ELEKTA LIMITED

PaymentCheck Score 2021
42Poor
2.9vs last year
#4860 in UK
#93 in Life Sciences And Medical Technology
#840 in South East

Company Information

Company Number
03244454
Registered Address
Linac House, Fleming Way, Crawley, West Sussex, RH10 9RR
Status
Active
Employee Count
70
Turnover
£354,612,000
EBITDA
£33,162,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 September 1996
Nature of Business
32500 - Manufacture of medical and dental instruments and supplies
Industries
Life Sciences And Medical Technology
Region
South East

Time to Pay

Average Time to Pay
63 days
Shortest Period:1 days
Longest Period:110 days
Max Contractual:110 days

Payment Timeline

Within 30 Days
22%
31-60 Days
53%
After 60 Days
25%
Not Paid Within Terms36%

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: 2021-11-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2021 - 31 Oct 202116 Nov 20216322%53%25%36%
01 Nov 2020 - 30 Apr 202124 May 20215627%48%25%40%
01 May 2020 - 31 Oct 202012 Jan 20215728%47%25%37%
01 May 2019 - 31 Oct 201928 Nov 20195920%44%35%30%
01 Nov 2018 - 30 Apr 201913 May 20195719%44%37%40%
01 May 2018 - 31 Oct 201813 Nov 20185320%47%33%28%
01 May 2017 - 31 Oct 201720 Nov 20175916%47%37%49%

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

45 days for indirect spend and 75 days for direct spend.

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

110

Dispute Resolution Process

- Raise the issue with the supplier (person responsible for the purchase). - Pay the invoice when the issue is resolved; or - Process the credit note when the issue is resolved.

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

ELEKTA LIMITED is a global medical technology company that specializes in developing and providing innovative solutions for cancer treatment and management. Founded in 1972, the company is headquartered in Stockholm, Sweden and has operations in over 100 countries.

The company's main focus is on providing advanced radiotherapy, radiosurgery, and brachytherapy equipment and software to healthcare facilities. These solutions are designed to improve the accuracy and effectiveness of cancer treatments while minimizing side effects for patients. ELEKTA also offers training and support services to help healthcare professionals utilize their products effectively.

Sustainability is a key aspect of ELEKTA's operations, and the company has a dedicated sustainability program in place. This includes initiatives to reduce carbon footprint, promote ethical and responsible business practices, and support the communities where they operate. ELEKTA also strives to develop products that are energy-efficient and environmentally friendly.

The company's leadership team includes CEO Gustaf Salford, CFO Gustaf Hedlund, and CTO Richard Hausmann. ELEKTA has a team of over 4,000 employees worldwide who are committed to delivering innovative and sustainable solutions for cancer care.

For more information on ELEKTA's products and services, visit their website at www.elekta.com. The company's registered office address is Elekta Limited, Elekta House, Fleming Way, Crawley, West Sussex, RH10 9RR, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
-£133,814,000
Total Current Assets
£181,621,000
Total Current Liabilities
£351,805,000

Company Location