COCHLEAR EUROPE LIMITED

PaymentCheck Score 2025
93Excellent
0.5vs last year
#664 in UK
#104 in South East

Company Information

Company Number
03874867
Registered Address
6 Dashwood Lang Road, Bourne Business Park, Addlestone, Surrey, KT15 2HJ
Status
Active
Employee Count
176
Turnover
£317,041,000
EBITDA
£14,728,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 November 1999
Nature of Business
86900 - Other human health activities
Industries
Healthcare And Wellbeing
Region
South East

Time to Pay

Average Time to Pay
21 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
94%
31-60 Days
4%
After 60 Days
2%
Not Paid Within Terms6%

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: 2024-07-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252293%6%1%7%
01 Jul 2024 - 31 Dec 202431 Jan 20252394%4%2%6%
01 Jan 2024 - 30 Jun 202418 Jul 20242194%4%2%6%
01 Jan 2023 - 30 Jun 202326 Jul 20232695%4%1%5%
01 Jul 2022 - 31 Dec 202219 Jan 20233195%3%2%5%
01 Jan 2022 - 30 Jun 202223 Aug 20223192%6%2%8%
01 Jul 2021 - 31 Dec 202128 Jan 20222992%6%2%8%
01 Jan 2020 - 30 Jun 202005 Aug 20201387%10%3%13%

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 net

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

60

Dispute Resolution Process

Disputes are managed between the Finance department and the Cochlear contact for the particular vendor.

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

COCHLEAR EUROPE LIMITED is a leading medical device company that specializes in the development, manufacturing and distribution of hearing implants for people with hearing loss. The company is headquartered in Addlestone, Surrey, and operates throughout Europe.

The company's sustainability program focuses on reducing their environmental impact through initiatives such as energy-efficient manufacturing processes, waste reduction and responsible sourcing. They also have a strong commitment to their employees' well-being and promote diversity and inclusion within their workforce.

COCHLEAR EUROPE LIMITED offers a range of innovative products and services, including the Cochlear implant, which is designed to provide a sense of sound for individuals with severe to profound hearing loss. They also offer a variety of support services, such as rehabilitation and counseling, to help patients adjust to their new hearing capabilities.

The key people at COCHLEAR EUROPE LIMITED include the Managing Director, who oversees the overall operations of the company, and the Director of Sales and Marketing, who leads the sales and marketing strategies for their products and services.

For more information on COCHLEAR EUROPE LIMITED, including their products, services, and sustainability efforts, you can visit their website at www.cochlear.com/uk. Their registered office address is Building 4, Royal Earlswood Park, Redhill Road, Surrey KT16 0PS, United Kingdom.

Financial Metrics

Cash
£7,270,000
Net Worth
£70,565,000
Total Current Assets
£90,595,000
Total Current Liabilities
£38,951,000

Company Location