GE MEDICAL SYSTEMS LIMITED

PaymentCheck Score 2025
34Poor
1.7vs last year
#4293 in UK
#731 in South East

Company Information

Company Number
00252567
Registered Address
Pollards Wood, Nightingales Lane, Chalfont St. Giles, Buckinghamshire, United Kingdom, HP8 4SP
Status
Active
Employee Count
766
Turnover
£348,567,000
EBITDA
£15,782,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 December 1930
Nature of Business
46900 - Non-specialised wholesale trade
96090 - Other service activities not elsewhere classified
Industries
Supply Chain
Region
South East

Time to Pay

Average Time to Pay
60 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
25%
31-60 Days
29%
After 60 Days
46%
Not Paid Within Terms66%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20256025%29%46%66%
01 Jul 2024 - 31 Dec 202428 Jan 20256129%25%46%64%
01 Jan 2024 - 30 Jun 202429 Jul 20245732%20%48%76%
01 Jan 2022 - 30 Jun 202228 Jul 20227619%24%57%60%
01 Jul 2021 - 31 Dec 202128 Jan 20227220%24%56%60%
01 Jan 2021 - 30 Jun 202129 Jul 20216525%25%50%57%
01 Jan 2020 - 30 Jun 202029 Jul 20207516%19%65%66%
01 Jan 2019 - 30 Jun 201929 Jul 20192084%4%13%15%
01 Jul 2018 - 31 Dec 201828 Jan 20191293%1%6%11%
01 Jan 2018 - 30 Jun 201826 Jul 20181885%3%12%12%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

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

Payment Terms

Standard payment terms

30 days is for individual healthcare professionals, 90 days for other vendors.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

150

Dispute Resolution Process

Accounts Payable and staff escalate any disputes to sourcing team who engage supplier to establish agreed terms.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

GE Medical Systems Limited is a leading global provider of medical equipment and services. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes energy-efficient products, waste reduction efforts, and recycling programs. They also strive to continuously improve their manufacturing processes to minimize their carbon footprint.

The company offers a wide range of products and services, including diagnostic imaging systems, patient monitoring systems, healthcare IT solutions, and medical device repair services. They cater to various medical fields such as cardiology, neurology, oncology, and more.

The key people at GE Medical Systems Limited include their CEO, Kieran Murphy, and their Chief Sustainability Officer, Amit Phadnis. They lead a team of dedicated professionals who work towards providing cutting-edge medical solutions while minimizing their environmental impact.

For more information on their products and services, you can visit their website at www.gehealthcare.com. Their registered office address is GE Healthcare UK Limited, Amersham Place, Little Chalfont, Buckinghamshire, HP7 9NA, United Kingdom.

In conclusion, GE Medical Systems Limited is a reputable company that prioritizes sustainability in its operations while providing top-notch medical equipment and services. Their commitment to innovation and sustainability makes them a trusted partner in the healthcare industry.

Financial Metrics

Cash
£572,000
Net Worth
£52,527,000
Total Current Assets
£128,829,000
Total Current Liabilities
£100,152,000

Company Location