THE FRANCIS CRICK INSTITUTE LIMITED

PaymentCheck Score 2025
94Excellent
0.5vs last year
#580 in UK
#278 in London

Company Information

Company Number
06885462
Registered Address
1 Midland Road, London, NW1 1AT
Status
Active
Employee Count
1,659
Turnover
£246,171,000
EBITDA
£35,821,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 April 2009
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Life Sciences And Medical Technology
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms5%

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: 2025-04-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20252597%2%1%1%
01 Oct 2024 - 31 Mar 202508 Apr 20252695%3%2%5%
01 Oct 2023 - 31 Mar 202424 Apr 20242497%2%1%4%
01 Apr 2023 - 30 Sept 202330 Oct 20233092%4%4%6%
01 Apr 2022 - 30 Sept 202220 Oct 20222692%4%4%8%
01 Apr 2021 - 30 Sept 202128 Oct 20212983%10%7%30%
01 Oct 2020 - 31 Mar 202129 Apr 20212080%14%5%14%
01 Apr 2019 - 30 Sept 201923 Oct 20192976%14%10%14%
01 Apr 2018 - 30 Sept 201829 Oct 20182979%14%7%12%

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

The standard payment terms for the company is 30 days.

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

All day to day queries should in the first instance be sent to finance@crick.ac.uk. Further escalation of queries should be addressed to the Accounts Payable Manager and then to the Group Finance Director, both at the aforementioned email address.

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

The Francis Crick Institute Limited is a biomedical research institute located in London, England. It was founded in 2015 and is named after the British scientist Francis Crick, one of the co-discoverers of the structure of DNA.

The main focus of the institute is to understand the fundamental biology underlying health and disease. Their research covers a wide range of areas including cancer, neuroscience, and infectious diseases.

The institute has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have installed energy-efficient systems and appliances, use sustainable materials in their laboratories, and promote sustainable practices among their staff.

The Francis Crick Institute Limited offers a range of products and services, including access to state-of-the-art research facilities, collaborations with industry partners, and training programs for scientists and researchers. They also provide education and outreach programs to engage the public in their research and promote scientific literacy.

The key people involved in the institute include its director, Sir Paul Nurse, a Nobel Prize-winning geneticist, and its chairman, Sir Keith Peters, a renowned immunologist.

The contact information for the institute includes their website address, www.crick.ac.uk, and their registered office address: The Francis Crick Institute, 1 Midland Road, London NW1 1AT, United Kingdom.

Financial Metrics

Cash
£11,640,000
Net Worth
£567,837,000
Total Current Assets
£68,445,000
Total Current Liabilities
£69,447,000

Company Location