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NAPP PHARMACEUTICAL GROUP LIMITED

Company number: 00884285

Reporting period:
1 July 2023 to 31 December 2023

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This information is as reported by the business, and responses are in their own words.

This report was filed on 31 January 2024

and approved by Stephen Jamieson

Payment statistics

This company stated that it entered into qualifying contracts in the reporting period, but did not make any payments.

Invoices due but not paid within agreed terms: 100 %

Payment terms

Standard payment period for qualifying contracts

90 days

Standard payment terms

The default position remains unchanged and is 90 days, however there may be changes to this default position on a case-by-case basis pending agreement with suppliers.

On a case-by-case basis, payment terms to suppliers may be immediate payment or payment on terms within 7, 14, 30 or 60 days.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

90 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 NPG, please email the following details below, to napp.apqueries@mundipharma.com

a. Full supplier name, address;
b. The name of your NPG 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, NPG commits to acknowledge receipt of your email within five working days, and may request further information to be able to respond in full;

NPG will investigate your query using the details provided and speak with relevant members of NPG’s business, including members of NPG’s legal department if necessary, and respond in full within 14 days of the date of NPG’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.

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.

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