GOV.UK
NAPP PHARMACEUTICAL GROUP LIMITED
Company number: 00884285
Reporting period:
1 January 2023
to 30 June 2023
This report was filed on 20 July 2023
and approved by Bryan Lea
Payment statistics
Average time taken to pay invoices: 18 days
Invoices paid:
- within 30 days: 100%
- in 31 to 60 days: 0%
- in 61 days or more: 0%
Invoices due but not paid within agreed terms: 33 %
Payment terms
Standard payment period for qualifying contracts
60 days
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
Maximum contractual payment period agreed
60 days
Any other information about payment terms
N/A
Dispute resolution process
As a supplier, if you have a query or dispute relating to a payment you believe is owed to you by Napp, please email the following details below, to accountspayable@napp.co.uk and NAPP.APQueries@mundipharma.com:
a. Full supplier name, address;
b. The name of your Napp 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, Napp commits to acknowledge receipt of your email within five working days, and may request further information to be able to respond in full;
Napp will investigate your query using the details provided and speak with relevant members of Napp’s business, including members of Napp’s legal department if necessary, and respond in full within 14 days of the date of Napp’s 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 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