IQVIA LTD.

PaymentCheck Score 2025
59Fair
#3105 in UK
#50 in Information Technology
#510 in South East

Company Information

Company Number
03022416
Registered Address
3 Forbury Place, 23 Forbury Road, Reading, United Kingdom, RG1 3JH
Status
Active
Employee Count
3,389
Turnover
£2,491,900,000
EBITDA
£263,523,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 February 1995
Nature of Business
62090 - Other information technology service activities
63110 - Data processing, hosting and related activities
72110 - Research and experimental development on biotechnology
73200 - Market research and public opinion polling
Industries
Information Technology,Telecommunications And Data,Software
Region
South East

Time to Pay

Average Time to Pay
39 days
Shortest Period:90 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
48%
31-60 Days
26%
After 60 Days
26%
Not Paid Within Terms40%

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: 2025-07-23
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 202523 Jul 20253948%26%26%40%
01 Jul 2023 - 31 Dec 202324 Jan 20245140%28%32%44%
01 Jan 2023 - 30 Jun 202327 Jul 20234942%21%37%42%
01 Jul 2022 - 31 Dec 202223 Jan 20235042%31%27%12%
01 Jan 2022 - 30 Jun 202222 Jul 20224053%15%32%35%
01 Jan 2021 - 30 Jun 202128 Jul 20214851%16%33%25%
01 Jul 2020 - 31 Dec 202009 Feb 20215943%23%34%54%
01 Jul 2019 - 31 Dec 201929 Jan 20205646%32%22%32%
01 Jan 2019 - 30 Jun 201917 Jul 20194649%37%14%34%
01 Jul 2018 - 31 Dec 201823 Jan 20194445%36%19%38%
01 Jan 2018 - 30 Jun 201831 Jul 20183049%33%18%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

90 days payment from date of invoice

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

The main point of contact for disputes is the Global Shared Services Centre(locations in Slovakia and India) . When an invoice is rejected an email is sent indicating the invoice number and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. IQVIA follows a strict no PO no pay policy. The PO number is communicated by IQVIA's procurement team at the time of placing the order.

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

IQVIA Ltd. is a leading global provider of information, technology and services dedicated to the healthcare industry. The company was formed in 2016 through the merger of Quintiles and IMS Health, two of the largest healthcare data and consulting firms.

IQVIA offers a wide range of services to help healthcare companies improve their performance, including data analytics, clinical research, consulting and technology solutions. Their products and services are used by pharmaceutical and biotechnology companies, medical device manufacturers, healthcare providers, payers and government agencies.

In addition to their business activities, IQVIA is committed to sustainability and has a strong corporate responsibility program. They have set ambitious goals to reduce their environmental impact, promote diversity and inclusion, and support local communities. The company also has a Code of Business Conduct and Ethics to ensure ethical and responsible behavior in all their operations.

Key people at IQVIA include Ari Bousbib, Chairman and CEO, and Michael McDonnell, Executive Vice President and CFO. The company has over 50,000 employees in more than 100 countries around the world.

Contact information for IQVIA can be found on their website, including their registered office address in London. Their website also provides information on their sustainability efforts, products and services, and latest news and updates. As a global leader in healthcare information and services, IQVIA continues to innovate and drive positive change in the healthcare industry.

Financial Metrics

Cash
£22,190,000
Net Worth
£4,452,723,000
Total Current Assets
£1,817,197,000
Total Current Liabilities
£1,477,382,000

Company Location