GE HEALTHCARE UK LIMITED

PaymentCheck Score 2021
100Excellent
73.2vs last year
#17 in UK
#5 in South East

Company Information

Company Number
03337033
Registered Address
Pollards Wood, Nightingales Lane, Chalfont St. Giles, Buckinghamshire, United Kingdom, HP8 4SP
Status
Active
Employee Count
22
Turnover
£16,466,000
EBITDA
£745,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 March 1997
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
5 days
Shortest Period:30 days
Longest Period:150 days
Max Contractual:165 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2021-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202129 Jul 20215100%0%0%0%
01 Jan 2020 - 30 Jun 202029 Jul 20208215%15%70%27%
01 Jan 2019 - 30 Jun 201929 Jul 20191490%2%8%4%
01 Jul 2018 - 31 Dec 201828 Jan 20191094%2%4%8%
01 Jan 2018 - 30 Jun 201826 Jul 20181588%2%9%7%

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

30 days is for individual healthcare professionals, 90 days for other vendors

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

165

Dispute Resolution Process

Accounts Payable and staff escalate any disputes to sourcing team who engage supplier to establish agreed terms.

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

GE Healthcare UK Limited is a leading healthcare company that provides innovative products and services to the medical industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

As part of its sustainability program, GE Healthcare UK Limited has set ambitious goals to reduce carbon emissions, energy consumption, and water usage. The company also focuses on waste reduction and recycling, as well as sustainable packaging for its products.

GE Healthcare UK Limited offers a wide range of products and services, including medical imaging equipment, diagnostic tools, and healthcare IT solutions. These products and services are designed to improve patient outcomes, increase efficiency, and reduce healthcare costs.

The key people at GE Healthcare UK Limited include Kieran Murphy, the President and CEO, and Catherine Estrampes, the President and CEO of Europe, Middle East and Africa. They are both dedicated to driving the company's growth and sustainability efforts.

The company's registered office address is in Amersham Place, Little Chalfont, Buckinghamshire, HP7 9NA. Their website address is www.gehealthcare.co.uk, where customers can find more information about their products and services, as well as contact details for support and inquiries.

In summary, GE Healthcare UK Limited is a leading healthcare company that is committed to sustainability and providing innovative products and services to improve patient outcomes. With a strong leadership team and a focus on reducing their environmental impact, the company continues to be a trusted partner in the healthcare industry.

Financial Metrics

Cash
£0
Net Worth
£15,747,000
Total Current Assets
£21,852,000
Total Current Liabilities
£12,772,000

Company Location