CATALENT U.K. SWINDON ZYDIS LIMITED
Company number: SC070691
Reporting period:
1 July 2020 to 31 December 2020
Report filed on:
25 January 2021
Approved by:
Kirk Walsh
Payment statistics
Average time taken to pay invoices: 61 days
Invoices paid:
- within 30 days: 20%
- in 31 to 60 days: 45%
- in 61 days or more: 35%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 60%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
Answer not provided
Standard payment terms
Payment terms are agreed with each individual supplier based on their commercial situation and are not specifically dependent on their product/service or company size.
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
Complaints or concerns on non-payment are initially received and dealt with by the company's Finance department. Where possible simple, straight forward issues, for example administrative errors, will be resolved without the need for further escalation. Disputes involving more complex issues such as non-performance, pricing discrepancies or breach of contractual terms will be referred to the company's Commercial or Operations teams to liaise with the supplier and resolve. If required, disputes will be escalated to the company's Leadership team and/or Legal department to negotiate and resolve the issues arising.
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.
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