| 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 UK-registered company incorporated in 1995, originally named Trushelfco (No.2139) Limited before adopting its current name the following year. Companies House records its nature of business as wholesale of pharmaceutical goods. Officer correspondence records link the company to Alliance Healthcare (Distribution) Limited at the same Chessington address, indicating it operates as part of that pharmaceutical wholesale and distribution group. No further detail on trading activities, products handled or customer base is available from the evidence supplied, so this summary is limited to the registered classification and group association.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk