Industry ranking
| 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 2024 - 30 Jun 2024 | 02 Oct 2024 | 28 | 72% | 25% | 3% | 43% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Oct 2024 | 27 | 76% | 22% | 2% | 43% |
| 01 Jul 2022 - 31 Dec 2022 | 28 Jul 2023 | 27 | 75% | 23% | 2% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2023 | 28 | 71% | 26% | 2% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Jun 2022 | 29 | 71% | 25% | 4% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Dec 2021 | 28 | 74% | 23% | 3% | 40% |
| 01 Jul 2020 - 31 Dec 2020 | 17 May 2021 | 29 | 73% | 22% | 5% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Sept 2020 | 30 | 70% | 26% | 4% | 33% |
| 01 Oct 2019 - 31 Dec 2019 | 28 Jan 2020 | 26 | 78% | 18% | 4% | 24% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 32 | 70% | 25% | 5% | 35% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 33 | 74% | 21% | 5% | 36% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 36 | 56% | 36% | 8% | 60% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net 30
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Any issues are reviewed monthly and escalated to the business to resolve accordingly
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
Protherics UK Limited is a Welsh-registered pharmaceutical manufacturer, classified under manufacture of basic pharmaceutical products. Its website now presents the SERB Pharmaceuticals brand, indicating the entity forms part of the SERB Pharmaceuticals group. SERB is a specialty pharmaceutical business, originally founded in the 1950s in France, that supplies emergency medicines, medical countermeasures and antidotes to healthcare providers, first responders and emergency preparedness agencies in over 100 countries. The wider group reports over 70 medicines, more than 500 employees, and direct sales operations in 18 countries. Protherics UK Limited itself represents the group's UK-based manufacturing and registered presence, rather than the parent commercial entity, within this rare-disease and emergency medicine specialism.
Generated from the company's website and Companies House records. Sources: protherics.com