CELLTECH R&D LIMITED
Company number: 01472269
Reporting period:
1 January 2024 to
30 June 2024
This report was filed on 19 July 2024
and approved by Yogesh Khatri
Payment statistics
Invoices due but not paid within agreed terms: 0%
Payment terms
Shortest standard payment periods
15 days
Longest standard payment period
90 days
Standard payment terms
UCB standard payment terms are 60 days for most vendors. Some vendors are paid on 30 days payment term.
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
Any complaints regarding payments, are to be logged with our Account Payables Team. It will be then raised the payments team cause and resolution will be investigated. If there is any escalation it will be referred the local accounts payables lead.
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.
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