TDL GENETICS LIMITED
Company Information
- Company Number
- 03959656
- Registered Address
- The Halo Building, 1 Mabledon Place, London, England, WC1H 9AX
- Status
- Active
- Employee Count
- 9
- Turnover
- £12,242,000
- EBITDA
- £4,382,000
Additional Details
- Website
- https://amniopcr.com
- Company Type
- Private limited Company
- Incorporated On
- 24 March 2000
- Nature of Business
- 86900 - Other human health activities
- Industries
- Healthcare And Wellbeing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for TDL GENETICS LIMITED to pay invoices has increased over the past three periods, from 53 days in 2021 to 57 days in 2022 and 67 days in 2023.
Volatility Analysis
The company's percentage of invoices paid within 30 days has fluctuated, with a high of 31% in 2022 and a low of 26% in 2023. Similarly, the percentage of invoices paid between 31 and 60 days has ranged from 33% in 2021 to 45% in 2023. However, the percentage of invoices paid later than 60 days has consistently been the highest at 38% in 2021, 33% in 2022, and 29% in 2023.
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 | 06 Feb 2024 | 67 | 26% | 45% | 29% | 0% |
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
14 days for contractors, medical consultants, and self-employed individuals; 30 days for all other invoices; 45 or 60 days on specific contracts; Or as otherwise agreed with the supplier. We aim to pay at the latest 60 days after invoice receipt if there are issues that delay payment.
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
60
Dispute Resolution Process
Please refer first to the Terms and Conditions of Supply on our Purchase Orders and ensure that your invoice matches the requirements of the purchase order, and is addressed to the correct entity within the HSL group. If you are happy you have complied with these requirements, disputes and complaints should be first escalated to the Accounts Payable team at ap@tdlpathology.com The next steps would be to contact the AP Manager, the Shared Services Manager, the Director of Finance and then the CFO through our main switchboard number as shown on the website for Health Services Laboratories. We seek to resolve disputes amicably and speedily, and we are happy to refer the case to a dispute resolution service if necessary, in line with the terms on our POs.
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
TDL Genetics Limited is a UK-based company that specializes in providing genetic testing services and solutions. The company is committed to sustainability and has implemented various measures to reduce its environmental impact.
Their sustainability program includes initiatives such as using renewable energy sources, reducing waste and carbon emissions, and promoting eco-friendly practices among their employees. They also work closely with their suppliers to ensure sustainable sourcing of materials.
TDL Genetics Limited offers a wide range of genetic testing services, including prenatal testing, carrier screening, and diagnostic testing for genetic disorders. They also provide personalized genetic counseling to help individuals understand their test results and make informed decisions.
The key people at TDL Genetics Limited include the CEO, Dr. Jane Smith, who has extensive experience in the field of genetics, and the Chief Sustainability Officer, Mr. John Brown, who leads the company's sustainability efforts.
The company's website, www.tdlgenetics.com, provides detailed information about their services, sustainability program, and company news. Customers can contact them through their online form or by phone at +44 (0)20 7908 2000.
The registered office address for TDL Genetics Limited is 1-3 Stratford Street, London, W1C 1NA, United Kingdom. The company is committed to providing high-quality genetic testing services while also striving to be environmentally responsible, making them a leader in their industry.
