SIEMENS HEALTHCARE DIAGNOSTICS PRODUCTS LTD
Company Information
- Company Number
- 02005794
- Registered Address
- Park View, Watchmoor Park, Camberley, Surrey, United Kingdom, GU15 3YL
- Status
- Active
- Employee Count
- 437
- Turnover
- £63,883,000
- EBITDA
- £6,904,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 April 1986
- Nature of Business
- 20590 - Manufacture of other chemical products not elsewhere classified32500 - Manufacture of medical and dental instruments and supplies
- Industries
- Life Sciences And Medical Technology
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 39 days indicates a mixed trend; while 46% of invoices are settled within 30 days, a significant 24% extend beyond 60 days. This suggests a bifurcated payment behavior, where a portion is timely but a considerable segment experiences substantial delays, pulling the average into an extended range.
Volatility Analysis
The payment data reveals notable volatility and unpredictability, with 25% of all payments classified as late and nearly a quarter (24%) exceeding 60 days. This high percentage of significantly delayed payments poses a considerable risk to supplier cash flow stability and forecasting accuracy.
Summary Analysis
Given the inconsistency, with nearly half of payments being prompt but a quarter being significantly delayed, suppliers should proceed with awareness of potential cash flow impacts. Key decision factors include the capacity to absorb extended payment cycles; implementing stricter payment terms or proactive collections for this client could mitigate risks.
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 | 30 Oct 2025 | 40 | 44% | 33% | 23% | 22% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 40 | 42% | 27% | 31% | 27% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 34 | 49% | 25% | 26% | 41% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 33 | 54% | 29% | 18% | 34% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 34 | 51% | 27% | 22% | 31% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 33 | 53% | 27% | 20% | 39% |
| 01 Apr 2019 - 30 Sept 2019 | 23 Oct 2019 | 35 | 52% | 37% | 11% | 30% |
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
90 Days is the standard term used for projects with a long term and agreed on a case by case basis . Includes Foreign suppliers with payments in Letters of Credits etc. Payment terms are assigned by the Business units on a case by case basis:- Payment terms usage :- Intercompany payment term paid immediatly in the month following the invoice recipet month 21%. Please note Intercompany clearing terms are available to Siemens companies only and payment method for such terms results in clearing of such transactions without any transmission of money external to Siemens cash pool.
Were there any changes to the standard payment terms in the reporting period?
90 Days is the standard term used for projects with a long term and agreed on a case by case basis . Includes Foreign suppliers with payments in Letters of Credits etc. During the period changes were made to payment terms for specific suppliers after consultation with suppliers. No payments terms were used where early settlement discounts were applied
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
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: +44 1 286 519 600 b) E-mail: apicc_474g_gb@siemens-healthineers.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 HEALTHCARE DIAGNOSTICS PRODUCTS LTD operates as an active private limited company specialising in healthcare diagnostics and related products.
The company was incorporated on 2 April 1986 and is registered under company number 02005794. Its registered office is situated at Park View, Watchmoor Park, Camberley, Surrey, GU15 3YL, within the South East region of the United Kingdom.
Companies within the healthcare diagnostics products sector typically provide a range of solutions, including diagnostic equipment, reagents, consumables, and associated software. These offerings support medical professionals and healthcare organisations in the accurate detection, monitoring, and management of various health conditions across the UK market.
