BEATSON INSTITUTE FOR CANCER RESEARCH

PaymentCheck Score 2025
68Fair
6.5vs last year
#2598 in UK
#118 in Scotland

Company Information

Company Number
SC084170
Registered Address
Garscube Estate, Switchback Road, Bearsden, Glasgow, G61 1BD
Status
Active
Employee Count
316
Turnover
£30,651,000
EBITDA
£843,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
3 August 1983
Nature of Business
72190 - Other research and experimental development on natural sciences and engineering
Industries
Professional Services
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
53%
31-60 Days
45%
After 60 Days
2%
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: 2024-10-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202508 Oct 20253344%53%3%11%
01 Oct 2023 - 31 Mar 202417 Apr 20243053%45%2%3%
01 Apr 2022 - 30 Sept 202226 Oct 20223340%57%3%4%
01 Apr 2021 - 30 Sept 202122 Oct 20213338%61%1%10%
01 Oct 2020 - 31 Mar 202119 Apr 20213141%58%1%1%
01 Apr 2019 - 30 Sept 201928 Oct 20193141%59%0%0%

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

payment shall be made by the end of the month following that in which a valid VAT invoice is received from the Seller, or the final instalment of the Goods or Services is delivered, whichever is the later.

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

Purchase Ledger staff resolve issue in the first instance. If required, any issues are escalated to the CFO

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

The BEATSON INSTITUTE FOR CANCER RESEARCH is a leading institution in the UK focused on finding cures and treatments for cancer. The institute conducts cutting-edge research on the causes and mechanisms of cancer, as well as developing new therapies and treatments. The ultimate goal of the institute is to improve the lives of cancer patients and ultimately find a cure for the disease.

One of the key aspects of the institute's work is their sustainability program, which aims to reduce their environmental impact and promote sustainable practices. This includes initiatives such as reducing energy consumption, using renewable energy sources, and promoting recycling and waste reduction.

The institute also offers a range of products and services, including access to state-of-the-art facilities and equipment for cancer researchers, as well as training and development programs for young scientists. They also collaborate with other institutions and organizations to share knowledge and resources in the fight against cancer.

The BEATSON INSTITUTE FOR CANCER RESEARCH is led by a team of renowned experts in the field of cancer research, including Director Professor Owen Sansom. The institute also has a team of over 300 scientists, clinicians, and support staff working together towards their common goal.

For more information about the institute, their research, and how to support their work, interested individuals can visit their website at www.beatson.gla.ac.uk. The registered office address for the institute is Beatson Institute for Cancer Research, Garscube Estate, Switchback Road, Bearsden, Glasgow, G61 1BD.

Financial Metrics

Cash
£19,419,000
Net Worth
£25,597,000
Total Current Assets
£24,993,000
Total Current Liabilities
£2,879,000

Company Location