B. BRAUN MEDICAL LIMITED
Company Information
- Company Number
- 02296559
- Registered Address
- Brookdale Road, Thorncliffe Park Estate, Chapeltown, Sheffield, S35 2PW
- Status
- Active
- Employee Count
- 729
- Turnover
- £200,475,000
- EBITDA
- £9,565,000
Additional Details
- Website
- https://bahnomeeting.com/
- Company Type
- Private limited Company
- Incorporated On
- 14 September 1988
- Nature of Business
- 86900 - Other human health activities
- Industries
- Life Sciences And Medical Technology
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
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 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 34 | 35% | 59% | 6% | 65% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 35 | 27% | 66% | 7% | 73% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 34 | 26% | 68% | 6% | 74% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 35 | 28% | 66% | 6% | 72% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 39 | 27% | 51% | 22% | 73% |
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
We strive to make payment to our third party suppliers within 30 days. This is controlled via supplier master data held within our SAP system.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Given that our business makes weekly BACS payment runs, there are a large volume of payments that are received by suppliers within 5 days of our 30 day target. Taking this factor into account, the percentage of invoices that were paid outside terms would reduce to c. 39% in this reporting period (along with a significant reduction in the value). Our system records only the date stated on the invoice, the date the invoice is approved for payment; and the payment date itself. Our SAP system does not record the date the invoice is physically received. We have based our measurements on the stated invoice date, and on the assumption that all suppliers have 30 day payment terms. We have therefore been prudent in this report.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoice queries are usually raised either on management review (via a web-based invoice approval portal), or due to discrepancies between invoices and our purchase order (system based control). In either case, or Accounts Payable/Purchasing teams will discuss with suppliers on a case by case basis to reach a resolution. There is no fixed timescale target, however a report of blocked invoices is reviewed weekly to identify issues that need to be escalated. We have not adjusted our late payment statistics for disputed invoices, so again have taken a prudent position.
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
B
Braun Medical Limited is a UK-based healthcare company that specializes in the production and distribution of medical devices and pharmaceutical products
The company was founded in 1979 and operates as a subsidiary of B
Braun Melsungen AG, a leading global healthcare company.\n\nB
Braun Medical Limited has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact
These include using renewable energy sources, reducing waste and emissions, and implementing sustainable procurement practices.\n\nThe company's product portfolio includes a wide range of medical devices such as needles, syringes, catheters, and infusion systems
These products are used in various medical fields such as anesthesia, intensive care, and surgery
B
Braun Medical Limited also offers pharmaceutical products, including antibiotics, painkillers, and anesthetics.\n\nThe key people at B
Braun Medical Limited include the Managing Director, Mr
Graham Thompson, and the Head of Human Resources, Ms
Alison Bate
They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.\n\nTo contact B
Braun Medical Limited, individuals can visit their website at www.bbraun.co.uk or reach out to their registered office at B
Braun Medical Limited, Thorncliffe Park, Chapeltown, Sheffield, S35 2PW, UK
The company also has a customer service team available to assist with any inquiries or concerns.\n\nIn summary, B
Braun Medical Limited is a reputable healthcare company in the UK that is committed to sustainability while providing a wide range of high-quality medical devices and pharmaceutical products
With a dedicated team of professionals and a strong focus on customer satisfaction, the company continues to make a positive impact in the healthcare industry
