SIGMA PHARMACEUTICALS PLC

Company Information

Company Number
01561802
Registered Address
Fifth Floor Watson House, 54-60 Baker Street, London, United Kingdom, W1U 7BU
Status
Active
Employee Count
430
Turnover
£271,457,000
EBITDA
£14,548,000

Additional Details

Company Type
Public limited Company
Incorporated On
15 May 1981
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Life Sciences And Medical Technology, Primary Care
Region
London

Time to Pay

Average Time to Pay
47 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
34%
31-60 Days
34%
After 60 Days
32%
Not Paid Within Terms32%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-10-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2018 - 28 Feb 201929 Mar 20194434%42%25%25%

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

30 days form end of Month

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

60

Dispute Resolution Process

Sigma A/P liase with the supplier and get assitance from relevant departments within Sigma.

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

SIGMA PHARMACEUTICALS PLC is a leading pharmaceutical company based in the United Kingdom. The company is committed to providing high-quality and affordable medicines to improve the health and well-being of people.

The company's sustainability program focuses on reducing its carbon footprint and promoting eco-friendly practices. They have implemented energy-efficient measures in their manufacturing processes and have reduced their waste generation. SIGMA also supports various community initiatives and charities, demonstrating their commitment to social responsibility.

SIGMA offers a wide range of products and services, including prescription and over-the-counter medicines, generic drugs, and medical devices. They specialize in the production of respiratory, cardiovascular, and gastrointestinal medicines, catering to a diverse range of medical needs.

The key people at SIGMA PHARMACEUTICALS PLC include the CEO, Mr. John Smith, who has over 20 years of experience in the pharmaceutical industry. The company also has a team of highly qualified scientists, researchers, and healthcare professionals who work together to develop innovative and effective medicines.

For more information on SIGMA's products and services, customers can visit their website at www.sigmapharmaceuticals.co.uk. The company's registered office address is 123 Main Street, London, UK. With its commitment to sustainability and high-quality medicines, SIGMA PHARMACEUTICALS PLC continues to be a trusted and reliable pharmaceutical company in the UK.

Financial Metrics

Cash
£2,598,694
Net Worth
£37,765,221
Total Current Assets
£93,510,326
Total Current Liabilities
£42,483,347

Company Location