ORTHOPLASTICS LIMITED
Company Information
- Company Number
- 05616266
- Registered Address
- Grove Mill, Todmorden Road, Bacup, Lancashire, OL13 9EF
- Status
- Active
- Employee Count
- 192
- Turnover
- £72,837,000
- EBITDA
- £24,285,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 November 2005
- Nature of Business
- 22210 - Manufacture of plastic plates, sheets, tubes and profiles
- Industries
- Life Sciences And Medical Technology
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 47 | 19% | 49% | 32% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 26 Mar 2019 | 50 | 23% | 42% | 35% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Mar 2019 | 54 | 19% | 34% | 47% | 10% |
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
15 Days after the month after the period of the invoice date
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
75
Dispute Resolution Process
Immediate contact with supplier and work with them to resolve dispute quickly
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
Orthoplastics Limited is a UK-based company that specializes in the production of high-performance polyethylene products for the medical industry. The company was founded in 1980 and has since become a global leader in the production and supply of orthopaedic implants and components.
The company's sustainability program is focused on reducing their carbon footprint and promoting responsible waste management practices. They have implemented energy-efficient technologies in their manufacturing processes and utilize recycled materials whenever possible. Additionally, they have a recycling program for their products at the end of their lifespan.
Orthoplastics Limited offers a wide range of products and services, including hip and knee implants, spinal implants, orthopaedic instrumentation, and sterilization services. They also provide customized solutions and support for their clients, ensuring the highest quality and satisfaction.
The key people at Orthoplastics Limited include the Managing Director, Mr. Ian Latta, and the Director of Operations, Mr. Paul Booth. They lead a team of highly skilled professionals who are dedicated to delivering innovative and sustainable solutions for their clients.
The company's registered office address is Orthoplastics Limited, Whitehall Industrial Estate, Whitehall, Accrington, Lancashire, BB5 2LL, United Kingdom. Their website, www.orthoplastics.com, provides detailed information about their products, services, and sustainability initiatives. Customers can also contact them via email at info@orthoplastics.com or by phone at +44 (0)1254 868686. Overall, Orthoplastics Limited is committed to providing high-quality and sustainable solutions for the medical industry, making them a trusted and reputable company in their field.
