BIOMET UK LIMITED
Company Information
- Company Number
- 01019715
- Registered Address
- Waterton Industrial Estate, Bridgend, South Wales, CF31 3XA
- Status
- Active
- Employee Count
- 530
- Turnover
- £89,627,000
- EBITDA
- £6,886,000
Additional Details
- Website
- https://biomet.bg/
- Company Type
- Private limited Company
- Incorporated On
- 4 August 1971
- Nature of Business
- 25610 - Treatment and coating of metals25620 - Machining32500 - Manufacture of medical and dental instruments and supplies
- Industries
- Life Sciences And Medical Technology
- Region
- Wales
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 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 2021 - 30 Jun 2021 | 28 Jul 2021 | 49 | 31% | 51% | 18% | 29% |
| 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% |
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
60 days from date of invoice. 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
Dispute Resolution Process
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.
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
BIOMET UK LIMITED is a British company that specializes in providing orthopedic products and services. They are committed to sustainability and have implemented various programs to reduce their environmental impact.
Their sustainability program includes initiatives such as waste reduction, energy efficiency, and responsible sourcing of materials. They also have a recycling program for their products and packaging materials. Additionally, they have invested in renewable energy sources to power their operations.
The company offers a wide range of orthopedic products, including joint replacement systems, sports medicine solutions, and trauma products. They also provide surgical techniques and training for healthcare professionals.
The key people at BIOMET UK LIMITED include the managing director, Andrew Paul, and the finance director, Mark Watters. They have a team of experienced orthopedic surgeons and engineers who work together to develop innovative and high-quality products.
Customers can contact BIOMET UK LIMITED through their website, which provides information on their products and services, as well as their sustainability efforts. The registered office address for the company is 27 Church Road, Stanmore, Middlesex HA7 4AR.
In conclusion, BIOMET UK LIMITED is a leading orthopedic company in the UK that is committed to sustainability and providing high-quality products and services to its customers. With a strong team of professionals and a focus on sustainable practices, they continue to make a positive impact in the healthcare industry.
