MUNDIBIOPHARMA LIMITED
Company number: 09273949
Reporting period:
1 January 2023 to 30 June 2023
Report filed on:
20 July 2023
Approved by:
Bryan Lea
Payment statistics
Average time taken to pay invoices: 33 days
Invoices paid:
- within 30 days: 82%
- in 31 to 60 days: 17%
- in 61 days or more: 1%
Late and disputed:
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms are 60 days from date of invoice.
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
As a supplier, if you have a query or dispute relating to a payment you believe is owed to you by Mundibiopharma Limited, please email the following details below, to MBL.APQueries@mundipharma.com: a. Full supplier name, address; b. The name of your Mundibiopharma Limited point of contact; c. Invoice number for the payment you are querying; d. Full details of your complaint; e. Upon receipt of all of the above details, Mundibiopharma Limited commits to acknowledge receipt of your email within five working days, and may request further information to be able to respond in full; Mundibiopharma Limited will investigate your query using the details provided and speak with relevant members of the business, including members of the legal department if necessary, and respond in full within 14 days of the date of our acknowledgement to you.
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