SIEMENS HEALTHCARE LIMITED
Company Information
- Company Number
- 09567186
- Registered Address
- Park View, Watchmoor Park, Camberley, Surrey, United Kingdom, GU15 3YL
- Status
- Active
- Employee Count
- 1,559
- Turnover
- £733,262,000
- EBITDA
- £84,693,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 April 2015
- Nature of Business
- 32500 - Manufacture of medical and dental instruments and supplies
- Industries
- Life Sciences And Medical Technology
- 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 | 31 Oct 2025 | 43 | 43% | 34% | 23% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 49 | 36% | 40% | 24% | 12% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 51 | 38% | 37% | 25% | 12% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 48 | 37% | 38% | 25% | 13% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 50 | 30% | 44% | 26% | 31% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 47 | 37% | 37% | 26% | 32% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 49 | 34% | 41% | 25% | 25% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 47 | 37% | 40% | 23% | 28% |
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 terms are assigned by the Business units on a case by case basis:- Payment terms usage is as follows 3rd Party payment terms 60 days 52%,30 days 24%,90 days 16%,0 days 1%,14 days 1%,45 days 1%,80 days 1%, 40 days 1% and remainder are terms with less than 3% occurrence which also includes 180 days. Out of total data population, 53% transactional data was relating to Inter-Company which was excluded for this reporting. Inter-Company invoice gets cleared automatically within 1 to 2 days in the month following the receipt of the invoice via Siemens cash pooling facility which is only available to Siemens entities. Please 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 consultation with suppliers. No payments terms were used where early settlement discounts were applied. Payment statistics improved from the previous report despite payment terms remaining consistent (see above). The business settles all undisputed invoices within the payment terms if invoices are sent on time by the supplier. The business is working with suppliers to make further improvements such as sending invoices timely. The data presented excludes instances where the invoice has been sent late, therefore based on original invoice date, when received by the business it's instantly overdue and is paid outside of the agreed period. In these circumstances, the business aims to settle invoices without utilising the agreed period from invoice receipt date. Percentage of payments outside the agreed period is in line with previous reporting and large number of invoices were under query with the vendors. Of the 10%, 27% were paid within 30 days, 47% were paid between 30-60 days and 25% were paid over 60 days and 1% were not paid yet.
Maximum contractual payment period agreed
180
Dispute Resolution Process
1) Central Accounts Payable (AP) team for payment enquiries, contact points via phone/e-mail/supplier portal. Relevant details are on Purchase Orders. A) Tel: 0845 602 6873 b) E-mail apsupport-gbandi.in@siemens.com 2) AP liaise with supplier to obtain and process missing invoices a) Check existing systems (scan provider/e-invoice provider/invoice process queue to see if invoice already in query and/or returned to suppler) 3) AP liaise with suppliers to confirm payment details (past and upcoming) 4) AP liaise with approvers to release overdue invoices for payment 5) Special team deals with ‘final demand’ cases and legal notices
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.
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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.
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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 Healthcare Limited is a leading healthcare company that offers a wide range of innovative products and services to meet the complex needs of the healthcare industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program focuses on reducing carbon emissions, increasing energy efficiency, and promoting responsible waste management practices. Siemens Healthcare Limited also actively supports the use of renewable energy sources and has set targets to reduce its carbon footprint by a certain percentage over the next few years.
The company's product portfolio includes medical imaging systems, laboratory diagnostics equipment, clinical information systems, and healthcare IT solutions. These products are designed to improve patient outcomes, increase efficiency, and reduce costs for healthcare providers.
Siemens Healthcare Limited has a team of experienced and skilled professionals, led by their CEO Dr. Bernd Montag. They are dedicated to driving innovation and delivering high-quality products and services to their customers.
The company's registered office is located at Frimley Business Park, Frimley, Camberley, Surrey, GU16 7SG, United Kingdom. Their website address is www.siemens-healthineers.com/uk and it provides detailed information about their products, services, and sustainability efforts. Customers can also contact them via email or phone, which can be found on their website.
In conclusion, Siemens Healthcare Limited is a reputable company that is committed to sustainability and offers a diverse range of products and services to the healthcare industry. Their dedication to innovation and customer satisfaction has made them a trusted partner for healthcare providers worldwide.
