PATHEON UK LIMITED
Company Information
- Company Number
- 03764421
- Registered Address
- Kingfisher Drive, Swindon, Wiltshire, SN3 5BZ
- Status
- Active
- Employee Count
- 669.0
- Turnover
- 846373000.0
- EBITDA
- 249206000.0
Additional Details
- Website
- https://patheon.com
- Company Type
- Private limited Company
- Incorporated On
- 29 April 1999
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products$21200 - Manufacture of pharmaceutical preparations$71200 - Technical testing and analysis$82990 - Other business support service activities not elsewhere classified
- Industries
- Life Sciences And Medical Technology
- Region
- South West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 42 | 46% | 39% | 15% | 43% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 43 | 41% | 47% | 12% | 40% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 44 | 46% | 41% | 13% | 42% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 43 | 42% | 44% | 14% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 44 | 35% | 49% | 16% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 37 | 54% | 38% | 8% | 55% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 42 | 48% | 43% | 9% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 44 | 35% | 50% | 15% | 57% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 39 | 47% | 38% | 15% | 72% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 40 | 45% | 42% | 13% | 73% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 35 | 60% | 33% | 7% | 80% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 37 | 52% | 36% | 12% | 67% |
Company Summary
PATHEON UK LIMITED is a leading pharmaceutical company that specializes in the development, manufacture, and distribution of high-quality medicines
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility
Their sustainability program focuses on minimizing waste, conserving resources, and reducing their carbon footprint
They have implemented energy-efficient practices, such as using renewable energy sources and optimizing their production processes
Additionally, they have a robust recycling program and encourage their employees to participate in community service projects
PATHEON UK LIMITED offers a wide range of products and services, including contract development and manufacturing, formulation development, and analytical testing
They work with various industries, including pharmaceutical, biotechnology, and consumer health
The key people at PATHEON UK LIMITED include their CEO, Michel Lagarde, and their Managing Director, Rob Wilson
They have a team of experienced professionals who are dedicated to delivering high-quality products and services to their clients
To learn more about their products and services, you can visit their website at https://www.patheon.com/
Their registered office address is at 210 Bath Road, Slough, Berkshire, SL1 3XE, United Kingdom
You can also contact them through their email address, info.uk@patheon.com, or by phone at +44 (0) 1753 512 000
Company Review
Trend Analysis
The average time taken for PATHEON UK LIMITED to pay invoices has fluctuated over the past three periods, but has generally increased from 2018 to 2023. In 2018, the average time was 37 days, which increased to 40 days in 2019. It then decreased to 39 days in 2020, before increasing again to 44 days in 2021 and 2022. In 2023, it remained at 43 days.
Volatility Analysis
The volatility of PATHEON UK LIMITED's invoice payment time has also fluctuated over the past three periods. In 2018, the percentage of invoices paid within 30 days was 52%, which decreased to 45% in 2019. It then increased to 47% in 2020, before decreasing again to 35% in 2021. In 2022 and 2023, it remained at 46% and 41% respectively.
Summary Analysis
In the past three periods, PATHEON UK LIMITED has generally taken longer to pay invoices, with the average time increasing from 37 days in 2018 to 43 days in 2023. However, there have been improvements in the percentage of invoices paid within 30 days, increasing from 52% in 2018 to 54% in 2021. The percentage of invoices paid between 31 and 60 days has also improved, increasing from 36% in 2018 to 38% in 2021. However, the percentage of invoices paid later than 60 days has remained high, at 12% in 2018 and 2023. The company's shortest (or only) standard payment period has remained at 14 days throughout all periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard contractual terms are 90 days. However the type of goods or services and vendor requirements are taken into consideration when negotiating contracts and the agreed terms are clearly indicated on the purchase order.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
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.
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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
