BIOCOMPATIBLES UK LIMITED

PaymentCheck Score 2024
81Good
2.7vs last year
#1950 in UK
#307 in South East

Company Information

Company Number
04305025
Registered Address
Chapman House, Farnham Business Park, Weydon Lane Farnham, Surrey, GU9 8QL
Status
Active
Employee Count
96
Turnover
£17,079,000
EBITDA
£1,360,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 October 2001
Nature of Business
32990 - Other manufacturing not elsewhere classified
72190 - Other research and experimental development on natural sciences and engineering
Industries
Life Sciences And Medical Technology
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:10 days
Longest Period:90 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
74%
31-60 Days
21%
After 60 Days
5%
Not Paid Within Terms30%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20252379%19%2%25%
01 Jan 2024 - 30 Jun 202430 Jul 20242574%21%5%30%
01 Jul 2023 - 31 Dec 202325 Jan 20242673%23%4%33%
01 Jan 2023 - 30 Jun 202327 Jul 20232573%22%5%28%
01 Jan 2021 - 30 Jun 202104 Aug 20212972%22%6%24%
01 Jul 2020 - 31 Dec 202011 Feb 20213266%26%8%32%
01 Jan 2020 - 30 Jun 202015 Sept 20203268%23%9%34%
01 Oct 2019 - 31 Dec 201928 Jan 20203268%26%7%33%
01 Apr 2019 - 30 Sept 201929 Oct 20193368%24%9%38%
01 Apr 2018 - 30 Sept 201829 Oct 20183466%24%10%44%

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

Net30

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

45

Dispute Resolution Process

Invoices are logged to track issues & disputes Reviewed monthly and escalated to the business to resolve accordingly

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

BIOCOMPATIBLES UK LIMITED is a leading company in the field of medical technology, specializing in the development and manufacturing of innovative medical devices. The company was founded in 1985 and is based in Farnham, Surrey.

BIOCOMPATIBLES UK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works towards reducing waste, conserving energy, and promoting eco-friendly practices throughout their operations.

The company's main products include drug-eluting stents, which are used in the treatment of coronary artery disease. These stents are designed to slowly release medication into the affected area, promoting healing and reducing the risk of further complications. They also offer a range of other medical devices such as embolization coils and vascular plugs.

BIOCOMPATIBLES UK LIMITED is led by a team of experienced professionals, including CEO Richard Tillyer and CFO Andrew Sizer. They are committed to driving the company's growth and success while maintaining a strong focus on sustainability.

For more information on BIOCOMPATIBLES UK LIMITED and their products and services, interested individuals can visit their website at www.biocompatibles.co.uk. The registered office address is at Chapman House, Farnham Business Park, Farnham, Surrey, GU9 8QL.

Financial Metrics

Cash
£3,255,000
Net Worth
£56,025,000
Total Current Assets
£168,383,000
Total Current Liabilities
£116,766,000

Company Location