INVIBIO LIMITED

PaymentCheck Score 2025
67Fair
11.1vs last year
#2639 in UK
#22 in Life Sciences And Medical Technology
#171 in North West

Company Information

Company Number
04088050
Registered Address
Victrex Technology Centre Hillhouse International, Thornton, Cleveleys, Lancashire, FY5 4QD
Status
Active
Employee Count
19
Turnover
£58,619,000
EBITDA
£44,685,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 October 2000
Nature of Business
20160 - Manufacture of plastics in primary forms
Industries
Life Sciences And Medical Technology
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
74%
31-60 Days
21%
After 60 Days
4%
Not Paid Within Terms26%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253660%27%13%38%
01 Oct 2023 - 31 Mar 202429 Apr 20242871%27%2%26%
01 Apr 2023 - 30 Sept 202327 Oct 20232480%16%4%18%
01 Oct 2022 - 31 Mar 202328 Apr 20232673%20%6%26%
01 Apr 2022 - 30 Sept 202228 Oct 20222474%21%5%25%
01 Apr 2021 - 30 Sept 202127 Oct 20212482%13%5%16%
01 Oct 2020 - 31 Mar 202130 Apr 20212287%10%3%12%
01 Apr 2019 - 30 Sept 201925 Oct 20192384%14%2%11%

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

Standard contractual terms for goods and services is 60 days from invoice date. For intercompany accounts the standard contractual terms is 60 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

60

Dispute Resolution Process

The main point of contact for disputes is the Victrex Shared Service team, based at Victrex Technology Centre, Thornton Cleveleys, UK. When an invoice is disputed, the supplier will be notified directly at the earliest opportunity by either a member of the Shared Service team, or by the person who raised the purchase order. To resolve a dispute, the supplier is required to provide any missing information, a corrected invoice or a credit note. As communicated to suppliers, Victrex’s Purchase Order number must be quoted on all invoices to be paid.

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

INVIBIO LIMITED is a leading company in the healthcare market, specializing in advanced biomaterials and medical devices. Founded in 1980, the company is based in Thornton Cleveleys, Lancashire, with a registered office at Hillhouse International, Hillhouse Technology Enterprise Zone.

The company is committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote responsible business practices. These include reducing waste and water usage, using renewable energy sources, and promoting recycling.

INVIBIO LIMITED's main product is PEEK-OPTIMA, a high-performance polymer used in medical implants and devices. This material is biocompatible, lightweight, and has excellent mechanical properties, making it suitable for use in a wide range of medical applications.

The company's sustainability efforts also extend to its products, with PEEK-OPTIMA being recyclable and produced using a sustainable manufacturing process. This not only benefits the environment but also contributes to the overall cost-effectiveness of the product.

INVIBIO LIMITED has a team of experienced and knowledgeable individuals leading the company, including CEO Professor Andrew Metcalfe, who has over 30 years of experience in the healthcare industry. The company also has a global network of distributors and partners, ensuring the availability of their products and services worldwide.

For more information on INVIBIO LIMITED and their sustainability program, products, and services, please visit their website at www.invibio.com. The company is dedicated to making a positive impact on the healthcare industry while also prioritizing the environment and sustainability.

Financial Metrics

Cash
£2,407,000
Net Worth
£65,685,000
Total Current Assets
£61,427,000
Total Current Liabilities
£2,658,000

Company Location