LIFEARC

PaymentCheck Score 2025
77Good
2.3vs last year
#1967 in UK
#20 in Life Sciences And Medical Technology
#843 in London

Company Information

Company Number
02698321
Registered Address
7th Floor, Lynton House 7-12 Tavistock Square, London, WC1H 9LT
Status
Active
Employee Count
345
Turnover
£205,043,000
EBITDA
£114,047,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
18 March 1992
Nature of Business
72110 - Research and experimental development on biotechnology
Industries
Life Sciences And Medical Technology
Region
London

Time to Pay

Average Time to Pay
34 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
74%
31-60 Days
10%
After 60 Days
16%
Not Paid Within Terms29%

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: 2025-01-27
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 20253578%10%12%23%
01 Jan 2024 - 30 Jun 202415 Jul 20242978%12%11%24%
01 Jul 2023 - 31 Dec 202323 Jan 20242983%9%8%20%
01 Jan 2023 - 30 Jun 202313 Jul 20233282%8%10%20%
01 Jul 2021 - 21 Dec 202114 Jan 20222386%7%8%16%
01 Jan 2021 - 30 Jun 202129 Jul 20212487%7%7%15%
01 Jul 2020 - 31 Dec 202012 Jan 20213783%6%11%19%

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 payment terms are 30 days

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

30

Dispute Resolution Process

Any complaint or dispute will be considered by our Finance department and resolved as soon 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

LIFEARC is a sustainability-focused organization that aims to create a healthier and more sustainable future for all. Their activities range from research and development to education and advocacy, with the goal of promoting sustainable living and reducing environmental impact.

One of LIFEARC's key initiatives is their sustainability program, which focuses on promoting sustainable practices in areas such as energy, waste management, and transportation. They also work with businesses and communities to help them adopt sustainable practices and reduce their carbon footprint.

In terms of products and services, LIFEARC offers a range of sustainable solutions, including eco-friendly home and office products, renewable energy systems, and waste management solutions. They also provide consultancy services to help businesses and organizations become more sustainable.

The organization is led by a team of experienced and dedicated individuals, including scientists, sustainability experts, and business leaders. Their registered office address is 22 Upper Ground, London SE1 9PD, United Kingdom.

LIFEARC's website (www.lifearc.org.uk) provides information on their activities, services, and initiatives, as well as resources and tips for living a more sustainable lifestyle. They also have a contact page on their website for inquiries and partnerships.

In summary, LIFEARC is a leading organization in promoting sustainability through their research, education, and advocacy efforts. Their range of sustainable products and services, along with their dedicated team, makes them a valuable resource for individuals, businesses, and communities looking to make a positive impact on the environment.

Financial Metrics

Cash
£13,472,000
Net Worth
£1,175,111,000
Total Current Assets
£128,776,000
Total Current Liabilities
£15,350,000

Company Location