LIFE TECHNOLOGIES LIMITED

PaymentCheck Score 2025
91Excellent
1.5vs last year
#777 in UK
#42 in Scotland

Company Information

Company Number
SC083107
Registered Address
3 Fountain Drive, Inchinnan Business Park, Paisley, PA4 9RF
Status
Active
Employee Count
1,660
Turnover
£2,339,532,000
EBITDA
£487,039,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 May 1983
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
28 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
93%
31-60 Days
2%
After 60 Days
5%
Not Paid Within Terms8%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251489%5%6%18%
01 Jul 2024 - 31 Dec 202429 Jan 20252893%2%5%8%
01 Jan 2023 - 30 Jun 202327 Jul 20234245%48%7%43%
01 Jan 2021 - 30 Jun 202129 Jul 20212467%32%1%34%
01 Jan 2020 - 30 Jun 202029 Jul 20202961%37%2%35%
01 Jul 2018 - 31 Dec 201823 Jan 20192564%34%2%31%

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 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

Dispute Resolution Process

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. The accounts payable team will then follow appropriate escalation procedures to the relevant approver/requisitioner.

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

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.

Financial Metrics

Cash
£0
Net Worth
£2,150,728,000
Total Current Assets
£2,531,230,000
Total Current Liabilities
£479,414,000

Company Location