SIEMENS INDUSTRY SOFTWARE LIMITED
Company Information
- Company Number
- 03476850
- Registered Address
- Pinehurst 2 Pinehurst Road, Farnborough, Hampshire, United Kingdom, GU14 7BF
- Status
- Active
- Employee Count
- 887
- Turnover
- £158,075,000
- EBITDA
- £24,037,000
Additional Details
- Website
- https://www.irayplugins.com/
- Company Type
- Private limited Company
- Incorporated On
- 1 December 1997
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 6 | 92% | 5% | 3% | 5% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 6 | 92% | 5% | 3% | 9% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 7 | 91% | 5% | 4% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 20 | 71% | 20% | 9% | 11% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 18 | 74% | 16% | 10% | 14% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 15 | 79% | 14% | 7% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 15 | 78% | 13% | 9% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 18 | 75% | 16% | 9% | 15% |
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
The payment terms are assigned by the Business units on a case by case basis:- Payment terms usage is as follows: 83% were only Intercompany clearing transactions due net end of the month (only available to Siemens intercompany), 6% within 30 days, 4% Within 60 days from Invoice received,3% within 90 days, 1% immidiate payments, 1% within 7 days and 1% within 14 days The remainder of payment terms were less than 1% and range to max of 180 days. Note: Intercompany clearing terms are available to Siemens companies only and payment method for such terms results in clearing of such transactions without any transmission of money external to Siemens cash pool
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
During the period changes were made to payment terms for specific suppliers after No payments terms were used where no early settlement discounts were applied
Maximum contractual payment period agreed
180
Dispute Resolution Process
1) Central Accounts Payable (AP) team for payment enquiries, contact points via e-mail. Relevant Orders, usually the address of the business unit. E-mail: payments-disw.pt@siemens.com 2) AP liaise with supplier to obtain and process missing invoices a) Check existing systems (scan provider - Brainware/invoice process queue to see if invoice rejected invoices - workflow NextGen) 3) AP liaise with suppliers to confirm payment details (past and upcoming) 4) AP liaise with approvers to release overdue invoices for payment 5) AP team contact the vendor and try to solve the issue together with the business unit
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 INDUSTRY SOFTWARE LIMITED is a leading global provider of software solutions and services for the industrial sector. The company is a subsidiary of Siemens AG, a multinational conglomerate based in Germany.
The company's sustainability program is focused on reducing carbon emissions and promoting energy efficiency. They have implemented various initiatives such as using renewable energy sources, optimizing their production processes, and promoting sustainable supply chain practices.
SIEMENS INDUSTRY SOFTWARE LIMITED offers a wide range of products and services, including digitalization solutions, engineering software, and industrial automation tools. Their software solutions help companies to improve their operational efficiency, reduce costs, and enhance their overall performance.
Key people at SIEMENS INDUSTRY SOFTWARE LIMITED include CEO Tony Hemmelgarn and CFO Eilbeck Andrew. They lead a team of highly skilled professionals who are committed to delivering innovative and sustainable solutions to their clients.
The company's website address is https://www.siemens.com/global/en/home/company/about/businesses/digital-industries/sisw.html and their registered office address is Sir William Siemens House, Princess Road, Manchester M20 2UR, United Kingdom. Customers and stakeholders can reach out to the company through their website or contact their registered office for any inquiries or support.
In conclusion, SIEMENS INDUSTRY SOFTWARE LIMITED is a leading provider of innovative and sustainable software solutions for the industrial sector. Their commitment to sustainability, range of products and services, and leadership team make them a trusted partner for companies looking to improve their operational efficiency and reduce their environmental impact.
