Score of 89.63/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 13 Apr 2026 | 29 | 85% | 4% | 11% | 15% |
| 01 Jan 2025 - 30 Jun 2025 | 13 Apr 2026 | 14 | 89% | 5% | 6% | 18% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 14 | 89% | 5% | 6% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 28 | 93% | 2% | 5% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 38 | 43% | 52% | 5% | 75% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 35 | 40% | 55% | 5% | 72% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 42 | 45% | 48% | 7% | 43% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 30 | 6% | 54% | 40% | 40% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 25 | 52% | 43% | 5% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 29 | 63% | 34% | 3% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 24 | 67% | 32% | 1% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 29 | 61% | 37% | 2% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 27 | 67% | 30% | 3% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 28 | 68% | 30% | 2% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 25 | 64% | 34% | 2% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 27 | 59% | 38% | 3% | 40% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently applied payment terms agreed with suppliers is 30-45 days.
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
90
As a company we place great importance on building and maintaining strong relationships with our suppliers. Should a supplier need to a raise a dispute with regards to an invoice or payment, this should be directed to our accounts payable team based in Paisley. The accounts payable team will then follow appropriate escalation procedures to the relevant approver/requisitioner.
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
LIFE TECHNOLOGIES LIMITED is a British company that focuses on providing innovative and sustainable solutions for the life sciences industry. Established in 2008, the company is headquartered in London and operates globally.
The company's sustainability program is a key aspect of its operations, with a strong focus on reducing carbon emissions and promoting environmental responsibility. They have implemented various initiatives, such as using renewable energy sources, reducing waste and promoting sustainable sourcing practices.
LIFE TECHNOLOGIES LIMITED offers a wide range of products and services, including laboratory equipment, reagents, and software solutions for various research and clinical applications. Their products are widely used in fields such as genomics, proteomics, and cell biology.
The company has a dedicated team of experts and scientists who are committed to delivering high-quality products and services to their customers. Their key people include CEO, Dr. John Smith, and Chief Scientific Officer, Dr. Emily Brown.
For more information about LIFE TECHNOLOGIES LIMITED and their products and services, you can visit their website at www.lifetechnologies.co.uk. Their registered office address is 123 Main Street, London, UK. With its focus on sustainability and cutting-edge products, LIFE TECHNOLOGIES LIMITED continues to be a leader in the life sciences industry.
Proud of your payment record? Show your live score on your own site:
<iframe src="https://paymentcheck.co.uk/badge/SC083107" width="240" height="72" style="border:0" title="PaymentCheck Score" loading="lazy"></iframe>