VIATRIS UK HEALTHCARE LIMITED

PaymentCheck Score 2025
48Poor
1.1vs last year
#3746 in UK
#73 in Life Sciences And Medical Technology
#257 in East of England

Company Information

Company Number
09189103
Registered Address
20 Station Close, Potters Bar, England, EN6 1TL
Status
Active
Employee Count
191
Turnover
£268,817,000
EBITDA
£6,020,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 August 2014
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Life Sciences And Medical Technology
Region
East of England

Time to Pay

Average Time to Pay
40 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
35%
31-60 Days
54%
After 60 Days
11%
Not Paid Within Terms65%

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: 2024-07-29
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 202529 Jul 20255044%28%28%63%
01 Jul 2024 - 31 Dec 202430 Jan 20254832%51%17%68%
01 Jan 2024 - 30 Jun 202429 Jul 20244035%54%11%65%
01 Jul 2023 - 31 Dec 202331 Jan 20246740%44%16%67%
01 Jan 2023 - 30 Jun 202308 Aug 20235040%37%22%65%
01 Jul 2022 - 31 Dec 202209 Feb 20234351%30%18%61%
01 Jul 2021 - 31 Dec 202120 May 20223845%42%12%55%
01 Jan 2021 - 30 Jun 202120 May 20223845%42%13%62%
01 Jul 2020 - 31 Dec 202020 May 20223563%32%4%32%
01 Jan 2020 - 30 Jun 202020 May 20223949%37%12%52%
01 Jul 2019 - 31 Dec 201920 May 20223457%31%10%60%
01 Jan 2019 - 30 Jun 201908 Oct 20192975%19%5%65%
01 Jul 2018 - 31 Dec 201813 Mar 20192871%23%7%63%

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

Viatris UK Healthcare is the commercial trading entity o f the Viatris group in the UK and our standard payment terms state that payment of third party invoices will be made within 60 days from the last day of the month in which the invoice is issued, unless otherwise agreed in writing by a duly authorised representative.

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

In line with Viatris' core values, we endeavour to resolve all disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with a supplier and are generally managed by the dedicated accounts payable team who can be reached via email and telephone. Where the accounts payable team are not able to resolve the dispute, they will reach out to the buyer as identified from the invoice or purchasing system, in order to aid resolution.

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

VIATRIS UK HEALTHCARE LIMITED is a pharmaceutical company based in the United Kingdom that focuses on providing high-quality and sustainable healthcare products and services. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact and promote ethical practices.

Their sustainability program includes reducing carbon emissions, minimizing waste, and sourcing ethical and sustainable raw materials. They also support various community and charitable initiatives, including providing access to healthcare for underserved populations.

The company offers a wide range of products and services, including prescription medicines, over-the-counter medicines, and medical devices. They have a diverse portfolio that covers various therapeutic areas such as cardiovascular, respiratory, and pain management.

Key people in VIATRIS UK HEALTHCARE LIMITED include the managing director, who oversees the day-to-day operations, and the head of sustainability, who leads the company's sustainability efforts. They also have a team of dedicated professionals who are committed to delivering high-quality healthcare products and services to their customers.

For more information about VIATRIS UK HEALTHCARE LIMITED and their products and services, you can visit their website at www.viatris.com/uk. Their registered office address is Suite 100, 10th Floor, 12 East Passage, London, EC3M 1LH, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
£26,884,000
Total Current Assets
£151,830,000
Total Current Liabilities
£127,540,000

Company Location