VIFOR PHARMA UK LIMITED
Company number: 06514784
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
29 January 2026
Approved by:
Steve Allan
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 4 days
Total value paid:
- within 30 days: £11,092,720 (99%)
- in 31 to 60 days: £48,388 (< 1%)
- in 61 days or more: £46,040 (< 1%)
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 6%
- in 61 days or more: 4%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £648,029
- payments due in the reporting period which have not been paid within the agreed period: 24%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
Where the supplier does not explicitly state their payment terms the Companyuses its own standard payment terms, which are 60 days from the date of theinvoice. For intercompany invoices the standard terms are either 60days or 30days. For all other suppliers the terms are taken from those stipulated on theinvoice and range from0 (immediate payment) to 30 days. Payment runs areperformed each week and all those invoices which are identified by the system(terms are maintained in the master data) as due and those which will becomedue in the following week are flagged for payment. A BACS run is performed onthe same day with payment reaching the supplier within the next few days.Priority/same day payments are also performed as and when required.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Disputes are rare and resolution is handled on a case-by-case basis. Thecompany seeks to resolve disputes as quickly as possible.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No