HOLOGIC IP LTD

PaymentCheck Score 2021
60Fair
16.4vs last year
#3723 in UK
#281 in North West

Company Information

Company Number
09484129
Registered Address
Heron House Oaks Business Park Crewe Road, Wythenshawe, Manchester, M23 9HZ
Status
Active
Employee Count
4
Turnover
Coming Soon
EBITDA
£10,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 March 2015
Nature of Business
77400 - Leasing of intellectual property and similar products, except copyright works
Industries
Professional Services
Region
North West

Time to Pay

Average Time to Pay
20 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
71%
31-60 Days
16%
After 60 Days
13%
Not Paid Within Terms71%

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: 2022-11-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
27 Sept 2020 - 27 Mar 202104 Aug 20212050%7%43%71%
01 Apr 2020 - 26 Sept 202023 Jul 20211866%30%4%58%
01 Oct 2019 - 28 Mar 202023 Jul 20211879%11%10%41%
01 Oct 2018 - 30 Sept 201916 Oct 20191870%18%12%73%
01 Apr 2018 - 29 Sept 201831 Oct 20182182%9%9%71%

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 Direct services net 45 Indirect services net 60 Transport & logistics net 30

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

Requestor of goods/services will raise dispute directly with vendor and notify accounts payable to put invoice on hold. AP will chase for updates on a weekly basis and escalate to department head if not resolved in 4 weeks

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

HOLOGIC IP LTD is a UK-based company that specializes in providing innovative medical technologies and products for women’s health. The company is committed to promoting sustainability through their operations and products, as well as supporting various social and environmental initiatives.

Their sustainability program includes efforts to reduce their carbon footprint, conserve resources, and promote ethical and responsible business practices. They also have a strong focus on diversity and inclusion, both in their workforce and in their partnerships with suppliers.

HOLOGIC IP LTD offers a wide range of products and services in the areas of breast and skeletal health, gynecological health, and surgical solutions. Their products include advanced imaging systems, minimally invasive diagnostic and treatment devices, and software solutions for healthcare professionals.

The key people at HOLOGIC IP LTD include the CEO, Stephen P. MacMillan, and other senior executives who have extensive experience in the medical technology industry. They lead a team of dedicated professionals who are committed to providing high-quality and innovative solutions for women’s health.

For more information on their products and services, as well as their sustainability efforts, interested individuals can visit their website at www.hologic.co.uk. The registered office address for HOLOGIC IP LTD is 4th Floor, Building 4, The Heights, Brooklands, Weybridge, Surrey, KT13 0NY, United Kingdom. With their commitment to sustainability and innovative healthcare solutions, HOLOGIC IP LTD continues to make a positive impact in the field of women’s health.

Financial Metrics

Cash
£0
Net Worth
£905,933,580
Total Current Assets
£72,171,367
Total Current Liabilities
£79,349,774

Company Location