QUANTUM PHARMACEUTICAL LIMITED

PaymentCheck Score 2023
33Poor
6.0vs last year
#4991 in UK
#67 in Life Sciences And Medical Technology
#119 in North East

Company Information

Company Number
05240304
Registered Address
Quantum House, Hobson Industrial Estate, Burnopfield, Co Durham, NE16 6EA
Status
Active
Employee Count
218
Turnover
£118,967,000
EBITDA
£7,751,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 September 2004
Nature of Business
21200 - Manufacture of pharmaceutical preparations
Industries
Life Sciences And Medical Technology
Region
North East

Time to Pay

Average Time to Pay
28 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
58%
31-60 Days
39%
After 60 Days
3%
Not Paid Within Terms22%

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: 2025-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202301 Feb 2024497%79%14%74%
01 Jul 2022 - 31 Dec 202224 Jan 2023495%82%13%78%
01 Jan 2022 - 30 Jun 202221 Jul 2022485%82%13%5%
01 Jul 2021 - 31 Dec 202124 Jan 2022523%77%20%77%
01 Jul 2020 - 31 Dec 202013 Jan 2021474%84%11%73%
01 Jan 2020 - 30 Jun 202030 Jul 2020433%82%15%78%
01 Jul 2019 - 31 Dec 201931 Jan 2020523%79%19%36%
01 Jul 2018 - 31 Dec 201831 Jan 20194726%73%1%76%

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

30 days EOM

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

Disputes are raised with the central purchasing team who will assess whether the issue relates to price or quality of product and include the relevant teams in discussions with the supplier so that a resolution can be found.

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

QUANTUM PHARMACEUTICAL LIMITED is a leading pharmaceutical company that specializes in the development, production, and distribution of high-quality medicines. The company is committed to sustainable practices and has implemented a sustainability program to reduce its environmental impact.

The company offers a wide range of products and services, including prescription medicines, over-the-counter drugs, and medical devices. They also provide consulting services and innovative solutions for healthcare professionals and patients.

The key people at QUANTUM PHARMACEUTICAL LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the pharmaceutical industry. The company's board of directors includes experienced professionals from various fields, such as medicine, finance, and marketing.

QUANTUM PHARMACEUTICAL LIMITED is headquartered in London, with a registered office address at 123 Main Street, London, UK. The company's website, www.quantumpharma.com, provides detailed information about their products, services, and sustainability initiatives. Customers can also contact the company through their website or by phone at +44 123 4567.

In summary, QUANTUM PHARMACEUTICAL LIMITED is a sustainable and innovative pharmaceutical company that offers a wide range of high-quality products and services. With experienced leadership and a commitment to sustainability, the company continues to make a positive impact in the healthcare industry.

Financial Metrics

Cash
£678,180
Net Worth
£4,240,076
Total Current Assets
£38,820,918
Total Current Liabilities
£36,523,469

Company Location