Industry ranking
Score of 83.55/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 32 | 80% | 15% | 5% | 8% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 33 | 83% | 13% | 4% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 33 | 82% | 14% | 4% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Aug 2024 | 33 | 84% | 12% | 4% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 33 | 81% | 14% | 5% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 33 | 82% | 14% | 4% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 33 | 80% | 15% | 5% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 33 | 79% | 15% | 6% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 33 | 77% | 18% | 5% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 78% | 17% | 5% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 33 | 77% | 18% | 5% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 33 | 79% | 16% | 5% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 33 | 80% | 15% | 5% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 32 | 79% | 17% | 4% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 32 | 78% | 19% | 3% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 33 | 77% | 18% | 5% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment term expectations are 60 days net, 30 days 2% discount 60 days net, 14 days 1.5% discount 60 days net. Where deemed applicable, Purchasing discuss the Corporate payment terms with suitable Suppliers and where feasible, agreement is made between both parties for ongoing business on this basis. As a site, we do not adopt a “standard payment terms” policy owing to the varied site spend requirements, related purchasing strategies utilised and the diverse types of supplier required. Purchasing uphold a steadfast stance that undue financial constraints on Suppliers are counterproductive. As such, before approaching Suppliers to discuss and agree payment terms, the nature of business (size/type), industry and likely future requirements are considered. All Payment Terms that are established between FSUK and Suppliers are always done so on a mutually agreed basis. Different types of “qualifying contract” Purchase Orders – Utilised for “standard” purchases across Direct/Indirect categories Contracts/Agreements – Utilised for “non-standard” purchases such as some project led purchases and complex purchases which require contract/legal involvement.
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
180
All payment terms are mutually agreed between both parties and Purchase Orders placed on this basis with clear “bill to” information indicated and Instructions to reference the Purchase Order number are clearly displayed on this document. This is done to proactively help avoid common reasons for delays in payment. Purchasing contact details are clearly shown on the covering e-mail as a specific point of contact to enable first point communication. At Order fulfilment or at agreed milestones indicated on the Purchase Order, invoices can be sent by the Supplier for payment. Payment Terms are applied based on the date of invoice unless deemed reasonable to utilise the date of receipt i.e. late receipt of invoice. Should an invoice contain erroneous information, this is queried internally by Account Payable with Purchasing to resolve. Should this not be possible, the Supplier will be notified of the query with the aim of providing assistance to avoid late payment.
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
Fisher Scientific U.K. Limited, registered in Loughborough, is part of the Thermo Fisher Scientific group and trades as Fisher Scientific. It supplies laboratory equipment, chemicals, consumables, instruments and diagnostics to research, production and testing laboratories, as well as to healthcare and science education markets. Its own site describes it as offering over six million products and support services, including biopharma and biotech industry solutions, alongside customer care and lab services delivered as part of the wider Thermo Fisher Scientific group. The entity itself functions as the UK arm of that international group, focused on distributing scientific and laboratory supplies rather than manufacturing them.
Generated from the company's website and Companies House records. Sources: fisher.co.uk · fisher.co.uk