GLOBAL LIFE SCIENCES SOLUTIONS MANUFACTURING UK LTD
Company Information
- Company Number
- 12063741
- Registered Address
- Amersham Place, Amersham Place, Little Chalfont, Buckinghamshire, England, HP7 9NA
- Status
- Active
- Employee Count
- 262
- Turnover
- £89,805,000
- EBITDA
- £8,369,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 June 2019
- Nature of Business
- 32500 - Manufacture of medical and dental instruments and supplies
- Industries
- Life Sciences And Medical Technology
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for GLOBAL LIFE SCIENCES SOLUTIONS MANUFACTURING UK LTD to pay invoices to suppliers has fluctuated over the past three periods, with a decrease in the most recent period compared to the previous two. However, there is no clear trend as the average time to pay has increased and decreased in a non-consistent pattern.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, with only a 3% difference between the highest (52%) and lowest (32%) values. However, there is greater volatility in the percentage of invoices paid between 31 and 60 days and later than 60 days, with a difference of 14% and 18% respectively between the highest and lowest values.
Summary Analysis
In the past three periods, GLOBAL LIFE SCIENCES SOLUTIONS MANUFACTURING UK LTD has shown a decrease in the average time taken to pay invoices, with a decrease of 16% in the most recent period compared to the starting period. There has also been an improvement in the percentage of invoices paid within 30 days, with an increase of 19% in the most recent period compared to the previous two. However, there has been a decrease in the percentage of invoices paid between 31 and 60 days and an increase in the percentage of invoices paid later than 60 days, indicating potential struggles with timely payments. The shortest (or only) standard payment period has remained consistent at 90 days throughout all periods.
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 2025 - 30 Jun 2025 | 23 Jul 2025 | 49 | 37% | 25% | 38% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 36 | 52% | 23% | 25% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 36 | 52% | 22% | 25% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 49 | 32% | 34% | 34% | 34% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 39 | 51% | 20% | 29% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 51 | 36% | 23% | 41% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 55 | 34% | 23% | 43% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 49 | 33% | 30% | 37% | 2% |
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
GLSS Man Ltd has a wide range of payment terms dependent on the contract with the supplier.
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
120
Dispute Resolution Process
Supplier can sign up to the portal https://cytivalifesciences.com/en/us/suppliers/supplier-collaboration-tool and can look at the status of its invoices. Disputes can also be raised via generic ticketing system where a case number is created to discuss the dispute with accounts payable and other people in the business where required.
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
GLOBAL LIFE SCIENCES SOLUTIONS MANUFACTURING UK LTD is a leading company in the life sciences industry, providing a wide range of products and services to support research, development, and manufacturing in the pharmaceutical, biotech, and medical device sectors.
Their sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices, reducing waste, and promoting sustainable sourcing. They also prioritize ethical and responsible business practices, including fair labor and human rights.
Their products and services include active pharmaceutical ingredients, biologics, drug delivery systems, and contract development and manufacturing services. They also offer analytical testing, packaging, and logistics solutions to support the full lifecycle of a product.
Key people at GLOBAL LIFE SCIENCES SOLUTIONS MANUFACTURING UK LTD include their CEO, who oversees the overall operations, and their head of sustainability, who leads the company's efforts towards sustainable practices. They also have a team of experts in various fields, including research and development, manufacturing, and quality control.
For more information and contact details, their website is www.globalsolutionsmanufacturing.com. Their registered office address is located at 1 Alderley Road, Wilmslow, Cheshire, SK9 1BZ.
