CLINIGEN LIMITED

PaymentCheck Score 2024
54Fair
3.9vs last year
#4134 in UK
#42 in Life Sciences And Medical Technology
#232 in West Midlands

Company Information

Company Number
06771928
Registered Address
Pitcairn House Crown Square, Centrum 100, Burton On Trent, Staffordshire, DE14 2WW
Status
Active
Employee Count
93
Turnover
£3,500,000
EBITDA
-£14,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 December 2008
Nature of Business
70100 - Activities of head offices
Industries
Life Sciences And Medical Technology,Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
38 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
54%
31-60 Days
36%
After 60 Days
10%
Not Paid Within Terms56%

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 20254447%39%14%60%
01 Jul 2023 - 31 Dec 202314 Feb 20244239%45%16%67%
01 Jan 2023 - 30 Jun 202302 Aug 20234039%49%13%71%
01 Jan 2022 - 30 Jun 202203 Aug 20224928%48%24%78%
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 60 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

60

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 LIMITED is a UK-based global pharmaceutical and services company that specializes in providing access to medicines and clinical trial services. The company was founded in 2010 and is headquartered in Burton-on-Trent, UK.

The company's main focus is providing access to critical medicines for patients in need, particularly in the areas of oncology, immunology, and rare diseases. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact and promote social responsibility.

One of their key sustainability programs is their "Green Agenda" which aims to reduce their carbon footprint and promote sustainable practices throughout their operations. They have also implemented a waste management system to reduce waste and increase recycling.

CLINIGEN LIMITED offers a range of products and services including unlicensed medicines, clinical trial supply management, and support for pharmaceutical companies seeking regulatory approval for their products. These products and services are essential for patients who may not have access to licensed medicines or who are participating in clinical trials.

The company's key people include CEO Shaun Chilton and Chairman Peter George, who both have extensive experience in the pharmaceutical industry. They lead a team of over 1,500 employees across their global operations.

For more information on CLINIGEN LIMITED and their products and services, you can visit their website at www.clinigengroup.com. Their registered office address is Pitcairn House, Crown Square, First Avenue, Burton-on-Trent, Staffordshire, DE14 2WW, UK.

Financial Metrics

Cash
£107,700,000
Net Worth
-£216,300,000
Total Current Assets
£307,200,000
Total Current Liabilities
£530,300,000

Company Location