TOCRIS COOKSON LIMITED
Company Information
- Company Number
- 02869577
- Registered Address
- Unit 4-6 Avonbridge Trading Estate, Atlantic Road, Bristol, England, BS11 9QD
- Status
- Active
- Employee Count
- 82
- Turnover
- £17,673,000
- EBITDA
- £7,014,000
Additional Details
- Website
- https://tocris.com
- Company Type
- Private limited Company
- Incorporated On
- 5 November 1993
- Nature of Business
- 20590 - Manufacture of other chemical products not elsewhere classified
- Industries
- Life Sciences And Medical Technology, Raw Materials And Intermediate Goods
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for TOCRIS COOKSON LIMITED to pay invoices to suppliers has decreased over the three periods, from 38 days in the first period to 36 days in the third period. This indicates an improvement in the efficiency of the company's payment process.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has decreased over the three periods, from 36% in the first period to 51% in the third period. This suggests that the company has become more consistent in paying invoices on time.
Summary Analysis
In the first period (Jul 2017 - Dec 2017), TOCRIS COOKSON LIMITED took an average of 38 days to pay invoices, with 36% of invoices being paid within 30 days and 58% being paid between 31 and 60 days. However, in this period, 6% of invoices were paid later than 60 days.
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 2018 - 30 Jun 2018 | 31 Jul 2018 | 38 | 46% | 52% | 2% | 0% |
| 01 Jul 2017 - 31 Dec 2017 | 30 Jan 2018 | 38 | 36% | 58% | 6% | 1% |
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 net, so generally paid one month after being received.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The end user would contact the supplier if there are any issues and request a credit note.
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.
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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
TOCRIS COOKSON LIMITED is a leading global provider of high-quality chemicals and research tools for the life sciences industry. The company was founded in 1982 and is headquartered in Bristol, United Kingdom.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste and promoting recycling, and implementing sustainable sourcing practices.
TOCRIS COOKSON LIMITED offers a wide range of products and services to support research and development in the life sciences industry. Their portfolio includes over 18,000 products including small molecules, peptides, antibodies, and biochemicals. They also provide custom synthesis services and offer technical support to their customers.
The company's key people include the CEO, Dr. James Hitchin, and the Managing Director, Dr. Ian Bailey. They lead a team of highly skilled and dedicated professionals who are committed to providing excellent customer service and driving innovation in the life sciences industry.
TOCRIS COOKSON LIMITED can be contacted through their website, which also serves as an extensive resource for product information, technical support, and ordering. The company's registered office address is 7 Oakwood Drive, Emersons Green, Bristol, BS16 7FS, United Kingdom.
In summary, TOCRIS COOKSON LIMITED is a reputable and sustainable company that offers high-quality products and services to support research and development in the life sciences industry. Their commitment to sustainability, along with their dedicated team of professionals, makes them a trusted partner for scientists and researchers worldwide.
