GALEN LIMITED
Company Information
- Company Number
- NI056542
- Registered Address
- Seagoe Industrial Estate, Craigavon, County Armagh, BT63 5UA
- Status
- Active
- Employee Count
- 33
- Turnover
- £48,640,000
- EBITDA
- -£557,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 September 2005
- Nature of Business
- 46460 - Wholesale of pharmaceutical goods
- Industries
- Life Sciences And Medical Technology
- 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 | 22 Oct 2025 | 32 | 48% | 47% | 5% | 13% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 32 | 54% | 42% | 4% | 36% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 32 | 59% | 37% | 4% | 32% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 30 | 51% | 46% | 3% | 32% |
| 01 Apr 2022 - 30 Sept 2022 | 17 Oct 2022 | 34 | 32% | 65% | 3% | 43% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 34 | 30% | 64% | 6% | 50% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Apr 2021 | 37 | 29% | 64% | 7% | 54% |
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 36 | 39% | 51% | 11% | 40% |
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 the end of the month in which the invoice is dated.
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.
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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.
❌
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
GALEN LIMITED is a pharmaceutical company based in the United Kingdom that specializes in the development and distribution of a wide range of medicines and healthcare products. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.
In terms of products and services, GALEN LIMITED offers a diverse portfolio of prescription and over-the-counter medicines, as well as medical devices and nutritional supplements. The company also provides services such as medical education and training, clinical trials, and product distribution.
The key people at GALEN LIMITED include CEO David Bennett, who has over 30 years of experience in the pharmaceutical industry, and the company's founder, Dr. Allen McClay. The company's sustainability program is led by a dedicated team that focuses on reducing carbon emissions, promoting responsible waste management, and implementing sustainable sourcing practices.
GALEN LIMITED's sustainability efforts have been recognized by various organizations, including being named the Sustainable Business of the Year at the 2020 UK Business Awards. The company is also a member of the United Nations Global Compact, demonstrating its commitment to ethical and sustainable business practices.
For more information on GALEN LIMITED and its products and services, as well as its sustainability program, interested parties can visit the company's website at www.galen-pharma.com. The registered office address for GALEN LIMITED is 5th Floor, Clarendon House, Victoria Avenue, Harrogate, North Yorkshire, HG1 1JD, United Kingdom.
