ALMAC GROUP LIMITED
Company Information
- Company Number
- NI041551
- Registered Address
- Almac House, 20 Seagoe Industrial Estate, Craigavon, BT63 5QD
- Status
- Active
- Employee Count
- 6,464
- Turnover
- £840,457,000
- EBITDA
- £140,662,000
Additional Details
- Website
- https://nijobsearch.com/
- Company Type
- Private limited Company
- Incorporated On
- 20 September 2001
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Life Sciences And Medical Technology,Supply Chain,Manufacturing And Commerce Models
- 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 | 29 Oct 2025 | 25 | 71% | 24% | 5% | 14% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 26 | 74% | 23% | 3% | 28% |
| 01 Apr 2023 - 30 Sept 2023 | 05 Oct 2023 | 27 | 81% | 14% | 5% | 25% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 45 | 25% | 45% | 30% | 75% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 37 | 75% | 18% | 7% | 72% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 33 | 65% | 26% | 9% | 72% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 30 | 60% | 37% | 3% | 69% |
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
The most frequently used terms were 30 days from invoice date.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Invoices are paid only if correctly presented with all necessary information and only when matched to purchase order or approved by the relevant buyer. As a result, payment terms may be impacted where time is required to resolve queries.
Maximum contractual payment period agreed
60
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 GROUP LIMITED is a global contract development and manufacturing organization that provides a wide range of services to the pharmaceutical and biotech industries. The company was founded in 1968 and has its headquarters in Craigavon, Northern Ireland.
The company offers a variety of services including drug development, clinical trial supply, and commercial manufacturing. They have a strong focus on research and development, with over 600 scientists working in their facilities across the globe.
ALMAC GROUP LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a sustainability program in place that aims to reduce energy consumption, waste generation, and carbon emissions. The company also uses sustainable materials in their packaging and has implemented recycling programs in their facilities.
The company's products and services are used in the development and manufacturing of life-saving medicines. They work with a diverse range of clients, from small biotech startups to large pharmaceutical companies, to help bring new treatments to market.
The key people at ALMAC GROUP LIMITED include CEO Alan Armstrong, who has been with the company for over 30 years, and Executive Vice President Colin McCracken, who leads the company's commercial operations. The company has a team of experienced scientists, engineers, and industry experts who work together to provide high-quality services to their clients.
For more information on ALMAC GROUP LIMITED and their services, visit their website at www.almacgroup.com. The company's registered office address is at 20 Seagoe Industrial Estate, Craigavon, BT63 5QD, Northern Ireland. They also have offices and facilities in the United States, Asia, and Europe.
