Their own payment-practices filing · gov.uk
Medtronic Limited paid suppliers in 26 days on average — inside its shortest stated term
Their H1 2020 filing put the average 4 days inside the shortest term they state (30 days).
- Their stated terms
- 30–60 days
- Paid outside agreed terms
- 37% of invoices
- Paid after 61+ days
- 1%
- Reporting period
- 26 Oct 2019 – 24 Apr 2020
- Source
- their gov.uk filing, filed 14 May 2020
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2020 filing
Paid 4 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 6 reports
Held steady around 26 days
The read · computed from their figures
Medtronic Limited's H1 2020 filing put their average at 26 days against stated terms of 30–60 days; 37% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 14 May 2020.
The pattern is steady — their reported average moves within about ±3 days period to period.
That is 6 statutory periods on record (earliest H2 2017) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
Standard contractual terms for trade goods and services-60 days. Healthcare providers standard contractual terms -30 days. Maximum contractual period 60 days.
Dispute resolution
First point of contact for disputes is Medtronic Accounts Payable Shared Services Centre. When an invoice is disputed, the supplier will receive an automated e-mail indicating the invoice number and reason for rejection. To resolve a dispute the supplier is required to provide any missing information or a corrected invoice. Medtronic follow a strict "No PO no pay policy". The PO number is communicated by Medtronic's procurement team at the time of placing the order.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2020 | 26 | 37% | 1% | 14 May 2020 |
| H2 2019 | 32 | 64% | 7% | 15 Nov 2019 |
| H1 2019 | 28 | 74% | 3% | 4 Jun 2019 |
| H2 2018 | 26 | 60% | 1% | 22 Nov 2018 |
| H1 2018 | 27 | 81% | 4% | 15 May 2018 |
| H2 2017 | 25 | 89% | 3% | 7 Nov 2017 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 8 Sept 1972
- Registered office
- BUILDING 9 CROXLEY PARK, WATFORD, WD18 8WW
Quick answers · Medtronic Limited
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
Watch Medtronic Limited (free)
They haven’t filed a payment report since 14 May 2020. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.
You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.
More large companies in manufacturing
Medlock Medical Limited · Meggitt (UK) Limited · Medimmune U.K. Limited · Meggitt Aerospace Limited · Medik8 Limited · Melitta UK Ltd.
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-01070807 · latest period to 24 Apr 2020
Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.