GILEAD SCIENCES EUROPE LTD.

PaymentCheck Score 2025
68Fair
3.0vs last year
#2614 in UK
#1057 in London

Company Information

Company Number
05510315
Registered Address
2 Roundwood Avenue, Stockley Park, Uxbridge, Middlesex, UB11 1AF
Status
Active
Employee Count
536
Turnover
£334,972,000
EBITDA
£85,593,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 July 2005
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
35 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
60%
31-60 Days
34%
After 60 Days
6%
Not Paid Within Terms39%

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: 2025-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202528 Jul 20253560%34%6%39%
01 Jul 2024 - 31 Dec 202430 Jan 20253150%47%3%50%
01 Jan 2024 - 30 Jun 202426 Jul 20243271%24%5%34%
01 Jul 2023 - 31 Dec 202330 Jan 20243273%20%7%32%
01 Jul 2022 - 31 Dec 202217 Jan 20232885%11%4%22%
01 Jul 2021 - 31 Dec 202121 Jan 20223379%14%7%37%
01 Jan 2020 - 30 Jun 202027 Jul 20203168%24%8%30%
01 Jan 2019 - 30 Jun 201922 Jul 20192683%13%4%17%
01 Jul 2018 - 31 Dec 201828 Jan 20192586%10%4%14%
01 Jan 2018 - 30 Jun 201830 Jul 20182773%22%5%27%

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

Payment made on undisputed amounts 30-45 Days after receipt of the invoice. Once an invoice is approved it is sent for payment in the next available weekly payment run.

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

Payment terms were changed in H1 2025 to be 45 days as standard for new suppliers with existing suppliers remaining on existing terms (mostly 30 days).

Any other information about payment terms

Gilead reserves the right to withhold payment of any invoice or part of an invoice to the extent that the services/goods provided are not in accordance with the agreement entered into. We also reserve the right to set off any liability of supplier to Gilead against any liability of Gilead to supplier.

Maximum contractual payment period agreed

45

Dispute Resolution Process

Each engagement with a supplier will be managed by a Gilead business owner. Should a dispute arise in relation to payment for such engagement, it will be discussed by the supplier and the relevant Gilead business owner as soon as possible and escalated internally with a view to reaching resolution.

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

Gilead Sciences Europe Ltd. is a biopharmaceutical company that focuses on developing innovative treatments for life-threatening diseases. They operate in over 35 countries across Europe, Middle East, and Africa.

Sustainability is a key focus for Gilead Sciences Europe Ltd. They are committed to reducing their environmental impact and promoting sustainable practices throughout their operations. They have implemented various initiatives such as reducing carbon emissions, promoting energy efficiency, and reducing waste.

The company's products and services include treatments for HIV, viral hepatitis, and other serious medical conditions. They have a wide portfolio of medicines that are approved for use in Europe, and they continue to invest in research and development to bring new treatments to patients.

The key people at Gilead Sciences Europe Ltd. include their President, Christina M. Trinchieri, and their Executive Vice President and Chief Financial Officer, Andrew Dickinson. They are supported by a team of experienced leaders in the biopharmaceutical industry.

Customers and stakeholders can contact Gilead Sciences Europe Ltd. through their website, which provides detailed information about their products, clinical trials, and corporate responsibility efforts. Their registered office address is located in Cambridge, United Kingdom.

In conclusion, Gilead Sciences Europe Ltd. is a leading biopharmaceutical company with a strong focus on sustainability and developing life-saving treatments. Their commitment to innovation and responsible business practices make them a trusted partner in the healthcare industry.

Financial Metrics

Cash
£129,890,000
Net Worth
£157,485,000
Total Current Assets
£244,118,000
Total Current Liabilities
£95,353,000

Company Location