| 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 28 | 55% | 45% | 0% | 35% |
| 01 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 41 | 28% | 71% | 1% | 10% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 46 | 27% | 68% | 5% | 13% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 44 | 25% | 71% | 4% | 12% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 44 | 25% | 70% | 5% | 13% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 46 | 23% | 67% | 10% | 15% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | 41 | 30% | 66% | 4% | 13% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 38 | 39% | 59% | 2% | 12% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 36 | 42% | 58% | 0% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 39 | 35% | 64% | 1% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 43 | 30% | 63% | 7% | 12% |
| 01 Apr 2020 - 30 Sept 2020 | 26 Oct 2020 | 44 | 32% | 63% | 5% | 21% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 37 | 40% | 56% | 4% | 21% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 36 | 37% | 61% | 2% | 24% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 38 | 37% | 60% | 3% | 14% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 36 | 39% | 60% | 1% | 18% |
| 01 Oct 2017 - 31 Mar 2018 | 18 Apr 2018 | 34 | 45% | 52% | 3% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Usage of payment terms in the reporting period is as follows :- Payable within 60 days Due net 69%, Payable within 30 days Due net 21%, Payable within 45 days Due net 9%. Remainder of the transactions are on Payment terms with less than 1% occurrence and include the longest used term of 90 days. ICC Clearing transactions have not been included in this reporting as these clearing transactions do not result in transmission of monies via an external bank account, and is only offered to companies part of Siemens cash pooling process. ICC clearing transactions do not represent underlying payment performance transactions. If we were to include the intercompany clearing transactions it would highly skew the KPI's and wouldn't adequately reflect our payment practices.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
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: 01276 696683 / b) E-mail joanne.lucas@siemens-healthineers.com2) AP liaise with supplier to obtain and process missing invoices) 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 payment5) Special team deals with ‘final demand’ cases and legal notices
Maximum contractual payment period agreed
90
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: 01276 696683 / b) E-mail joanne.lucas@siemens-healthineers.com2) AP liaise with supplier to obtain and process missing invoices) 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 payment5) Special team deals with ‘final demand’ cases and legal notices
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.
❌
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
SIEMENS HEALTHCARE DIAGNOSTICS LTD is an active private limited company, incorporated on 27 April 1995, based in the South East region. Registered business activity: Manufacture of other chemical products not elsewhere classified; Manufacture of electronic measuring, testing etc. equipment, not for industrial process control.
From Companies House records.