LIFE TECHNOLOGIES BPD UK LIMITED
Company Information
- Company Number
- 03721319
- Registered Address
- 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT
- Status
- Active
- Employee Count
- 425
- Turnover
- £278,252,000
- EBITDA
- £52,802,000
Additional Details
- Website
- https://refurbthat.com
- Company Type
- Private limited Company
- Incorporated On
- 25 February 1999
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products
- Industries
- Life Sciences And Medical Technology
- Region
- North West
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 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 Oct 2022 - 31 Dec 2022 | 01 Feb 2023 | 44 | 38% | 53% | 9% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 39 | 45% | 49% | 6% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 41 | 43% | 50% | 7% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 41 | 43% | 50% | 7% | 15% |
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
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
90 days is the maximum contractual payment period - no changes to std payment terms were made in the reporting period. We have two customers on 90 day terms which was a corporate agreement with the supplier
Maximum contractual payment period agreed
90
Dispute Resolution Process
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.
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
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.
