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PAYMENTCHECK
HomeCompany SearchBlogAwards
Sectors›Life Sciences and Medical Technology›ALMAC PHARMA SERVICES LIMITED

ALMAC PHARMA SERVICES LIMITED

PaymentCheck Score 2024
88Good
↑ 12.3vs last year
#1374 in UK
#12 in Life Sciences And Medical Technology
#12 in Northern Ireland

Company Information

Company Number
NI045055
Registered Address
Almac House, 20 Seagoe Industrial Estate, Craigavon, BT63 5QD
Status
Active
Employee Count
1,270
Turnover
£168,479,000
EBITDA
£35,414,000

Additional Details

Website
https://icesigns.co.uk/
Phone
Company Type
Private limited Company
Incorporated On
7 January 2003
Nature of Business
21200 - Manufacture of pharmaceutical preparations
Industries
Life Sciences And Medical Technology
Region
Northern Ireland
Eligible for Certification

Score of 88.3/100 qualifies for PaymentCheck Certification

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Payment dataScore historyFinancialsLocation

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
62%
31-60 Days
32%
After 60 Days
6%
Not Paid Within Terms29%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2026-04-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2025 - 30 Mar 202630 Apr 20262962%32%6%29%
01 Oct 2023 - 31 Mar 202430 Apr 20241492%7%1%42%
01 Apr 2023 - 30 Sept 202331 Oct 20232084%12%4%38%
01 Oct 2022 - 31 Mar 202310 May 20234153%35%12%37%
01 Oct 2020 - 31 Mar 202127 Apr 20212580%19%1%6%
01 Apr 2020 - 30 Sept 202029 Oct 20203163%35%2%4%
01 Oct 2019 - 31 Mar 202030 Apr 20203153%45%2%16%
01 Apr 2019 - 30 Sept 201931 Oct 20193155%42%3%17%
01 Oct 2018 - 31 Mar 201919 Apr 20193253%44%3%19%
01 Apr 2018 - 30 Sept 201823 Oct 20183063%35%3%11%
01 Oct 2017 - 31 Mar 201826 Apr 20183731%66%3%32%

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 the date of invoice

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 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 PHARMA SERVICES LIMITED is a leading pharmaceutical company based in Craigavon, Northern Ireland. The company offers a wide range of services including drug discovery, development, and manufacturing for the global pharmaceutical and biotech industries.

Their sustainability program focuses on reducing their environmental impact by implementing energy-efficient practices and promoting sustainable sourcing of raw materials. They also have a strong focus on employee wellbeing and community engagement, with initiatives such as volunteering programs and charity partnerships.

The company's product portfolio includes a variety of pharmaceutical and biotech products, including drug delivery systems, active pharmaceutical ingredients, and clinical trial services. They also offer specialized services such as biomarker discovery and companion diagnostics.

ALMAC PHARMA SERVICES LIMITED is led by a team of experienced professionals, including CEO Dr. Alan Armstrong and COO Colin Stanley. The company has a global presence, with offices and facilities in the UK, USA, and Asia.

Their website, www.almacgroup.com, provides comprehensive information about their services, products, and sustainability efforts. The registered office address is 20 Seagoe Industrial Estate, Craigavon, BT63 5QD, Northern Ireland.

In summary, ALMAC PHARMA SERVICES LIMITED is a leading pharmaceutical company with a strong focus on sustainability and a diverse portfolio of products and services. Their team of experienced leaders and global presence make them a key player in the pharmaceutical industry.

Financial Metrics

Cash
£440
Net Worth
£69,950,794
Total Current Assets
£62,890,716
Total Current Liabilities
£71,250,645

Company Location

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PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Certified

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell