VASCUTEK LIMITED
Company Information
- Company Number
- SC079773
- Registered Address
- Newmains Avenue, Inchinnan, Renfrewshire, PA4 9RR
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 August 1982
- Nature of Business
- 32500 - Manufacture of medical and dental instruments and supplies
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
VASCUTEK's average payment time of 38 days indicates a tendency to pay slightly beyond a standard 30-day term. While 62% of payments are made within 30 days, a substantial 30% occur between 31 and 60 days, contributing to this extended average. This pattern suggests a consistent payment behavior rather than a clear improving or declining trajectory.
Volatility Analysis
With 18% of payments recorded as late and 8% extending beyond 60 days, there is a moderate level of unpredictability in VASCUTEK's payment timing. This suggests a risk of extended payment cycles for a notable portion of transactions, which could impact supplier cash flow planning. The spread of payments across various timeframes reduces the overall reliability for strict adherence to original payment terms.
Summary Analysis
Suppliers should anticipate VASCUTEK LIMITED to typically pay within a 30-60 day window, with a discernible 18% likelihood of payments being late. It is advisable to factor potential payment delays into cash flow forecasts and consider negotiating shorter payment terms or requesting partial upfront payments for large orders. Implementing explicit late payment clauses or setting payment milestones could serve as effective risk mitigation strategies.
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 | 30 Oct 2025 | 38 | 62% | 30% | 8% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 14 May 2025 | 29 | 59% | 25% | 16% | 18% |
| 01 Apr 2024 - 30 Sept 2024 | 23 Oct 2024 | 53 | 48% | 31% | 21% | 22% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 51 | 40% | 31% | 29% | 34% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 56 | 34% | 37% | 29% | 55% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 38 | 55% | 27% | 18% | 38% |
| 01 Apr 2022 - 30 Sept 2022 | 20 Oct 2022 | 45 | 52% | 30% | 18% | 37% |
| 01 Oct 2021 - 31 Mar 2022 | 10 May 2022 | 47 | 54% | 27% | 19% | 38% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 43 | 55% | 31% | 14% | 34% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 35 | 60% | 29% | 11% | 30% |
| 01 Apr 2020 - 30 Sept 2020 | 06 Nov 2020 | 36 | 57% | 32% | 11% | 38% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 30 | 67% | 6% | 27% | 28% |
| 01 Oct 2018 - 31 Mar 2019 | 28 May 2019 | 28 | 70% | 25% | 5% | 26% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 26 | 64% | 21% | 15% | 37% |
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
Standard contractual terms are not depending on trade of goods or services.
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
60
Dispute Resolution Process
Vascutek’s Accounts Payable department is the first point of contact for invoice disputes. Most queries are centred around pricing queries between the purchase order and the supplier invoice. For this to be resolved our Procurement department would have to check that the prices on the purchase order are correct. This being the case, the supplier would have to credit the invoice and re-issue us with a new one. All PO numbers are communicated by Vascutek’s Procurement department, to the supplier and the requisitioner, when the order is placed.
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
VASCUTEK LIMITED is an active private limited company
Its name indicates a specialisation in vascular technology, which typically involves medical devices and solutions related to the circulatory system
The company was incorporated on 16 August 1982 and operates with company number SC079773
Its registered office is located in Scotland, specifically at Newmains Avenue, Inchinnan, Renfrewshire, PA4 9RR
Companies within the vascular technology sector, similar to what VASCUTEK's name suggests, typically specialise in the research, development, manufacture, and supply of advanced medical devices
These products often include grafts, stents, catheters, and other solutions for cardiovascular and peripheral vascular conditions within the UK market
