IVCC
Company Information
- Company Number
- 06719882
- Registered Address
- Liverpool School Of Tropical Medicine, Pembroke Place, Liverpool, Merseyside, L3 5QA
- Status
- Active
- Employee Count
- 24
- Turnover
- £33,436,000
- EBITDA
- £1,214,000
Additional Details
- Website
- https://ivcc.com/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 9 October 2008
- Nature of Business
- 72110 - Research and experimental development on biotechnology72190 - Other research and experimental development on natural sciences and engineering
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Feb 2024 - 31 Jul 2024 | 06 Jan 2025 | 46 | 37% | 42% | 21% | 63% |
| 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% |
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
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
Dispute Resolution Process
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.
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.
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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.
❌
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
IVCC (Innovative Vector Control Consortium) is a UK-based non-profit organization that focuses on developing and delivering new vector control tools to protect people from diseases such as malaria, dengue, and Zika. The organization was established in 2005 with funding from the Bill and Melinda Gates Foundation and the UK government.
IVCC's main goal is to find innovative solutions for vector control, which involves controlling the insects that spread these diseases. They work closely with partners and stakeholders to develop and test new insecticides, insecticide-treated bed nets, and other vector control tools.
One of IVCC's key initiatives is their sustainability program, which aims to ensure that their products and services have a long-term impact on reducing vector-borne diseases. This includes working with local communities, governments, and other organizations to ensure that their tools are accessible, effective, and sustainable.
Some of IVCC's key products and services include the development of new insecticides and insecticide resistance management strategies, the evaluation of existing vector control tools, and the establishment of quality assurance and monitoring systems for vector control products.
The organization is led by a team of experts in vector control, public health, and international development. Some key people involved in IVCC include Dr. Nick Hamon (CEO), Dr. Martin Donnelly (Director of Science), and Dr. Chris Horne (Director of Operations).
For more information on IVCC and their work, you can visit their website at www.ivcc.com. Their registered office address is at Oxford Centre for Innovation, New Road, Oxford, OX1 1BY, UK. They can also be contacted via email at info@ivcc.com or by phone at +44 (0)1865 261 450.
