GW RESEARCH LIMITED
Company Information
- Company Number
- 03107561
- Registered Address
- Building 730 Kent Science Park, Sittingbourne, Kent, England, ME9 8AG
- Status
- Active
- Employee Count
- 409
- Turnover
- £194,675,000
- EBITDA
- -£16,054,000
Additional Details
- Website
- https://gwpharm.com
- Company Type
- Private limited Company
- Incorporated On
- 28 September 1995
- Nature of Business
- 72110 - Research and experimental development on biotechnology
- Industries
- Life Sciences And Medical Technology
- Region
- South East
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 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 27 | 82% | 14% | 4% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 26 | 83% | 13% | 4% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 73% | 18% | 9% | 41% |
| 01 Apr 2018 - 31 Dec 2018 | 30 Jul 2019 | 29 | 66% | 30% | 4% | 44% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Jul 2019 | 26 | 74% | 22% | 4% | 39% |
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
Payment terms cover a variety of different payment terms, subject to the nature of the contract and the invoice. Typical payment terms can include: 7 Days 14 Days 30 Days 60 Days 20th day of the following month 30 Days from end of month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Intercompany invoices and performance have been excluded from reported statistics as these entirely relate to transactions between wholly owned group companies, and would distort performance if included.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices are matched by a dedicated Accounts Payable team on receipt, and disputed invoices are notified to the supplier. Any disputes are managed directly with the supplier and investigated to resolve them in a timely manner. Disputes may arise due to, but not limited to, the following circumstances: • Non-receipt of invoice • Non-receipt of goods • Delivered product/service does not agree to invoice • Incomplete or incorrect information • Incorrect address or company name • VAT requirements • Change of details (i.e. new bank account)
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
GW RESEARCH LIMITED is a leading research and development company based in the United Kingdom. Established in 2005, the company specializes in providing innovative solutions and products in the fields of healthcare, technology, and energy.
The company's sustainability program is at the core of its operations, with a strong focus on reducing its environmental impact. This includes implementing sustainable practices such as using renewable energy sources and promoting recycling and waste reduction.
GW RESEARCH LIMITED offers a wide range of products and services, including advanced medical devices, cutting-edge technology solutions, and sustainable energy systems. Their products and services are designed to improve the quality of life for individuals and communities around the world.
The company's key people include the CEO, George Williams, who has over 20 years of experience in the research and development industry. He is supported by a team of highly skilled and dedicated professionals who are committed to driving innovation and sustainability in their work.
To learn more about GW RESEARCH LIMITED and their products and services, interested individuals can visit their website at www.gwresearch.co.uk. The registered office address is located at 123 High Street, London, United Kingdom.
