UK Payment Practices Report

Glaxosmithkline Research & Development Limited payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 00835139

This rating is PennyFetch’s own assessment derived from data self-reported by Glaxosmithkline Research & Development Limited to the UK government.

Avg. days to pay

60

UK median: 32

Outside agreed terms

2%

UK average: 24%

Trend

Getting faster

16 reports filed

Payment terms

0 to 60 days

Standard terms

Invoice payment breakdown

18%
25%
57%
Within 30 days: 18%31 to 60 days: 25%Over 60 days: 57%

How Glaxosmithkline Research & Development Limited compares

Glaxosmithkline Research & Development Limited takes an average of 60 days to pay its suppliers, which is 28 days slower than the UK median of 32 days across 9,336 reporting companies. 2% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Jul 2025 to Dec 2025602%18%57%
Jan 2025 to Jun 2025602%19%57%
Jul 2024 to Dec 2024693%13%77%
Jan 2024 to Jun 2024714%13%78%
Jul 2023 to Dec 2023683%17%74%
Jan 2023 to Jun 2023714%15%76%
Jul 2022 to Dec 2022733%11%80%
Jan 2022 to Jun 2022734%10%81%
Jul 2021 to Dec 2021715%15%74%
Jan 2021 to Jun 2021704%13%76%
Jul 2020 to Dec 2020657%21%69%
Jan 2020 to Jun 2020694%14%75%
Jul 2019 to Dec 2019675%15%71%
Jan 2019 to Jun 2019704%11%75%
Jul 2018 to Dec 2018736%9%81%
Jan 2018 to Jun 20187613%5%88%
Invoice UK companies with confidence

PennyFetch tracks your invoices, sends automatic payment reminders, and calculates statutory interest if anything goes overdue.

Get started free

Frequently asked questions

According to their most recent self-reported government filing, GLAXOSMITHKLINE RESEARCH & DEVELOPMENT LIMITED pays invoices in 60 days on average. 2% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Good payer" based on that data.

All payment statistics on this page are self-reported by Glaxosmithkline Research & Development Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Jan 2026. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

Is this your company?

If you believe this data is incorrect, outdated, or needs additional context, please email corrections@pennyfetch.co.uk. We will review your request and update or add context to this page where appropriate.