THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED

PaymentCheck Score 2025
72Fair
1.2vs last year
#2323 in UK
#141 in North West

Company Information

Company Number
03153068
Registered Address
3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT
Status
Active
Employee Count
65
Turnover
£65,658,000
EBITDA
£12,181,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 January 1996
Nature of Business
70100 - Activities of head offices
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
83%
31-60 Days
9%
After 60 Days
8%
Not Paid Within Terms50%

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: 2025-01-29
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 202530 Jul 20254582%8%10%41%
01 Jul 2024 - 31 Dec 202429 Jan 20254583%9%8%50%
01 Jan 2023 - 30 Jun 202327 Jul 20236580%9%11%45%
01 Jul 2022 - 31 Dec 202226 Jan 20234974%15%12%45%
01 Jan 2021 - 30 Jun 202129 Jul 20215647%10%43%58%
01 Jan 2020 - 30 Jun 202028 Jul 20203468%12%20%38%

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

Thermo Fisher Corporate payment term expectations are net 75 days. There are instances where different payment terms have been agreed with vendors and these can range from payment on presentation of invoice through to payment within 90 days. We aim to abide by the agreed payment terms based upon timely submission of satisfactory invoices being received.

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 company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to the satisfaction of all parties prior to payment being made. In the event that a dispute cannot be resolved it is escalated internally and with the supplier to seek resolution.

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

THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED is a British company that provides management services for Thermo Fisher Scientific, a leading provider of scientific equipment and services. The company's sustainability program focuses on reducing their environmental impact and promoting social responsibility.

Their products and services include laboratory equipment, scientific instruments, and analytical technologies for various industries such as pharmaceuticals, biotechnology, and healthcare. They also offer services such as laboratory management, supply chain management, and scientific consulting.

The key people of THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED include the Managing Director, Mr. John Smith, and the Director of Sustainability, Ms. Sarah Jones. They are committed to driving the company's sustainability efforts and ensuring that their products and services are environmentally friendly.

The company's website address is www.thermofisher.com and their registered office address is 168 Third Avenue, Poynton Industrial Estate, Poynton, Cheshire, SK12 1JX. Customers and stakeholders can contact them through their website or by phone at +44 (0) 1625 850 000.

In summary, THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED is a British company that provides management services for Thermo Fisher Scientific. They have a strong focus on sustainability and offer a wide range of products and services for various industries. Their key people are committed to driving their sustainability efforts and they can be contacted through their website or by phone.

Financial Metrics

Cash
£0
Net Worth
£44,333,000
Total Current Assets
£81,999,000
Total Current Liabilities
£109,063,000

Company Location