ORGANON PHARMA (UK) LIMITED
Company Information
- Company Number
- 00820771
- Registered Address
- The Hewett Building, 14 Hewett Street, London, United Kingdom, EC2A 3NP
- Status
- Active
- Employee Count
- 583
- Turnover
- £132,826,000
- EBITDA
- £19,820,000
Additional Details
- Website
- https://msd-uk.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 25 September 1964
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products
- Industries
- Life Sciences And Medical Technology
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 96 | 4% | 14% | 82% | 49% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Nov 2023 | 50 | 52% | 3% | 45% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 61 | 11% | 6% | 83% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 57 | 9% | 7% | 84% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 63 | 9% | 11% | 80% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 80 | 8% | 12% | 80% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 79 | 10% | 10% | 79% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Feb 2020 | 61 | 14% | 12% | 74% | 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
Organon operates with 90 days as its standard payment terms for all vendors unless there are exceptional circumstances
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
Any complaint or concern are directed in the first instance to the Source to Settle (StS) helpdesk. There are 3 levels of tiering within the helpdesk and the dispute can be escalated through these to reach resolution.
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
ORGANON PHARMA (UK) LIMITED is a pharmaceutical company that operates in the United Kingdom. The company is committed to promoting sustainability and reducing its environmental impact through various initiatives.
Their sustainability program includes implementing energy-efficient practices, reducing waste, and sourcing materials from sustainable suppliers. The company is also actively involved in community outreach and supports various charitable organizations in the UK.
ORGANON PHARMA (UK) LIMITED offers a range of products and services in the pharmaceutical industry, including prescription medicines, over-the-counter drugs, and medical devices. Their products are used to treat a variety of medical conditions, such as cardiovascular diseases, respiratory disorders, and mental health issues.
The key people at ORGANON PHARMA (UK) LIMITED include the managing director, who oversees the overall operations of the company, and the research and development team, who are responsible for developing new and innovative medicines. The company also has a dedicated team of sales and marketing professionals who promote their products and services.
For more information about ORGANON PHARMA (UK) LIMITED and their sustainability efforts, customers can visit their website at www.organonpharma.co.uk. The company's registered office address is located at 1 New Pond Road, Harlow, Essex CM19 5FN, United Kingdom.
