Their own payment-practices filing · gov.uk
How long does Medtronic Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
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
Terms vs reality
Stated terms: 30–60 days. Reported average: 26.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Medtronic Limited has filed 6 statutory payment periods (earliest H2 2017). Their latest report puts the average at 26 days against stated terms of 30–60 days.
The pattern is steady — their reported average moves within about ±3 days period to period.
In the latest period 37% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.
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 |
Quick answers
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Their next payment report is due ≈ 20 Nov 2020. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.
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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 6,185 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
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