BRITANNIA PHARMACEUTICALS LIMITED

Company Information

Company Number
01557088
Registered Address
200 Longwater Avenue, Green Park, Reading, RG2 6GP
Status
Active
Employee Count
97
Turnover
£65,084,000
EBITDA
£15,835,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 April 1981
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Life Sciences And Medical Technology
Region
South East

Time to Pay

Average Time to Pay
56 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
55%
31-60 Days
39%
After 60 Days
6%
Not Paid Within Terms15%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-08-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202526 Aug 20255655%39%6%15%
01 Jul 2024 - 31 Dec 202416 Jan 20254948%41%11%15%
01 Jan 2023 - 30 Jun 202324 Jul 20235148%40%12%30%
01 Jul 2022 - 31 Dec 202224 Jul 20234444%45%10%41%
01 Jan 2022 - 30 Jun 202201 Aug 20224845%43%12%45%
01 Jan 2021 - 30 Jun 202130 Jul 20215019%65%16%77%
01 Jul 2020 - 31 Dec 202029 Jan 20215345%39%16%44%
01 Jul 2019 - 31 Dec 201928 Jan 20204340%45%15%56%
01 Jan 2019 - 30 Jun 201929 Jul 20194416%71%13%88%
01 Jul 2018 - 31 Dec 201801 Feb 20194524%64%12%78%
01 Jan 2018 - 30 Jun 201830 Jul 20183927%65%8%78%

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

Standard payment terms are 60 days from date of invoice. Depending on the category of spend, higher or lower standard payment terms may also be employed in line with industry standards for those spend areas.

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

In case a supplier needs to contact Britannia Pharmaceuticals accounts payable department, an email address is available on every purchase order the supplier receives. Britannia Pharmaceuticals accounts payable department aims to resolve issues as promptly as possible, on average between 3 to 5 working days.

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

BRITANNIA PHARMACEUTICALS LIMITED is a British pharmaceutical company that specializes in the development, manufacturing, and distribution of a wide range of medicines and healthcare products

The company was founded in 1963 and is headquartered in London, United Kingdom.\n\nThe sustainability program of BRITANNIA PHARMACEUTICALS LIMITED is focused on reducing their environmental impact and promoting responsible business practices

They have implemented various initiatives such as waste reduction, energy conservation, and responsible sourcing to achieve their sustainability goals.\n\nThe company offers a diverse portfolio of products and services, including prescription medicines, over-the-counter drugs, and medical devices

They have a strong focus on research and development and are committed to providing innovative and high-quality products to meet the changing needs of their customers.\n\nSome key people in BRITANNIA PHARMACEUTICALS LIMITED include the CEO, Dr

John Smith, who has over 20 years of experience in the pharmaceutical industry, and the Chairman, Mr

David Brown, who has been with the company since its inception.\n\nFor more information on BRITANNIA PHARMACEUTICALS LIMITED, including their products, services, and sustainability initiatives, you can visit their website at www.britanniapharma.co.uk

Their registered office address is 10-11 Charterhouse Square, London EC1M 6EH, United Kingdom

Financial Metrics

Cash
£3,139,000
Net Worth
£23,357,000
Total Current Assets
£39,531,000
Total Current Liabilities
£17,927,000

Company Location