SIEMENS HEALTHCARE DIAGNOSTICS LTD

PaymentCheck Score 2025
58Fair
2.3vs last year
#3241 in UK
#531 in South East

Company Information

Company Number
03050664
Registered Address
Park View, Watchmoor Park, Camberley, Surrey, United Kingdom, GU15 3YL
Status
Active
Employee Count
0
Turnover
£115,215,000
EBITDA
£20,784,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 April 1995
Nature of Business
20590 - Manufacture of other chemical products not elsewhere classified
26511 - Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
Industries
Raw Materials And Intermediate Goods
Region
South East

Time to Pay

Average Time to Pay
46 days
Shortest Period:60 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
27%
31-60 Days
68%
After 60 Days
5%
Not Paid Within Terms13%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202529 Oct 20254128%71%1%10%
01 Oct 2024 - 31 Mar 202528 Apr 20254627%68%5%13%
01 Oct 2023 - 31 Mar 202429 Apr 20244425%70%5%13%
01 Apr 2023 - 30 Sept 202327 Oct 20234623%67%10%15%
01 Apr 2022 - 30 Sept 202228 Oct 20223839%59%2%12%
01 Oct 2021 - 31 Mar 202229 Apr 20223642%58%0%12%
01 Apr 2021 - 30 Sept 202126 Oct 20213935%64%1%16%
01 Oct 2020 - 31 Mar 202128 Apr 20214330%63%7%12%
01 Apr 2019 - 30 Sept 201929 Oct 20193637%61%2%24%
01 Apr 2018 - 30 Sept 201831 Oct 20183639%60%1%18%

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

Usage of payment terms in the reporting period is as follows :- Payable within 60 days Due net 68%, Payable within 30 days Due net 27%, Payable within 45 days Due net 5%. 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

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: 01276 696683 / b) E-mail joanne.lucas@siemens-healthineers.com 2) AP liaise with supplier to obtain and process missing invoicesa) 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.

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

Siemens Healthcare Diagnostics Ltd is a leading global healthcare company that provides innovative products and services in the field of medical diagnostics. With a focus on sustainability, the company is committed to improving the quality of healthcare while reducing its impact on the environment.

The company offers a wide range of products and services, including laboratory and point-of-care diagnostics, imaging systems, and clinical consulting. Their products and solutions are used in hospitals, clinics, reference laboratories, and research facilities around the world. They also provide training and support services to healthcare professionals to ensure efficient use of their products.

Some of the key people at Siemens Healthcare Diagnostics Ltd include Dr. Bernd Montag, the CEO, and Dr. Marc Klinkhamer, the Head of Global Medical Affairs. These leaders bring a wealth of experience and expertise to the company and are committed to driving innovation and sustainability in the healthcare industry.

Siemens Healthcare Diagnostics Ltd has a strong sustainability program in place, which focuses on reducing their environmental footprint through eco-friendly products, energy-efficient operations, and responsible waste management. They also prioritize the health and safety of their employees and invest in community development projects.

The company's website is www.siemens-healthineers.com, where customers can find information about their products, services, and sustainability initiatives. Their registered office address is Siemens Healthcare Diagnostics Ltd, Sir William Siemens Square, Frimley, Camberley, Surrey, GU16 8QD, United Kingdom.

In summary, Siemens Healthcare Diagnostics Ltd is a leading healthcare company with a commitment to sustainability and innovation. With a wide range of products and services, experienced leadership, and a focus on environmental responsibility, the company continues to make a positive impact in the healthcare industry.

Financial Metrics

Cash
£0
Net Worth
£15,216,000
Total Current Assets
£28,338,000
Total Current Liabilities
£32,883,000

Company Location