ALMAC SCIENCES LIMITED
Company Information
- Company Number
- NI041550
- Registered Address
- Almac House, 20 Seagoe Industrial Estate, Craigavon, BT63 5QD
- Status
- Active
- Employee Count
- 605
- Turnover
- £62,898,000
- EBITDA
- £5,231,000
Additional Details
- Website
- https://almacgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 20 September 2001
- Nature of Business
- 71200 - Technical testing and analysis
- Industries
- Coming Soon
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 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 2019 - 30 Sept 2019 | 29 Oct 2019 | 56 | 7% | 79% | 14% | 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% |
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
45 days from invoice date, unless otherwise agreed.
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
Dispute Resolution Process
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.
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
ALMAC SCIENCES LIMITED is a leading global provider of innovative services and solutions for the pharmaceutical and biotechnology industries. The company was founded in 2001 and is headquartered in Craigavon, Northern Ireland.
The main activities of ALMAC SCIENCES LIMITED include drug discovery, development and commercialization, as well as clinical trial supply management and data management. The company also offers a range of specialized services such as biomarker discovery, companion diagnostics, and personalized medicine solutions.
In terms of sustainability, ALMAC SCIENCES LIMITED has a dedicated program focused on reducing its environmental impact and promoting responsible business practices. This includes initiatives such as reducing energy consumption, waste management, and promoting sustainable procurement.
ALMAC SCIENCES LIMITED is also committed to developing innovative products and services to improve patient outcomes and support the pharmaceutical industry in addressing global health challenges. Their key products include clinical trial supply management software, companion diagnostic assays, and personalized medicine solutions.
The company is led by a team of experienced executives, including CEO Sir Allen McClay, who has over 50 years of experience in the pharmaceutical industry. The company has over 5,000 employees worldwide and has a strong presence in Europe, North America, and Asia.
For more information on ALMAC SCIENCES LIMITED and their services, you can visit their website at www.almacgroup.com. Their registered office address is 20 Seagoe Industrial Estate, Craigavon, Co. Armagh, BT63 5QD, United Kingdom.