30 Fair PaymentHow fast UK companies pay their suppliers
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Glaxosmithkline Intellectual Property Development Limited

Registered as GLAXOSMITHKLINE INTELLECTUAL PROPERTY DEVELOPMENT LIMITED. Company number 08283222. 6 payment practices reports on file, the latest for the period ending 30 June 2026, filed 23 July 2026.

43days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 January 2026 to 30 June 2026, Glaxosmithkline Intellectual Property Development Limited reported that it took an average of 43 days to pay its suppliers' invoices. It paid 45% of invoices within 30 days, 20% in 31 to 60 days and 35% after more than 60 days. It said 16% of invoices were not paid within the agreed terms.

That average is faster than 25% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 52 days, so it is 9 days faster now.

Average days to pay, report by report

30 25 Dec 2023 30 Jun 2024 52 Dec 2024 52 Jun 2025 52 Dec 2025 43 Jun 2026

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jan to Jun 2026 23 Jul 2026 43 45%20%35%16% Report
Jul to Dec 2025 27 Jan 2026 52 42%45%13%9% Report
Jan to Jun 2025 29 Jul 2025 52 29%33%38%11% Report
Jul to Dec 2024 31 Jan 2025 52 36%14%50%11% Report
Jan to Jun 2024 30 Jul 2024 30 64%15%21%11% Report
Jul to Dec 2023 30 Jan 2024 25 74%26%0%3% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.