Industry ranking
| 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 2021 - 31 Dec 2021 | 04 Jan 2022 | 37 | 35% | 56% | 9% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 37 | 36% | 53% | 10% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 02 Mar 2021 | 35 | 45% | 44% | 11% | 33% |
| 01 Jan 2020 - 30 Jun 2020 | 02 Mar 2021 | 30 | 54% | 40% | 6% | 30% |
| 01 Jul 2019 - 31 Dec 2019 | 02 Mar 2021 | 27 | 76% | 20% | 4% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Mar 2021 | 24 | 81% | 15% | 4% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 02 Mar 2021 | 24 | 85% | 13% | 3% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Mar 2021 | 25 | 82% | 13% | 4% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are Net30, though other terms, including discount or longer terms, can be negotiated
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
60
Cerner maintains dedicated email address for AP Payment related issues. Disputes are worked out between the buyer and vendor, referring to the contract if necessary.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Cerner Limited is a UK company registered under SIC code 62090, other information technology service activities, and operates within the healthcare technology sector. It was originally incorporated as Law 300 Limited before adopting its current name. Public contract records show it has supplied electronic patient record and laboratory information management systems to NHS trusts, including contracts worth tens of millions of pounds. The company is controlled by Marcellino Limited and its registered office is at Oracle Parkway, reflecting its position within the wider Oracle corporate group. It functions as the UK entity delivering healthcare IT systems rather than as a standalone trading brand.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk