| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 22 Apr 2025 | 81 | 18% | 43% | 39% | 72% |
| 01 Jan 2024 - 30 Jun 2024 | 16 Jul 2024 | 86 | 23% | 38% | 39% | 71% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Feb 2024 | 0 | 0% | 0% | 0% | 68% |
| 01 Jan 2023 - 30 Jun 2023 | 15 Aug 2023 | 89 | 8% | 46% | 46% | 76% |
| 01 Aug 2022 - 31 Dec 2022 | 27 Mar 2023 | 81 | 13% | 55% | 32% | 77% |
| 01 Feb 2022 - 31 Jul 2022 | 12 Aug 2022 | 78 | 19% | 40% | 41% | 90% |
| 01 Aug 2021 - 31 Jan 2022 | 18 Feb 2022 | 80 | 19% | 40% | 41% | 91% |
| 01 Feb 2021 - 31 Jul 2021 | 16 Aug 2021 | 48 | 12% | 39% | 49% | 92% |
| 01 Aug 2020 - 31 Jan 2021 | 18 Mar 2021 | 30 | 20% | 59% | 21% | 82% |
| 01 Jan 2020 - 31 Jul 2020 | 01 Sept 2020 | 61 | 15% | 67% | 18% | 91% |
| 01 Aug 2019 - 31 Jan 2020 | 09 Mar 2020 | 61 | 20% | 59% | 21% | 82% |
| 01 Aug 2018 - 31 Jan 2019 | 26 Feb 2019 | 47 | 64% | 21% | 14% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 90 day
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
120
Usually suppliers are notified if the price is incorrect and a credit note is required.
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.
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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.
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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.
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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
SMITHS MEDICAL INTERNATIONAL LIMITED is a leading global medical device company that specializes in the development, manufacturing, and distribution of innovative medical devices and equipment. The company is committed to improving patient outcomes and enhancing healthcare delivery through its sustainable practices and high-quality products.
The company's sustainability program focuses on reducing its environmental impact by implementing eco-friendly manufacturing processes, reducing waste, and conserving energy. They also prioritize ethical sourcing and responsible supply chain management to ensure the safety and quality of their products. SMITHS MEDICAL INTERNATIONAL LIMITED has received several awards and certifications for their sustainability efforts, including ISO 14001 and ISO 9001.
The company offers a wide range of products and services, including infusion systems, vascular access devices, and respiratory care equipment. Their products are designed to meet the evolving needs of healthcare professionals and enhance patient care. SMITHS MEDICAL INTERNATIONAL LIMITED also provides training and education programs to support healthcare professionals in using their products effectively.
The key people at SMITHS MEDICAL INTERNATIONAL LIMITED include CEO Namal Nawana, who has over 20 years of experience in the medical device industry, and Chairman Andy Reynolds Smith, who has a wealth of business experience in the healthcare sector.
To learn more about SMITHS MEDICAL INTERNATIONAL LIMITED and their products, customers can visit their website at www.smiths-medical.com. The company's registered office address is Smiths Medical International Limited, 7 Airfield Road, Christchurch, Dorset, BH23 3TG, United Kingdom.