Industry ranking
| 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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 33 | 46% | 52% | 2% | 27% |
| 01 Oct 2024 - 30 Mar 2025 | 28 Oct 2025 | 36 | 40% | 56% | 4% | 35% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2025 | 35 | 34% | 62% | 4% | 22% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 38 | 31% | 63% | 6% | 38% |
| 01 Mar 2023 - 30 Sept 2023 | 23 Apr 2024 | 54 | 18% | 60% | 22% | 39% |
| 01 Apr 2022 - 30 Sept 2022 | 22 Mar 2024 | 56 | 10% | 78% | 12% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 17 May 2022 | 56 | 10% | 78% | 12% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 56 | 8% | 75% | 17% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 68 | 7% | 58% | 35% | 1% |
| 01 Apr 2020 - 30 Sept 2020 | 05 Nov 2020 | 59 | 4% | 74% | 23% | 1% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 57 | 6% | 79% | 15% | 1% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 56 | 7% | 79% | 14% | 1% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 53 | 6% | 80% | 13% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 54 | 7% | 82% | 11% | 1% |
| 01 Oct 2017 - 31 Mar 2018 | 31 Oct 2018 | 50 | 8% | 79% | 13% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days from invoice date, unless otherwise agreed Invoices are paid only if correctly presented with all necessary information and only when approved by the relevant buyer. As a result, payment terms may be impacted where time is required to resolve queries.
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
45
Payment disputes are handled by the Accounts Payable team, which liaises with the suppliers and the company’s buyers as necessary to resolve invoice and payment queries in a timely manner. Where correction of an invoice is necessary, payment is processed as soon as reasonably practicable following receipt of corrected invoice. The Accounts Payable team may be contacted via a dedicated Accounts Payable mailbox or by telephone.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Almac Sciences Limited is a Northern Ireland registered company forming part of the Almac Group, based at Craigavon. Its registered activity is technical testing and analysis. Group evidence shows Almac provides services across the drug development lifecycle, including small molecule API development and manufacture, highly potent API services, biocatalysis solutions and enzyme screening, alongside diagnostic services such as genomic testing, companion diagnostics and clinical biomarker development. These activities are carried out by the wider Almac Group, with laboratories in the UK, US and Asia. Almac Sciences Limited operates as part of this group structure, contributing to its pharmaceutical development and analytical testing operations rather than as a standalone consumer facing business.
Generated from the company's website and Companies House records. Sources: almacgroup.com