| 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 Jul 2025 - 31 Dec 2025 | 13 Apr 2026 | 56 | 32% | 52% | 16% | 26% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 53 | 27% | 51% | 22% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 55 | 45% | 33% | 22% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 52 | 29% | 58% | 13% | 21% |
| 01 Oct 2022 - 31 Dec 2022 | 01 Feb 2023 | 44 | 38% | 53% | 9% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 40 | 43% | 51% | 6% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 40 | 43% | 50% | 7% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 39 | 45% | 49% | 6% | 15% |
| 29 Jun 2020 - 31 Dec 2020 | 28 Jan 2021 | 40 | 40% | 52% | 8% | 19% |
| 01 Apr 2020 - 30 Jun 2020 | 31 Jul 2020 | 39 | 46% | 49% | 5% | 10% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 41 | 43% | 50% | 7% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 47 | 30% | 56% | 14% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 41 | 43% | 50% | 7% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 41 | 41% | 51% | 8% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard conditions of purchase are 30 days net unless otherwise agreed with the vendor.
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
We have used the invoice dispute resolution as an opportunity to demonstrate how we value our relationship with our suppliers. As a company we place great importance on building and maintaining strong relationships with our suppliers. An invoice will generally go on hold for payment if there is a dispute on price (invoices vs PO), quantity (ordered vs delivered) & quality. The accounts payable clerk will notify the supplier of any discrepancy either by email or phone. Once the issue has been resolved (usually by credit note received) we release the invoice for payment and it will be paid in the next payment run which occurs every Thursday.
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.
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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
LIFE TECHNOLOGIES BPD UK LIMITED is a leading biotechnology company based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as waste reduction, energy efficiency, and responsible sourcing of materials. They are also actively involved in community outreach and support various local charities and organizations.
The company offers a wide range of products and services in the field of biotechnology, including genetic testing, research tools, and cell culture products. These products play a crucial role in advancing scientific research and improving human health.
The key people of LIFE TECHNOLOGIES BPD UK LIMITED include the Chief Executive Officer, Chief Financial Officer, and other senior executives who bring years of expertise and experience to the company.
To contact the company, individuals can visit their website at www.lifetechnologies.co.uk or reach out to their registered office at 3 Fountain Drive, Inchinnan Business Park, Renfrew, PA4 9RF, United Kingdom.
In conclusion, LIFE TECHNOLOGIES BPD UK LIMITED is a reputable biotechnology company with a strong commitment to sustainability and a wide range of high-quality products and services. Their dedication to innovation and responsible business practices makes them a leader in the industry.
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