Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 28 Jan 2026 | 88 | 33% | 33% | 34% | 45% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 52 | 39% | 37% | 24% | 31% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jul 2025 | 52 | 34% | 46% | 20% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 50 | 41% | 46% | 13% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 52 | 36% | 46% | 19% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 59 | 35% | 46% | 19% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 51 | 39% | 40% | 21% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 52 | 35% | 46% | 19% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 46 | 37% | 49% | 14% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 49 | 31% | 51% | 18% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 52 | 26% | 41% | 33% | 48% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 51 | 26% | 42% | 32% | 49% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 45 | 37% | 52% | 11% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 48 | 34% | 52% | 14% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 55 | 25% | 49% | 26% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 55 | 22% | 49% | 29% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days from invoice date. 3% discount if paid within 15 days, otherwise full payment within 75 days.
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
75
Unpaid invoices are investigated to understand the root cause. If an invoice is received without a purchase order or goods receipt, the invoice is first directed to the team member who raised the invoice to ensure the goods have been received and the invoice is appropriate to pay. Once a three way match has been achieved, the invoice will be processed and paid. If there is a price or quantity difference, this is referred to the purchase requestor and resolved before the invoice is processed and paid.
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
Biomet UK Limited is a UK-registered company based in Bridgend, South Wales, incorporated in 1971 and currently active. Its recorded business activities cover the treatment and coating of metals, machining, and the manufacture of medical and dental instruments and supplies. Structured company records classify it within manufacturing and medical devices and instruments industries. No further first-party description of its specific products, customers or trading name was available in the evidence supplied; the website content found under a similar brand name related to an unrelated Bulgarian transport and logistics business and has not been used to characterise this company's operations.
Generated from the company's website and Companies House records.