SIEMENS PLC
Company Information
- Company Number
- 00727817
- Registered Address
- Pinehurst 2 Pinehurst Road, Farnborough, Hampshire, United Kingdom, GU14 7BF
- Status
- Active
- Employee Count
- 2,145
- Turnover
- £536,422,000
- EBITDA
- £24,794,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 25 June 1962
- Nature of Business
- 26110 - Manufacture of electronic components26512 - Manufacture of electronic industrial process control equipment27110 - Manufacture of electric motors, generators and transformers27120 - Manufacture of electricity distribution and control apparatus
- Industries
- Hardware
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SIEMENS PLC exhibits a strong trend of prompt payments, with an average payment time of just 19 days. A significant 78% of invoices are paid within 30 days, indicating consistent adherence to favorable payment schedules for most transactions. This trajectory suggests reliable and relatively quick turnaround for the majority of supplier invoices.
Volatility Analysis
Despite the strong average, 15% of payments extend beyond 60 days, introducing a notable degree of unpredictability for a portion of invoices. The overall 10% late payment rate, alongside 7% paid between 31-60 days, indicates moderate volatility that could impact a supplier's cash flow planning. Suppliers should be aware of this variability, especially for critical cash flow needs.
Summary Analysis
Overall, SIEMENS PLC presents a generally favorable payment risk profile for suppliers, driven by its strong average payment time. Key decision factors include a supplier's ability to absorb the potential delays for the 15% of invoices paid over 60 days. Risk mitigation could involve setting appropriate credit terms or proactive follow-up for invoices approaching the 60-day mark.
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 | 22 | 73% | 10% | 17% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 21 | 76% | 7% | 17% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 22 | 75% | 6% | 19% | 8% |
| 01 Oct 2022 - 31 Mar 2023 | 01 May 2023 | 24 | 77% | 6% | 17% | 12% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 24 | 77% | 6% | 17% | 16% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 22 | 78% | 6% | 16% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 22 | 77% | 6% | 17% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 23 | 76% | 6% | 18% | 14% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 26 | 68% | 11% | 21% | 19% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 30 | 62% | 16% | 22% | 15% |
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
The payment terms are assigned by the Business units on a case by case basis. Payment terms usage Intercompany clearing transactions paid immediately in the month following the month of invoice receipt 74%. Note: Intercompany clearing terms are available to Siemens companies only and are cleared via cash pooling without transmission of money outside of Siemens cash pool. 3rd party payment terms usage :Payable in 60 days 12%, Payable in 30 days 7%, Payable in 90 days 5%, Payable in 120 Days 1%, Remainder of transactions with payments terms of less than 1% occurrence. 180 days is the longest payment term in use and has an occurrence less than 1% of total transactions. > KPI's excluding ICC clearing) are stated as follows: Average days to pay : 59 days ,Payment timing 0-30 days 16%,31-60 days 28%,61 days plus 56% Late invoices : 21%
Were there any changes to the standard payment terms in the reporting period?
On a case by case basis a few supplier payment terms were changed after consultation
Any other information about payment terms
Early settlement discounts are applied as agreed with the suppliers and range from 1% to 3% based upon the timing of payments. During the reporting period at least 1% of the overall transactions showed pre-agreed discounts with the suppliers.
Maximum contractual payment period agreed
180
Dispute Resolution Process
1) Central Accounts Payable (AP) team for payment enquiries, contact points via phone/e-mail/supplier portal. Relevant details are on Purchase Orders. a) Tel: 0845 602 6873 b) E-mail apsupport-gbandi.in@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 5) Special team deals with ‘final demand’ cases and legal notices
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.
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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?
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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 PLC is an active Public Limited Company, incorporated to conduct business operations in the United Kingdom.
The company holds company number 00727817 and was incorporated on 25 June 1962. Its registered office is located at Pinehurst 2 Pinehurst Road, Farnborough, Hampshire, GU14 7BF, within the South East of the United Kingdom.
Public limited companies in the UK typically engage in large-scale commercial operations across diverse sectors. They are characterised by their ability to raise capital from the public and offer a wide array of products and services to both businesses and consumers.
