ADVANCED MEDICAL SOLUTIONS LIMITED
Company Information
- Company Number
- 02666957
- Registered Address
- Premier Park 33 Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3RT
- Status
- Active
- Employee Count
- 372
- Turnover
- £70,898,000
- EBITDA
- £20,954,000
Additional Details
- Website
- https://activheal.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 November 1991
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products
- Industries
- Life Sciences And Medical Technology
- Region
- North West
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 2023 - 31 Dec 2023 | 28 May 2024 | 34 | 64% | 29% | 7% | 34% |
| 01 Jan 2023 - 30 Jun 2023 | 28 May 2024 | 37 | 63% | 29% | 8% | 37% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 38 | 60% | 30% | 10% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 03 Feb 2023 | 38 | 52% | 37% | 11% | 44% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Feb 2022 | 36 | 60% | 33% | 7% | 40% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 38 | 57% | 35% | 8% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 02 Sept 2020 | 37 | 57% | 32% | 11% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 32 | 68% | 27% | 5% | 75% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 35 | 55% | 36% | 9% | 33% |
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
Advanced Medical Solutions Limited’s “AMS” standard payment terms are 60 day terms for raw material suppliers and 30 days for all other suppliers. Whilst 63% of invoices are paid on time, due to the timing of payment processes, a further 15% are paid within 7 days of the payment due date.
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
AMS is committed to operating a fair and transparent payment system with our supply chain partners. Relationships are managed in a personal way which ensures that a formal dispute resolution process is rarely required. AMS aims to resolve all payment related disputes and queries in a prompt manner. A dedicated Accounts Payable team handles payment disputes and is reachable by phone and email. If the Accounts Payable team is not able to resolve the dispute it is escalated to the Site Financial Controller who may further escalate to members of the Senior Management Team.
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.
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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
ADVANCED MEDICAL SOLUTIONS LIMITED is a UK-based company that specializes in innovative and sustainable medical solutions. They provide a range of products and services to the healthcare industry, with a focus on wound care and infection prevention.
The company has a strong commitment to sustainability, with a dedicated sustainability program in place. This includes using eco-friendly materials in their products, reducing waste and carbon emissions, and promoting responsible business practices.
Their products and services include advanced wound dressings, surgical and medical devices, and infection control solutions. These are developed using cutting-edge technology and are designed to improve patient outcomes and reduce healthcare costs.
The company is led by a team of experienced professionals, including CEO Chris Meredith and CFO Mary Tavener. They are supported by a team of scientists, engineers, and medical experts who work together to develop and deliver high-quality medical solutions.
For more information about ADVANCED MEDICAL SOLUTIONS LIMITED and their products and services, you can visit their website at www.admedsol.com. Their registered office address is Suite 10, Premier Park, 33 Road One, Winsford Industrial Estate, Winsford, Cheshire CW7 3RT, United Kingdom.
