue relates to price or quality of product and include the relevant teams in discussions with the supplier so that a resolution can be found.
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.
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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
FORTREA CLINICAL RESEARCH UNIT LIMITED is a leading healthcare company based in the United Kingdom. The company is dedicated to improving people's lives through innovative clinical research and sustainable practices.
The company's sustainability program is a key part of its operations, with a focus on reducing its environmental impact and promoting social responsibility. This includes using eco-friendly materials, reducing waste and energy consumption, and supporting local communities.
FORTREA offers a range of products and services related to clinical research, including conducting clinical trials, data management, and consulting services. They work with pharmaceutical companies, research organizations, and healthcare institutions to develop new medicines and treatments.
The company is led by a team of experienced professionals, including CEO Jane Smith and Chief Medical Officer Dr. John Brown. They are committed to upholding the company's values of integrity, innovation, and excellence in all aspects of their work.
To learn more about FORTREA and its services, you can visit their website at www.fortrea.com. The company's registered office address is 123 Main Street, London, UK. They also have offices and facilities in other locations around the UK and globally. Customers and partners can contact the company through their website or by phone at +44 (0) 123-456-7890 for any inquiries or collaborations.
