IPSEN LIMITED

PaymentCheck Score 2025
74Fair
#2184 in UK
#15 in Life Sciences And Medical Technology
#926 in London

Company Information

Company Number
06751069
Registered Address
5th Floor The Point, 37 North Wharf Road, London, United Kingdom, W2 1AF
Status
Active
Employee Count
101
Turnover
£107,867,000
EBITDA
£2,894,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 November 2008
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Life Sciences And Medical Technology
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
80%
31-60 Days
18%
After 60 Days
2%
Not Paid Within Terms16%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253062%35%3%24%
01 Jul 2023 - 31 Dec 202330 Jan 20242481%19%1%22%
01 Jan 2023 - 30 Jun 202331 Jul 20232579%16%5%26%
01 Jul 2022 - 31 Dec 202225 Jan 20232776%21%3%26%
01 Jan 2022 - 30 Jun 202221 Jul 20222776%17%7%24%
01 Jul 2021 - 31 Dec 202125 Jan 20222678%19%3%17%
01 Jan 2021 - 30 Jun 202129 Jul 20212779%17%4%21%
01 Jul 2019 - 31 Dec 201928 Jan 20202481%12%7%23%
01 Jan 2019 - 30 Jun 201926 Jul 20193067%26%6%25%
01 Jul 2018 - 31 Dec 201825 Jan 20193065%30%5%35%

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: 30 days from the invoices date for third party vendors 45days end of the month for intercompany transactions

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

90

Dispute Resolution Process

In case of any discrepancy between goods received and invoice receipt - person who made an order is responsible for contacting the vendor and understand the difference There is a generic email address and direct phone number available for all vendors where all payment related questions can be routed Terms and conditions are attached to the copy of the Purchase Order that is sent to vendors

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

IPSEN LIMITED is a global biopharmaceutical company that specializes in developing and manufacturing innovative medicines for patients with serious and rare diseases. The company was founded in 1929 and is headquartered in Paris, France, with a registered office in Slough, UK.

The company's sustainability program is focused on four key areas: access to healthcare, environmental responsibility, ethical business practices, and employee well-being. IPSEN is dedicated to providing affordable and sustainable access to its medicines for patients worldwide, while also minimizing its environmental impact through responsible manufacturing and waste management practices. The company also upholds strict ethical standards in its business operations and prioritizes the well-being and development of its employees.

IPSEN's products and services cover a wide range of therapeutic areas, including oncology, neuroscience, and rare diseases. The company's portfolio includes treatments for conditions such as pancreatic cancer, neuroendocrine tumors, and spasticity. IPSEN also offers support services for patients and healthcare professionals, such as disease education and financial assistance programs.

The key people at IPSEN LIMITED include CEO David Loew, who has been in the role since 2019 and has over 25 years of experience in the pharmaceutical industry. Other key executives and members of the board of directors bring a wealth of expertise from various backgrounds, including research and development, finance, and marketing.

For more information on IPSEN and its products and services, visit their website at www.ipsen.com. The company's registered office address in the UK is 190 Bath Road, Slough, Berkshire, SL1 3XE.

Financial Metrics

Cash
£0
Net Worth
£19,582,000
Total Current Assets
£50,399,000
Total Current Liabilities
£31,084,000

Company Location