GOV.UK
FUJIFILM DIOSYNTH BIOTECHNOLOGIES UK LIMITED
Company number: 05803359
Reporting period:
1 April 2020
to 30 September 2020
This report was filed on 23 October 2020
and approved by Paul Found
Payment statistics
Average time taken to pay invoices: 49 days
Invoices paid:
- within 30 days: 18%
- in 31 to 60 days: 71%
- in 61 days or more: 11%
Invoices due but not paid within agreed terms: 18 %
Payment terms
Shortest standard payment period
31 days
Longest standard payment period
61 days
Standard payment terms
Payment due on the last day of the month following the one in which the invoice is dated
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
61 days
Any other information about payment terms
N/A
Dispute resolution process
In the event that a vendor contacts us regarding late payment of an invoice, the AP team will establish the reason for the late payment, and chase up the relevant originator of the Purchase Order, prompting them to action any outstanding issues already highlighted e.g., PO needs renewing/increasing, goods need booking in, a price difference outside tolerance needs resolving. If any dispute needs raising with the vendor over any of these issues, it is the responsibility of the originator to raise such dispute, and/or request any proof of delivery, if required. However, the AP team will intervene and deal with the vendor direct in order to attempt to resolve persistently outstanding issues if it becomes necessary.
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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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