CLINIGEN HEALTHCARE LIMITED

PaymentCheck Score 2024
50Fair
1.2vs last year
#4319 in UK
#83 in Life Sciences And Medical Technology
#243 in West Midlands

Company Information

Company Number
06252720
Registered Address
Pitcairn House Crown Square, Centrum 100, Burton On Trent, Staffordshire, DE14 2WW
Status
Active
Employee Count
309
Turnover
£144,904,000
EBITDA
£23,925,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 May 2007
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Life Sciences And Medical Technology
Region
West Midlands

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:150 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
41%
31-60 Days
46%
After 60 Days
13%
Not Paid Within Terms63%

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: 2024-08-01
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 202430 Jan 20254640%49%11%62%
01 Jul 2023 - 31 Dec 202314 Feb 20244042%49%9%66%
01 Jan 2023 - 30 Jun 202302 Aug 20234038%49%13%70%
01 Jan 2022 - 30 Jun 202203 Aug 20224925%59%17%79%
01 Jan 2021 - 30 Jun 202130 Jul 20213940%49%12%68%
01 Jun 2019 - 31 Dec 201931 Jan 20204235%49%16%75%
01 Jan 2018 - 30 Jun 201827 Jul 20183636%59%5%33%

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

Standard payment terms are agreed with suppliers when they are set up on our systems before the first contract is entered into. The most commonly used payment terms are 30 days and the maximum is 150 days.

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

150

Dispute Resolution Process

Disputes are raised with the central accounts payable 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

Clinigen Healthcare Limited is a global pharmaceuticals and services company that specializes in the supply and distribution of critical medicines and services to hospitals, clinics, and patients worldwide. The company is committed to sustainability and has implemented a comprehensive sustainability program to minimize its environmental impact and promote social responsibility.

The company offers a wide range of products and services, including licensed and unlicensed medicines, clinical trial supply services, and on-demand medicines for rare and life-threatening conditions. They also provide access to medicines for patients who have exhausted all other treatment options through their Managed Access Programs.

The key people at Clinigen Healthcare Limited include CEO Shaun Chilton, CFO Martin Abell, and COO Roger Stott, who collectively bring decades of experience in the pharmaceutical industry. The company has a team of over 1,500 employees across its offices in the UK, US, and other countries.

To support its global operations, Clinigen Healthcare Limited has a comprehensive website (www.clinigen.com) that provides information about its products, services, and sustainability initiatives. The registered office address of the company is Clinigen Group plc, Pitcairn House, Crown Square, First Avenue, Burton-on-Trent, Staffordshire, DE14 2WW, UK.

In summary, Clinigen Healthcare Limited is a leading pharmaceuticals and services company with a strong focus on sustainability. Its wide range of products and services, dedicated team of experienced professionals, and commitment to social responsibility make it a trusted partner for healthcare providers and patients worldwide.

Financial Metrics

Cash
£53,963,000
Net Worth
£213,670,000
Total Current Assets
£474,597,000
Total Current Liabilities
£296,271,000

Company Location