GLOBALDATA UK LTD
Company Information
- Company Number
- 05968121
- Registered Address
- John Carpenter House, John Carpenter Street, London, EC4Y 0AN
- Status
- Active
- Employee Count
- 933
- Turnover
- £135,636,000
- EBITDA
- £48,432,000
Additional Details
- Website
- https://pharmsource.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 October 2006
- Nature of Business
- 73200 - Market research and public opinion polling
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for GLOBALDATA UK LTD from 2019 to 2023 shows a gradual decrease in the average time taken to pay invoices, with a sharp decrease from 2020 to 2021. The percentage of invoices paid within 30 days has consistently increased over the years, while the percentage of invoices paid later than 60 days has consistently decreased. This suggests that the company is becoming more efficient in paying their invoices on time.
Volatility Analysis
The overall volatility for GLOBALDATA UK LTD is relatively low, with minor fluctuations in the percentages of invoices paid within 30 days and between 31 and 60 days. However, there is a significant decrease in the percentage of invoices paid later than 60 days from 2020 to 2021, indicating a major improvement in payment efficiency.
Summary Analysis
From the data provided, it can be seen that GLOBALDATA UK LTD has made significant improvements in their payment efficiency over the years. The average time taken to pay invoices has decreased from 50 days in 2019 to 35 days in 2023. The percentage of invoices paid within 30 days has consistently increased, reaching a high of 99% in 2021. On the other hand, the percentage of invoices paid later than 60 days has consistently decreased, with a low of 7% in 2021. Additionally, the company has a standard payment period of 30 days, which has remained unchanged throughout the years.
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 Jul 2024 - 31 Dec 2024 | 30 Jul 2025 | 29 | 78% | 15% | 7% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 20 Feb 2024 | 33 | 72% | 18% | 10% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 05 Sept 2023 | 35 | 70% | 19% | 11% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 36 | 68% | 22% | 10% | 32% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 38 | 66% | 17% | 17% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Feb 2022 | 38 | 63% | 20% | 17% | 37% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Sept 2021 | 23 | 99% | 1% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Mar 2021 | 35 | 70% | 23% | 7% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 18 Aug 2020 | 46 | 51% | 29% | 20% | 49% |
| 01 Jun 2019 - 31 Dec 2019 | 14 Feb 2020 | 50 | 50% | 28% | 22% | 50% |
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
It is the Group’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
na
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalate in the first instance to the relevant Head of Department to seek a 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.
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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.
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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
GLOBALDATA UK LTD is a leading market research and business intelligence company based in London, United Kingdom. The company provides a wide range of data and analysis services to clients in various industries, including healthcare, consumer goods, technology, and finance.
As a company, GLOBALDATA UK LTD is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting eco-friendly practices within the organization.
The company's products and services include market research reports, data analysis, industry forecasts, and consulting services. These offerings help businesses make informed decisions and stay ahead of their competition in the dynamic global marketplace.
Key people at GLOBALDATA UK LTD include the CEO and founder, Mike Danson, who has over 25 years of experience in the market research industry. The company also has a team of experienced analysts and consultants who provide in-depth insights and expertise to clients.
To contact GLOBALDATA UK LTD, individuals can visit their website at https://www.globaldata.com/ or email them at info@globaldata.com. The company's registered office address is located at John Carpenter House, John Carpenter Street, London, EC4Y 0AN, United Kingdom.
In summary, GLOBALDATA UK LTD is a sustainability-focused company that provides valuable market research and consulting services to businesses worldwide. With a team of experienced professionals and a commitment to environmental responsibility, the company continues to be a trusted partner for organizations looking to thrive in today's competitive market.
