| 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 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 44 | 34% | 42% | 25% | 25% |
| 01 Sept 2017 - 28 Feb 2018 | 02 May 2018 | 51 | 22% | 42% | 35% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
STANDARD CONTRACTUAL TERMS FOR GOODS AND SERVICES IS 30 DAYS FROM STATEMENT
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
SUPPLIERS ON NON STANDARD TRADING TERMS COULD HAVE VARIOUS PAYMENTS TERMS
Maximum contractual payment period agreed
60
THE MAIN POINT OF CONTACT FOR DISPUTES IS THE ACCOUNTS PAYABLE DEPARTMENT WHO DEAL WITH THE SUPPLIER WITH ASSISTANCE OF THE RELEVANT PERSONNEL WITHIN THE COMPANY
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Sigma Pharmaceuticals Plc is a family run pharmaceutical wholesaler serving independent pharmacies, dispensing doctors and hospitals. It is a registered UK wholesaler licensed by the MHRA, supplying generics, parallel imports, OTC and health and beauty products, and unlicensed medicines (specials). Its services include sourcing and supply for clinical trials, exports, corporate dispensing management through its Sigcare arm, and repackaging and over-labelling via its OPD operation. The company works with independent and community pharmacies, hospitals, NHS trusts, care homes and trade customers, supported by warehouse and logistics operations. Founded over 40 years ago and still family run, it employs around 500 staff across its head office, goods-in facility and satellite depot.
Generated from the company's website and Companies House records. Sources: sigmaplc.com · sigmaplc.com