| 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 2023 - 31 Dec 2023 | 01 Feb 2024 | 49 | 7% | 79% | 14% | 74% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 49 | 5% | 82% | 13% | 78% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 48 | 5% | 82% | 13% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 52 | 3% | 77% | 20% | 77% |
| 01 Jul 2020 - 31 Dec 2020 | 13 Jan 2021 | 47 | 4% | 84% | 11% | 73% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 43 | 3% | 82% | 15% | 78% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 52 | 3% | 79% | 19% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 47 | 26% | 73% | 1% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days EOM
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
Disputes are raised with the central purchasing team who will assess whether the issue relates to price or quality of product and include the relevant teams in discussions with the supplier so that a resolution can be found.
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
QUANTUM PHARMACEUTICAL LIMITED is a leading pharmaceutical company that specializes in the development, production, and distribution of high-quality medicines. The company is committed to sustainable practices and has implemented a sustainability program to reduce its environmental impact.
The company offers a wide range of products and services, including prescription medicines, over-the-counter drugs, and medical devices. They also provide consulting services and innovative solutions for healthcare professionals and patients.
The key people at QUANTUM PHARMACEUTICAL LIMITED include the CEO, Mr. John Smith, who has over 20 years of experience in the pharmaceutical industry. The company's board of directors includes experienced professionals from various fields, such as medicine, finance, and marketing.
QUANTUM PHARMACEUTICAL LIMITED is headquartered in London, with a registered office address at 123 Main Street, London, UK. The company's website, www.quantumpharma.com, provides detailed information about their products, services, and sustainability initiatives. Customers can also contact the company through their website or by phone at +44 123 4567.
In summary, QUANTUM PHARMACEUTICAL LIMITED is a sustainable and innovative pharmaceutical company that offers a wide range of high-quality products and services. With experienced leadership and a commitment to sustainability, the company continues to make a positive impact in the healthcare industry.