AUTOLUS LIMITED
Company Information
- Company Number
- 09115837
- Registered Address
- The Mediaworks, 191 Wood Lane, London, England, W12 7FP
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 July 2014
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products46460 - Wholesale of pharmaceutical goods
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
AUTOLUS LIMITED's average payment time is 45 days, with 56% paid within 30 days. However, a significant 44% of payments are late, including 19% extending beyond 60 days, indicating a consistent challenge with a notable portion of invoices experiencing delays. This pushes the overall payment speed into a moderately slow trajectory.
Volatility Analysis
The wide distribution of payment times, with payments ranging from within 30 days to over 60 days, indicates low payment predictability and reliability. With 44% of payments being late, suppliers face a significant risk of inconsistent cash flow. This variability suggests that timely payment cannot be reliably assumed for a substantial portion of transactions.
Summary Analysis
Suppliers should approach AUTOLUS LIMITED with caution due to the extended average payment time and high late payment rate. Key decision factors include the supplier's cash flow sensitivity and ability to manage longer payment cycles. Mitigations could involve negotiating stricter payment terms, requesting deposits for larger orders, or utilizing credit insurance to manage the elevated risk.
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 Jan 2023 - 31 Dec 2023 | 05 Jun 2024 | 45 | 56% | 25% | 19% | 44% |
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
Qualifying contracts for this entity contain a number of different payment periods: Immediate 7 days 15 days 30 days 45 days 60 days Payments are made from date of receipt of invoice.
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
60
Dispute Resolution Process
Suppliers must reach out to our dedicated AP inbox to raise a dispute, or they can go directly to their contact within Autolus. Disputes are usually brought about due to pricing or quantity issues not reflecting what is on the PO, and so the business would usually work with the supplier to remedy.
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.
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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?
❌
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
AUTOLUS LIMITED operates as an active private limited company, a common business structure within the United Kingdom designed for commercial undertakings.
The company was incorporated on 3 July 2014, identified by company number 09115837. Its registered office is situated at The Mediaworks, 191 Wood Lane, London, England, W12 7FP, with its location recorded as 'Other'.
Private limited companies in the UK are established to provide a diverse range of products and services, adapting their offerings to specific industry sectors. These typically include, but are not limited to, professional consultancy, technology development, manufacturing, and retail operations.
