OPELLA HEALTHCARE UK LIMITED

Company number: 12854035

Reporting period:
30 June 2022 to 30 December 2022

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This report was filed on 30 January 2023

and approved by Usman KHAN

Payment statistics

Average time taken to pay invoices: 74 days

Invoices paid:

• within 30 days: 11%
• in 31 to 60 days: 35%
• in 61 days or more: 54%

Invoices due but not paid within agreed terms: 45%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

90 days

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?

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

90 days

N/A

Any other information about payment terms

N/A

Dispute resolution process

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.

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, 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.

Yes

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.

Yes

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