| 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 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 48 | 25% | 65% | 10% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 47 | 38% | 48% | 14% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 53 | 36% | 50% | 14% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 52 | 30% | 63% | 7% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 29 Jan 2022 | 53 | 15% | 79% | 6% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 45 | 45% | 42% | 13% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 43 | 50% | 39% | 11% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 37 | 50% | 40% | 10% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 50 | 48% | 34% | 18% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 46 | 53% | 37% | 10% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms range from immediate payment to 120 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Invoices are matched on receipt and disputed invoices notified to the supplier. Disputes are managed directly with the supplier and resolved items are reprocessed.
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
MEDIMMUNE U.K. LIMITED is a leading biopharmaceutical company in the United Kingdom, specializing in the development and production of innovative medicines for the treatment of diseases. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility.
Their sustainability program includes efforts to reduce their carbon footprint, conserve natural resources, and promote diversity and inclusion within their workforce. They also prioritize ethical and responsible business practices, ensuring compliance with all relevant laws and regulations.
MEDIMMUNE U.K. LIMITED offers a wide range of products and services, including vaccines and treatments for respiratory, cardiovascular, and infectious diseases. They also have a strong focus on research and development, constantly striving to discover new treatments and cures for diseases.
The company is led by a team of experienced and dedicated professionals, including their CEO, Dr. Jane Osbourn. Their registered office is located in Cambridge, and they can be contacted through their website, www.medimmune.co.uk, for any inquiries or collaboration opportunities.
In summary, MEDIMMUNE U.K. LIMITED is a reputable company that is committed to sustainability and making a positive impact in the healthcare industry. Their innovative products and services, along with their strong leadership, make them a leader in the biopharmaceutical sector.