CMR SURGICAL LIMITED
Company number: 08863657
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
29 January 2026
Approved by:
Massimiliano Colella
Payment statistics
Average time taken to pay invoices: 45 days
Total value paid:
- within 30 days: £19,000,000 (49%)
- in 31 to 60 days: £13,000,000 (33%)
- in 61 days or more: £7,000,000 (18%)
Invoices paid:
- within 30 days: 48%
- in 31 to 60 days: 34%
- in 61 days or more: 18%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £792,000
- payments due in the reporting period which have not been paid within the agreed period: 2%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
90 days
Standard payment terms
Standard payment terms offered to suppliers (in days) – EOM 60 from date of invoice.
Maximum contractual payment period used in this period (in days) - 60 from date of invoice.
Any changes to standard terms during the period? No.
Typical process for informing suppliers of new or revised terms – via email.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
To improve on-time payment performance, the following measures are being implemented:
• Strengthening supplier communications and training to ensure adherence to the No PO, No Pay policy, reducing exceptions and rework.
• Streamlining and reinforcing internal invoice approval workflows to ensure faster end-to-end cycle times.
• Enhancing proactive monitoring and escalation of invoices approaching due date to minimise overdue payments.
CMR Surgical Ltd remains committed to transparent and fair payment practices and to improving on-time payments within agreed terms, while continuing to enforce robust financial controls
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No