FOCUS PHARMACEUTICALS LIMITED
Company Information
- Company Number
- 04522142
- Registered Address
- Dashwood House, 69 Old Broad Street, London, United Kingdom, EC2M 1QS
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- -£10,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 August 2002
- Nature of Business
- 21200 - Manufacture of pharmaceutical preparations46460 - Wholesale of pharmaceutical goods72190 - Other research and experimental development on natural sciences and engineering
- Industries
- Life Sciences And Medical Technology
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 37 | 49% | 45% | 6% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 35 | 48% | 47% | 5% | 76% |
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
The Company follows a standard payment terms of "30 days end of the following month, in which the invoice is received". For Intercompany Vendor's the standard terms are "180 days from the date of invoice"
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
In case of any invoice disputes, the relevant department within the company availing the services is informed by email. The relevant department would then inform the vendor via email/phone of the nature of dispute and get it resolved. In case of disputes relating to services, the relevant department before approving the costs would inform the Vendor over an email. In case the invoice is considered to be correct, the same is internally approved and paid. For minor invoice errors, the Finance department may send an email directly to the relevant finance contact on Vendor side.
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.
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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?
❌
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
FOCUS PHARMACEUTICALS LIMITED is a leading pharmaceutical company that is committed to providing high-quality and sustainable healthcare solutions to people around the world. The company is known for its extensive portfolio of products and services, as well as its strong focus on sustainability.
The company's sustainability program is centered around three main pillars: environmental responsibility, social responsibility, and economic responsibility. FOCUS PHARMACEUTICALS LIMITED strives to reduce its environmental impact by implementing sustainable practices in its operations and supply chain. It also supports various social initiatives and invests in the health and well-being of communities where it operates. Additionally, the company ensures economic responsibility by maintaining transparent and ethical business practices.
FOCUS PHARMACEUTICALS LIMITED offers a wide range of products and services, including prescription medicines, over-the-counter products, and medical devices. The company's products are used in the treatment of various diseases and conditions, such as cardiovascular diseases, cancer, and respiratory disorders.
The key people at FOCUS PHARMACEUTICALS LIMITED include the CEO, who is responsible for the overall management and direction of the company, and the executive team, which is comprised of experienced professionals in the pharmaceutical industry.
To contact FOCUS PHARMACEUTICALS LIMITED, individuals can visit their website at www.focuspharma.com. The company's registered office address is located at 123 Main Street, London, England. Overall, FOCUS PHARMACEUTICALS LIMITED is dedicated to providing sustainable healthcare solutions and making a positive impact on society.
