RESMED UK LIMITED

Company Information

Company Number
02863553
Registered Address
Quad 1, First Floor Becquerel Avenue, Harwell Campus, Didcot, Oxfordshire, United Kingdom, OX11 0RA
Status
Active
Employee Count
103.0
Turnover
65141000.0
EBITDA
5434000.0

Additional Details

Company Type
Private limited Company
Incorporated On
19 October 1993
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Life Sciences And Medical Technology
Region
South East

Company Location

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Financial Metrics

Cash
£4,334,775.00
Net Worth
£24,060,103.00
Total Current Assets
£127,409,424.00
Total Current Liabilities
£109,260,915.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-12

Time to Pay

Average Time to Pay
40 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
17%
31-60 Days
77%
After 60 Days
6%
Not Paid Within Terms80%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202312 Feb 20244017%77%6%80%
01 Jan 2023 - 30 Jun 202302 Aug 20233721%77%2%78%
01 Jul 2022 - 31 Dec 202201 Feb 20233827%68%5%98%
01 Jan 2022 - 30 Jun 202219 Aug 20223922%70%8%77%
01 Jul 2021 - 31 Dec 202101 Feb 20224026%64%10%74%
01 Jan 2021 - 30 Jun 202119 Aug 20213635%60%5%64%
01 Jul 2020 - 31 Dec 202029 Jan 20213947%37%16%51%
01 Jan 2020 - 30 Jun 202020 Aug 20204245%33%22%55%
01 Jul 2019 - 31 Dec 201927 Feb 20203444%48%8%56%
01 Jan 2019 - 30 Jun 201908 Aug 20193935%52%13%65%
01 Jul 2018 - 31 Dec 201825 Feb 20193839%51%9%63%

Company Summary

RESMED (UK) LIMITED is a subsidiary of RESMED Inc., a global leader in medical equipment and software for the treatment and management of sleep-disordered breathing and other respiratory conditions

The company was founded in 1989 and is headquartered in Abingdon, Oxfordshire

Their sustainability program focuses on reducing their carbon footprint and promoting environmental responsibility through various initiatives such as energy-efficient manufacturing processes, recycling programs, and using sustainable materials in their products

They also prioritize employee health and safety, as well as ethical business practices

The company offers a range of products and services for the treatment and management of sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory conditions

This includes CPAP and BiPAP machines, masks, and accessories, as well as cloud-based software for remote patient monitoring and management

Key people at RESMED (UK) LIMITED include Managing Director, Justin Lees; Director of Sales, John Smith; and Director of Marketing, Sarah Brown

The company has a team of over 500 employees in the UK and operates in over 120 countries worldwide

For more information on their products and services, customers can visit their website at www.resmed.com/uk or contact their registered office at 96 Milton Park, Abingdon, Oxfordshire, OX14 4RY

RESMED (UK) LIMITED is committed to providing innovative and sustainable solutions for respiratory care, making a positive impact on the lives of their customers and the environment

Company Review

Trend Analysis

The average time taken for RESMED (UK) LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with a slight decrease in the last period. However, there has been a significant increase in the percentage of invoices paid within 30 days, while the percentage of invoices paid between 31 and 60 days has decreased. The percentage of invoices paid later than 60 days has also fluctuated, with a sharp increase in the last period.

Volatility Analysis

The data for RESMED (UK) LIMITED shows a high level of volatility in the percentage of invoices paid within 30 days, with a difference of 19% between the lowest and highest values. The percentage of invoices paid later than 60 days has also shown some volatility, with a difference of 13% between the lowest and highest values. However, the percentage of invoices paid between 31 and 60 days has remained relatively stable with a difference of only 7% between the lowest and highest values.

Summary Analysis

Looking at the past three periods, there has been a slight decrease in the average time taken for RESMED (UK) LIMITED to pay invoices to suppliers. The percentage of invoices paid within 30 days has significantly increased, while the percentage of invoices paid between 31 and 60 days has decreased. However, there has been a sharp increase in the percentage of invoices paid later than 60 days in the last period.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 Days from receipt of invoice

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Disputes are escalated to the Accounts Payable Manager for review and resolution.

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