Industry ranking
| 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 | 19 Jul 2024 | 79 | 8% | 27% | 65% | 53% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Feb 2024 | 57 | 20% | 42% | 38% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 85 | 8% | 38% | 54% | 49% |
| 30 Jun 2022 - 30 Dec 2022 | 30 Jan 2023 | 74 | 11% | 35% | 54% | 45% |
| 31 Dec 2021 - 29 Jun 2022 | 01 Aug 2022 | 65 | 10% | 45% | 45% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 90 days from the date of receipt of a valid and correct invoice.
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
90
In the first instance disputes will be received by our Invoice processing contact centre at the defined email address or telephone number printed on every Purchase Order. Queries will then be forwarded to the requester of the service/goods for information and evaluation. Failure to meet resolution will be escalated to the Head of Purchase to Pay and include the specific Category Buyer for the service/goods that is responsible for the vendor relationship.
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.
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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
Opella Healthcare UK Limited is a private limited company registered in Reading, incorporated in September 2020. Companies House records its nature of business as the wholesale of pharmaceutical goods. The company is part of a wider corporate group, with Companies House and Legal Entity Identifier records confirming an ultimate parent entity, though that parent's identity is not publicly disclosed in the filings. No further detail on specific products, brands or trading activity is available from the supplied evidence. The entity's registered office is at Thames Valley Park Drive, Reading, and it remains active, with directors of various nationalities recorded, none of whom are relevant to describing its trading function.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · lei.bloomberg.com