---
title: "BRISTOL-MYERS SQUIBB BUSINESS SERVICES LIMITED - Payment Practices"
date: 2025-07-30
url: https://paymentcheck.co.uk/company-search/02059282/bristol-myers-squibb-business-services-limited
description: "View payment practices for BRISTOL-MYERS SQUIBB BUSINESS SERVICES LIMITED. Average time to pay: 46 days."
---

# BRISTOL-MYERS SQUIBB BUSINESS SERVICES LIMITED

## Company Information

- **Company Number:** 02059282
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 29 September 1986
- **Registered Address:** Arc Uxbridge Sanderson Road, New Denham, Denham, Buckinghamshire, United Kingdom, UB8 1DH
- **Industry:** Professional Services
- **Region:** South East

## Payment Statistics

- **Average Time to Pay:** 46 days
- **Invoices Paid Within 30 Days:** 24%
- **Invoices Paid Between 31-60 Days:** 15%
- **Invoices Paid Later Than 60 Days:** 61%
- **Invoices Not Paid Within Agreed Terms:** 13%

## Payment Terms

- **Standard Payment Terms:** The preferred BMS terms for 3rd party vendors are default to 90 days.  Payment terms are outlined in contracts with suppliers.  Where a contract is not negotiated, the payment terms will be clearly stated on the Purchase Orders (POs) sent to suppliers.  Any changes to the payment terms would require a contract amendment.  For any reported late payments, we are continuously investigating our practices and where the administrative process was identified as a root cause we are taking action to remediate the process.  For suppliers where the standard payment terms are immediate, meeting these terms are difficult to achieve when we consider time to send the invoice, process, approve and release for payment.  Currently 71% of the above reported late payments are due to Immediate payment terms (0% of the total payments).  Intercompany transactions may also negatively impact the On-time payment percentage due to the Intercompany monthly netting schedule (a further 39% of late payments).
- **Shortest Payment Period:** Not available days
- **Longest Payment Period:** 90 days
- **Maximum Contractual Period:** 90 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** True
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

BMS has a dedicated Accounts Payable helpdesk in the event of a dispute with a supplier that offers them support through to query resolution. This query can be raised via email at frontoffice-UK@bms.com. If needed the query is then forwarded to the BMS contact (contract monitor or requisitioner) for further investigation.

## Summary

Bristol-Myers Squibb Business Services Limited is a leading global biopharmaceutical company that focuses on discovering, developing and delivering innovative medicines to help patients prevail over serious diseases. The company is committed to improving the lives of patients and creating a sustainable future for all stakeholders.

The company's sustainability program is focused on three key areas: environmental stewardship, access to healthcare, and ethical and transparent business practices. They have set ambitious goals to reduce their environmental impact, increase access to medicines for underserved populations, and maintain high ethical standards in their operations.

Bristol-Myers Squibb offers a diverse portfolio of medicines in various therapeutic areas including oncology, cardiovascular, immunoscience, and fibrosis. Their products are used to treat a range of diseases such as cancer, diabetes, HIV, and hepatitis. The company invests heavily in research and development to continuously innovate and bring new and improved treatments to patients.

Key people at Bristol-Myers Squibb Business Services Limited include CEO Giovanni Caforio, who has been with the company since 2000, and Chief Sustainability Officer Annalisa Jenkins, who leads the company's sustainability efforts. The company also has a team of dedicated scientists, researchers, and employees who work towards their mission of delivering life-changing medicines.

For more information about Bristol-Myers Squibb Business Services Limited, their products, and sustainability efforts, you can visit their website at www.bms.com. Their registered office address is Plaza 254, Blanchardstown Corporate Park 2, Ballycoolin Road, Dublin 15, Ireland.

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*Data sourced from official UK government payment practices reports. Last updated: 2025-07-30*