| 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 Aug 2025 - 31 Jan 2026 | 02 Mar 2026 | 37 | 70% | 18% | 12% | 30% |
| 01 Feb 2025 - 31 Jul 2025 | 29 Sept 2025 | 38 | 69% | 19% | 12% | 31% |
| 01 Aug 2024 - 31 Jan 2025 | 29 Sept 2025 | 35 | 69% | 19% | 12% | 31% |
| 01 Feb 2024 - 31 Jul 2024 | 06 Jan 2025 | 46 | 37% | 42% | 21% | 63% |
| 01 Aug 2023 - 31 Jan 2024 | 15 May 2024 | 46 | 66% | 19% | 15% | 34% |
| 01 Feb 2023 - 31 Jul 2023 | 03 Oct 2023 | 36 | 63% | 27% | 10% | 37% |
| 01 Aug 2022 - 31 Jan 2023 | 16 Mar 2023 | 40 | 53% | 28% | 19% | 47% |
| 01 Feb 2022 - 31 Jul 2022 | 19 Oct 2022 | 33 | 72% | 13% | 15% | 28% |
| 01 Aug 2021 - 31 Jan 2022 | 09 Mar 2022 | 36 | 52% | 36% | 12% | 47% |
| 01 Feb 2021 - 31 Jul 2021 | 25 Oct 2021 | 33 | 63% | 30% | 7% | 85% |
| 01 Aug 2020 - 31 Jan 2021 | 22 Mar 2021 | 48 | 48% | 38% | 14% | 100% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise stated in the Order, IVCC shall pay the Price of the Goods and the Services within thirty (30) days after the invoice date or, if later, after acceptance of the Goods or Services in question by IVCC.
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
30
Disputes regarding payment terms and conditions shall be resolved by the Procurement department directly. Matters shall then be escalated to the IVCC’s in-house Solicitor
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
IVCC, trading as the Innovative Vector Control Consortium, is a Product Development Partnership based at the Liverpool School of Tropical Medicine. It develops vector control tools that prevent insect-borne diseases such as malaria, working with industry, research institutes and global health partners since 2005. Its work covers insecticide-treated nets, indoor residual spraying, spatial emanators and outdoor biting control, aiming to counter insecticide resistance and changing mosquito behaviour. It supports research and development, testing new active ingredients and formulations, and helps bring new public health insecticides and tools to market. It is a registered charity operating alongside its company registration, funded by partners including agricultural and health organisations.
Generated from the company's website and Companies House records. Sources: ivcc.com · ivcc.com