| 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 2025 - 31 Dec 2025 | 05 Mar 2026 | 41 | 33% | 52% | 15% | 45% |
| 01 Jan 2025 - 30 Jun 2025 | 13 Aug 2025 | 30 | 59% | 35% | 6% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 18 Feb 2025 | 30 | 60% | 38% | 2% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 33 | 48% | 49% | 3% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 21 Feb 2024 | 36 | 45% | 54% | 1% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | 36 | 44% | 53% | 3% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 08 Feb 2023 | 36 | 45% | 54% | 1% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 37 | 40% | 55% | 5% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Mar 2022 | 48 | 34% | 58% | 8% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 44 | 27% | 58% | 15% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 06 Jun 2021 | 39 | 36% | 60% | 4% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 20% | 48% | 32% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In general since our creation as a company we have used 30 days from date of invoice whilst we create a credit history -some novated contracts have longer payment terms (e.g. 90 days) which means our average is a blend within the 30 to 90 day range
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
90
We have a dedicated administration for accounts payable that intercepts queries from suppliers and intercedes with our procurement department to generate a dialogue. We rely on good faith and the high quality nature of the goods and services we provide to maintain a ethical policy of procurement which includes a commitment to dispute resolution as part of the general terms and conditions of trade of Bespak.
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.
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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
RECIPHARM HC LIMITED is a leading contract development and manufacturing organization (CDMO) in the pharmaceutical and biotechnology industry. The company offers a wide range of services including drug development, manufacturing, packaging, and supply chain management.
As part of their sustainability program, RECIPHARM HC LIMITED is committed to reducing its environmental impact and promoting sustainable practices throughout its operations. This includes investing in renewable energy sources, implementing efficient waste management systems, and promoting responsible sourcing of materials.
The company's product portfolio includes a range of generic and branded pharmaceuticals, as well as medical devices and dietary supplements. They also offer specialized services such as formulation development, analytical testing, and clinical trial supply.
The key people at RECIPHARM HC LIMITED include CEO Thomas Eldered, Executive Vice President, and Head of Development and Technology Annelie Aava Vikner, and Executive Vice President and Head of Operations Carl-Johan Spak.
For more information on their products and services, interested parties can visit the company's website at www.recipharm.com. The registered office address for RECIPHARM HC LIMITED is 8-10 Crane Street, Cheadle, Cheshire, SK8 6QS, United Kingdom.
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