ORCHID CELLMARK LTD

Company Information

Company Number
04045527
Registered Address
Abingdon Business Park, 16 Blacklands Way, Abingdon, Oxfordshire, OX14 1DY
Status
Active
Employee Count
542
Turnover
£33,104,000
EBITDA
-£6,261,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 July 2000
Nature of Business
71200 - Technical testing and analysis
Industries
Life Sciences And Medical Technology
Region
South East

Time to Pay

Average Time to Pay
36 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
34%
31-60 Days
62%
After 60 Days
4%
Not Paid Within Terms14%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-07-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201912 Jul 20193634%62%4%14%

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 business terms are to pay invoices on the last working day of the month after invoice. These terms are slightly different with selected suppliers where the terms have been negotiated for a shorter timeframe. Days can range from 30 to 60 depending on the date of the actual invoice. The % paid within 30 days as part of the report is from date of invoices not month end.

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 disputes are raised with the internal procurement team who contact the suppliers and work towards a resolution. They may be aided by relevant departments if the dispute is over contamination of products.

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

ORCHID CELLMARK LTD is a leading provider of forensic DNA testing and analysis services, with a strong commitment to sustainability. The company works with law enforcement agencies, legal professionals, and government bodies to provide accurate and reliable DNA testing for criminal investigations.

Their sustainability program focuses on reducing their carbon footprint, conserving natural resources, and promoting social responsibility. They have implemented various initiatives such as using renewable energy sources, reducing waste, and promoting eco-friendly practices within their operations.

ORCHID CELLMARK LTD offers a range of products and services related to DNA testing, including forensic DNA testing, paternity testing, and ancestry testing. They also provide training and consultancy services for professionals in the forensics and legal sectors.

Key people at ORCHID CELLMARK LTD include their CEO, Dr. Alex Bateman, and their Director of Forensic Services, Dr. Gillian Taroni. They have a team of highly qualified and experienced scientists and technicians who are dedicated to providing accurate and timely results.

To contact ORCHID CELLMARK LTD, individuals can visit their website at www.orchidcellmark.co.uk. Their registered office address is Orchard House, 8-10 St George's Street, Winchester, Hampshire SO23 8BW, United Kingdom.

Financial Metrics

Cash
£1,144,000
Net Worth
£5,821,000
Total Current Assets
£9,941,000
Total Current Liabilities
£4,209,000

Company Location