| 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 Oct 2025 - 30 Mar 2026 | 30 Apr 2026 | 32 | 50% | 42% | 8% | 38% |
| 01 Apr 2025 - 30 Sept 2025 | 19 Nov 2025 | 43 | 22% | 64% | 14% | 37% |
| 01 Oct 2024 - 30 Mar 2025 | 04 Jun 2025 | 32 | 56% | 36% | 8% | 42% |
| 01 Apr 2024 - 30 Sept 2024 | 27 Nov 2024 | 43 | 20% | 73% | 7% | 60% |
| 01 Oct 2023 - 31 Mar 2024 | 05 Jun 2024 | 58 | 17% | 47% | 34% | 42% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Dec 2023 | 31 | 13% | 73% | 14% | 79% |
| 01 Oct 2022 - 31 Mar 2023 | 19 May 2023 | 38 | 61% | 32% | 7% | 63% |
| 01 Mar 2022 - 30 Sept 2022 | 07 Dec 2022 | 46 | 24% | 65% | 11% | 62% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 49 | 15% | 70% | 15% | 74% |
| 01 Mar 2021 - 31 Aug 2021 | 08 Nov 2021 | 51 | 14% | 72% | 14% | 60% |
| 01 Sept 2020 - 28 Feb 2021 | 14 Apr 2021 | 48 | 15% | 75% | 10% | 49% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 49 | 16% | 72% | 12% | 53% |
| 01 Sept 2019 - 29 Feb 2020 | 15 Apr 2020 | 47 | 14% | 68% | 18% | 55% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 35 | 17% | 67% | 16% | 50% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 47 | 20% | 62% | 18% | 35% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 36 | 20% | 70% | 10% | 28% |
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.
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
75
The main point of contact for disputes is the accounts payable department located in OTC Direct Ltd, Chessington Support Centre who manage the approval of invoices and follow internal processes to deal with and resolve invoice queries. Disputes will be investigated by the accounts payable team, who will liaise with the appropriate personnel in the Company to resolve the query.
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
OTC DIRECT LIMITED is a British company that specializes in the distribution of over-the-counter pharmaceutical products. The company was founded in 2001 and is based in London, with a registered office address at 8-10 New Fetter Lane, London, EC4A 1AZ.
The company's main activity is the supply and distribution of a wide range of healthcare products, including medicines, medical devices, and nutritional supplements. They work closely with leading manufacturers and healthcare professionals to provide high-quality products to their customers.
In addition to their core business, OTC DIRECT LIMITED also has a strong focus on sustainability. They are committed to reducing their environmental impact and promoting sustainable practices throughout their supply chain. This includes using eco-friendly packaging materials, implementing energy-saving measures, and supporting ethical sourcing and production methods.
The company's sustainability efforts extend to their products and services as well. They offer a range of eco-friendly and organic products, as well as reusable and recyclable packaging options. They also have a program in place to responsibly dispose of expired or unused products.
The key people behind OTC DIRECT LIMITED include the company's directors, who have many years of experience in the pharmaceutical industry, and a dedicated team of employees who are passionate about providing quality healthcare products and promoting sustainability.
Customers can contact OTC DIRECT LIMITED through their website, where they can browse and purchase products, as well as access information on sustainability and product ingredients. The company also has a customer service team available via phone and email to assist with any inquiries or concerns.
Overall, OTC DIRECT LIMITED is a reputable and sustainable company that provides a wide range of high-quality healthcare products. Their commitment to sustainability and ethical practices sets them apart from other pharmaceutical suppliers, making them a trusted and reliable choice for customers in the UK and beyond.
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