DRAEGER MEDICAL UK LIMITED

PaymentCheck Score 2023
47Poor
20.2vs last year
#4351 in UK
#85 in Life Sciences And Medical Technology
#310 in East of England

Company Information

Company Number
04310199
Registered Address
The Willows, Mark Road, Hemel Hempstead, Hertfordshire, HP2 7BW
Status
Active
Employee Count
0
Turnover
£58,860,000
EBITDA
£3,550,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 October 2001
Nature of Business
33190 - Repair of other equipment
46690 - Wholesale of other machinery and equipment
Industries
Life Sciences And Medical Technology, Supply Chain, Manufacturing And Commerce Models
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
38%
31-60 Days
26%
After 60 Days
36%
Not Paid Within Terms61%

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: 2023-05-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 31 Dec 202306 Mar 20244638%25%36%61%
01 Jul 2022 - 31 Dec 202211 May 20236338%26%36%61%
01 Jan 2022 - 30 Jun 202229 Jul 20227110%25%65%75%
01 Jul 2021 - 31 Dec 202114 Apr 20227436%23%41%63%
01 Jan 2021 - 30 Jun 202116 Aug 20216447%24%29%57%
01 Jul 2020 - 31 Dec 202016 Feb 20216158%21%21%44%
01 Jan 2020 - 30 Jun 202031 Jul 20204158%20%22%44%
01 Jul 2019 - 31 Dec 201917 Feb 20204165%19%16%36%
01 Jan 2019 - 30 Jun 201915 Jul 20194754%24%22%48%
01 Jul 2018 - 31 Dec 201806 Feb 20195146%31%23%48%

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

Draeger’s standard supplier payment terms are 60 days (unless agreed otherwise) The maximum payment period agreed to is 60 days

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

Any queries or disputes about payment terms should be directed to: Purchasing Department, Draeger Safety UK Ltd, Ullswater Close, Blyth NE24 4RG

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

DRAEGER MEDICAL UK LIMITED is a leading medical technology company that provides innovative and high-quality medical equipment and services to healthcare facilities in the UK and around the world. The company is committed to sustainability and has a strong focus on reducing its environmental impact.

The company's sustainability program includes initiatives such as using renewable energy sources, reducing waste and emissions, and promoting eco-friendly practices in all aspects of their operations. DRAEGER MEDICAL UK LIMITED also offers sustainable products and services, such as energy-efficient medical equipment and recycling programs for their products.

The key people at DRAEGER MEDICAL UK LIMITED are their executive team, led by Managing Director, Richard Paulin. The company has a dedicated team of engineers, technicians, and customer service representatives who ensure the smooth operation of their products and services.

For more information, customers can visit the company's website at www.draeger.com/uk. The registered office address for DRAEGER MEDICAL UK LIMITED is 35 Renfield Street, Glasgow, G2 1JS. Customers can also contact the company via phone at +44 (0) 141 302 8800 or email at uk@draeger.com.

Financial Metrics

Cash
£100,000
Net Worth
£8,208,000
Total Current Assets
£26,030,000
Total Current Liabilities
£17,818,000

Company Location