| 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 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 36 | 36% | 62% | 2% | 1% |
| 01 Jan 2025 - 30 Jun 2025 | 18 Jul 2025 | 37 | 32% | 67% | 1% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 36 | 34% | 65% | 1% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Oct 2024 | 36 | 35% | 64% | 1% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 38 | 31% | 67% | 2% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 38 | 29% | 70% | 1% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 38 | 29% | 70% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 37 | 32% | 67% | 1% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 38 | 31% | 67% | 2% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 35 | 36% | 63% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 35 | 39% | 60% | 1% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 36 | 35% | 64% | 1% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 35 | 35% | 64% | 1% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 34 | 38% | 61% | 1% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 34 | 44% | 52% | 4% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 16 Jul 2018 | 34 | 40% | 58% | 2% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Last Day Of The Month Following Invoice Date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
All disputes are communicated with suppliers by our purchasing department prior to approval of invoices. Only upon resolution will invoices be approved for payment.
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.
❌
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.
❌
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
SYNTHITE LIMITED is a leading manufacturer and exporter of value-added spice extracts, essential oils, and natural food colors. Established in 1972, the company is headquartered in Cochin, India and has a presence in over 90 countries.
The company's sustainability program focuses on reducing its environmental impact, promoting social responsibility, and ensuring ethical business practices. This includes implementing eco-friendly production processes, reducing greenhouse gas emissions, and promoting sustainable sourcing of raw materials. SYNTHITE also has a comprehensive waste management system and has received various certifications for their sustainable practices.
The products and services offered by SYNTHITE include spice extracts such as black pepper, ginger, and cinnamon, essential oils like lemongrass and clove, and natural food colors derived from sources like paprika and turmeric. These products are used in various industries including food and beverage, cosmetics, and pharmaceuticals.
The key people at SYNTHITE LIMITED include Mr. Viju Jacob, the Managing Director, and Mr. George Paul, the Director. They are supported by a team of experienced professionals who are committed to delivering high-quality products and services.
The company's website address is www.synthite.com and their registered office address is Synthite Industries Ltd, Synthite Valley, Kolenchery, Cochin – 682311, Kerala, India.
In summary, SYNTHITE LIMITED is a sustainable and socially responsible company that offers a range of high-quality spice extracts, essential oils, and natural food colors. With a strong commitment to sustainability and ethical business practices, the company has established itself as a trusted global brand in the industry.
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