SIEMENS FINANCIAL SERVICES LIMITED
Company Information
- Company Number
- 00646166
- Registered Address
- Sefton Park, Bells Hill, Stoke Poges, Buckinghamshire, SL2 4JS
- Status
- Active
- Employee Count
- 242
- Turnover
- £208,542,000
- EBITDA
- £34,185,000
Additional Details
- Website
- https://finance.siemens.com
- Company Type
- Private limited Company
- Incorporated On
- 1 January 1960
- Nature of Business
- 64910 - Financial leasing
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 5 | 99% | 1% | 0% | 10% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 6 | 97% | 3% | 0% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 11 | 99% | 1% | 0% | 13% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 10 | 100% | 0% | 0% | 13% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 16 | 98% | 2% | 0% | 35% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 15 | 99% | 1% | 0% | 19% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 19 | 98% | 1% | 1% | 28% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 15 | 95% | 5% | 0% | 25% |
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
Payment terms are assigned by the Business units on a case by case basis. Payment terms usage is as follows , 81% were Intercompany invoices which get cleared in the next month due net. 3rd party payment terms usage as follows :- due within 30 days 16%, payable immediately 3% Please note Intercompany clearing terms are available to Siemens companies only and are cleared via cash pooling without transmission of money.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
During the period changes were made to payment terms for specific suppliers after consultation with suppliers.
Maximum contractual payment period agreed
30
Dispute Resolution Process
1) Payment enquries will be routed to our AP team through customer services, relevant details are on Purchase Orders. Tel: 01753 434126, Email: customer.sfs@siemens.com 2) AP liaise with supplier to obtain and process missing invoices (a) Check existing systems (scan provider/e- invoice provider/invoice process queue to see if invoice already in query and/or returned to suppler) 3) AP liaise with suppliers to confirm payment details (past and upcoming) 4) AP liaise with approvers to release overdue invoices for payment
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
SIEMENS FINANCIAL SERVICES LIMITED (SFS) is a leading financial services company that offers a range of solutions to support businesses across various industries. The company is a subsidiary of Siemens AG, a global technology and engineering company.
Sustainability is a key focus for SFS, and the company is committed to minimizing its environmental impact through various initiatives. This includes reducing carbon emissions, promoting renewable energy, and implementing sustainable sourcing and supply chain practices.
SFS offers a wide range of financial products and services, including asset finance, project and structured finance, and insurance solutions. These services are tailored to meet the specific needs of businesses, helping them to grow and thrive.
The company is led by a team of experienced professionals, including CEO Brian Riemer and CFO Richard Curtis. They are supported by a dedicated team of experts who work closely with clients to provide innovative and sustainable financial solutions.
For more information about SFS and its services, you can visit their website at www.siemens.com/finance or contact them at their registered office at 5th Floor, 2 Grand Canal Square, Grand Canal Harbour, Dublin 2, Ireland.
Overall, SIEMENS FINANCIAL SERVICES LIMITED is a leading financial services company, committed to sustainability and providing tailored solutions to support businesses in achieving their goals.
