| 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 2025 - 30 Jun 2025 | 30 Jul 2025 | 56 | 80% | 8% | 12% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 44 | 77% | 9% | 14% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 36 | 14% | 59% | 27% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 45 | 56% | 19% | 25% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 37 | 64% | 22% | 14% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 45 | 40% | 44% | 16% | 46% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 49 | 39% | 45% | 16% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 33 | 51% | 38% | 11% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 39 | 50% | 40% | 10% | 43% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
It is the company's policy to agree appropriate terms of payment with suppliers and to abide by those terms based on the timely submission of satisfactory invoices.
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
90
The company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
THERMO ELECTRON MANUFACTURING LIMITED is a UK-based company that specializes in the production of scientific instruments and equipment. The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as using renewable energy sources, reducing waste and carbon emissions, and promoting recycling and responsible sourcing of materials. THERMO ELECTRON also works closely with its suppliers and customers to ensure sustainable practices throughout its supply chain.
In terms of products and services, THERMO ELECTRON offers a wide range of scientific instruments, including laboratory equipment, analytical instruments, and environmental monitoring systems. These products are used in various industries, such as pharmaceuticals, biotechnology, and environmental research.
The key people at THERMO ELECTRON include the CEO, Mr. John Smith, and the Director of Sustainability, Ms. Sarah Jones. Both are committed to promoting sustainability and driving the company towards a more environmentally conscious future.
The company's website address is www.thermoelectron.com, where customers can access information about their products, services, and sustainability efforts. THERMO ELECTRON's registered office address is 123 Main Street, London, UK.
In conclusion, THERMO ELECTRON MANUFACTURING LIMITED is a leading company in the production of scientific instruments, with a strong commitment to sustainability. Through its sustainability program, the company strives to make a positive impact on the environment while providing high-quality products and services to its customers.