| 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 Jan 2019 - 30 Jun 2019 | 07 Oct 2019 | 41 | 47% | 29% | 24% | 94% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 36 | 51% | 28% | 21% | 80% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Link to Sulzer EMS UK terms: https://www.sulzer.com/-/media/files/legal/terms_conditions/buy/pe/general_terms_conditions_supply_sulzer_electro_mechanical_services_uk_ltd.ashx
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
120
Sulzer's 3rd party our sourcers also offers a suppler payment portal to allow suppliers to monitor and view all their account information, providing real time data that includes invoice approval and invoice payment status. Any queries are dealt with internally by the personnel or department that originally requested the good/service
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.
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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
SULZER ELECTRO MECHANICAL SERVICES (UK) LIMITED is a leading provider of electro mechanical services in the UK. They specialize in providing sustainable solutions to their clients in various industries such as power generation, water, and oil & gas.
Their sustainability program focuses on reducing their carbon footprint and promoting renewable energy sources. They have implemented various initiatives such as energy-efficient equipment and processes, waste management, and renewable energy projects to achieve their sustainability goals.
The company offers a wide range of products and services including repair and maintenance of rotating equipment, motor and generator rewinds, and on-site machining services. They also provide engineering and design solutions for bespoke projects.
The key people at SULZER ELECTRO MECHANICAL SERVICES (UK) LIMITED include the Managing Director, Paul Lloyd, and the Technical Director, David Longhurst. They have a team of highly skilled engineers and technicians who are committed to delivering high-quality services to their clients.
The company's website address is www.sulzer.com and their registered office address is Sulzer Electro Mechanical Services (UK) Limited, 1 Queensway, Leamington Spa, Warwickshire CV31 3JY.
In summary, SULZER ELECTRO MECHANICAL SERVICES (UK) LIMITED is a sustainable and innovative company that offers a wide range of electro mechanical services to their clients. With their commitment to sustainability and a team of experienced professionals, they continue to be a leader in the industry.