ROCHE DIAGNOSTICS LIMITED
Company number: 00571546
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
16 July 2026
Approved by:
Omair Haq
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 30 days
Total value paid:
- within 30 days: £81,605,553 (36%)
- in 31 to 60 days: £133,359,405 (59%)
- in 61 days or more: £11,965,943 (5%)
Invoices paid:
- within 30 days: 28%
- in 31 to 60 days: 58%
- in 61 days or more: 14%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £1,707,413
- payments due in the reporting period which have not been paid within the agreed period: 14%
- not made in the reporting period due to a dispute: 14%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
Our standard payment terms are 60 days net, but our payment terms are negotiated on a case by case basis.
Were there any changes to the standard payment terms in the reporting period?
Yes – individual payment terms may have been changed if re-negotiated. This would have been on a case by case basis after consultation.
Were suppliers notified or consulted about these changes before they were made?
Yes – Changes to the payment terms are communicated either by telephone or email.
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Retention clauses
How does this business use retention clauses?
Retention clauses are included in standard payment terms.
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
No
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
No
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
No further information provided.
Is the money released in stages?
No
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
0%
Amount retained stated as a percentage of the total construction payments made by this business
0%
Dispute resolution process
1)Disputed invoices are queried with the supplier immediately after the discrepancy is noticed.
Most common queries are in relation to pricing, quantities and missing purchase order numbers. Queries are made in writing and list the type of query and all the required details. The invoices are then held pending resolution. This process is owned by our Accounts payable team.
2) Accounts payable deal with the supplier responses and process credit notes to release invoice payments.
3) Accounts payable liaise with internal points of contact to get the queries resolved as soon as possible
4) Accounts payable liaise with suppliers to obtain and process any missing invoices and to confirm payment details.
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.
No
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.
Yes
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