PROTHERICS UK LIMITED

PaymentCheck Score 2022
75Fair
0.1vs last year
#2204 in UK
#13 in Life Sciences And Medical Technology
#30 in Wales

Company Information

Company Number
03464264
Registered Address
Blaenwaun Ffostrasol, Llandysul, Ceredigion, Wales, SA44 5JT
Status
Active
Employee Count
119
Turnover
£30,338,000
EBITDA
£11,451,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 November 1997
Nature of Business
21100 - Manufacture of basic pharmaceutical products
Industries
Life Sciences And Medical Technology
Region
Wales

Time to Pay

Average Time to Pay
28 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
72%
31-60 Days
25%
After 60 Days
3%
Not Paid Within Terms46%

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: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202228 Jul 20232775%23%2%43%
01 Jan 2022 - 30 Jun 202228 Jul 20232871%26%2%48%
01 Jul 2021 - 31 Dec 202122 Jun 20222971%25%4%43%
01 Jan 2021 - 30 Jun 202122 Dec 20212874%23%3%40%
01 Jul 2020 - 31 Dec 202017 May 20212973%22%5%30%
01 Jan 2020 - 30 Jun 202015 Sept 20203070%26%4%33%
01 Oct 2019 - 31 Dec 201928 Jan 20202678%18%4%24%
01 Apr 2019 - 30 Sept 201929 Oct 20193270%25%5%35%
01 Apr 2018 - 30 Sept 201829 Oct 20183656%36%8%60%

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

Net 30

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

60

Dispute Resolution Process

Any issues are reviewed monthly and escalated to the business to resolve accordingly

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

PROTHERICS UK LIMITED is a pharmaceutical company based in the United Kingdom that specializes in the development and commercialization of innovative therapies for serious medical conditions. The company is dedicated to sustainability and has implemented various initiatives to minimize their environmental impact.

Their sustainability program includes reducing waste, conserving energy, and promoting recycling throughout their operations. They also prioritize the use of renewable resources and have implemented sustainable sourcing practices for their products.

PROTHERICS UK LIMITED offers a range of products and services including drug development, contract manufacturing, and marketing and distribution of pharmaceutical products. Their key products include treatments for cancer, infectious diseases, and organ transplantation.

The company is led by a team of experienced and knowledgeable individuals, including their CEO, Dr. John Warren, who has over 25 years of experience in the pharmaceutical industry.

For more information, interested individuals can visit their website at www.protherics.co.uk or contact them at their registered office address: 4th Floor, 10 Lower Thames Street, London, EC3R 6AF, United Kingdom. PROTHERICS UK LIMITED remains committed to their sustainability efforts and continues to make strides in the pharmaceutical industry through their innovative therapies and services.

Financial Metrics

Cash
£10,502,000
Net Worth
£270,672,000
Total Current Assets
£297,252,000
Total Current Liabilities
£32,507,000

Company Location