SYNTHOMER (UK) LIMITED

PaymentCheck Score 2025
57Fair
vs last year
#3256 in UK
#213 in East of England

Company Information

Company Number
00872262
Registered Address
Temple Fields, Central Road, Harlow, Essex, CM20 2BH
Status
Active
Employee Count
417
Turnover
£141,884,000
EBITDA
£13,076,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 February 1966
Nature of Business
20590 - Manufacture of other chemical products not elsewhere classified
Industries
Raw Materials And Intermediate Goods
Region
East of England

Time to Pay

Average Time to Pay
41 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
40%
31-60 Days
47%
After 60 Days
13%
Not Paid Within Terms21%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254335%50%15%20%
01 Jul 2024 - 31 Dec 202429 Jan 20254140%47%13%21%
01 Jan 2024 - 30 Jun 202425 Jul 20244336%49%15%29%
01 Jul 2023 - 31 Dec 202325 Jan 20244339%46%15%23%
01 Jul 2022 - 31 Dec 202226 Jan 20234636%44%20%24%
01 Jul 2021 - 31 Dec 202128 Jan 20224144%45%11%16%
01 Jan 2021 - 30 Jun 202129 Jul 20214337%48%15%23%
01 Jul 2019 - 31 Dec 201928 Jan 20204737%46%17%21%
01 Jan 2019 - 30 Jun 201916 Jul 20195434%43%23%33%
01 Jul 2018 - 31 Dec 201831 Jan 20195036%43%21%36%
01 Jan 2018 - 30 Jun 201830 Jul 20183967%23%11%23%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days from B/L, 30 Days from EOM, Within 30 days due net, Within 45days due net, Within 60 days due net, Net cash 60 days frominv.date, 60days from EOM, Net cash due 90 days B/L date, 25 DaysEnd of Month, 15days EOM date of invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Upon receipt invoices are sent to Accounts Payable for processing. Invoices are matched to Purchase orders and goods receipt(where required). If the documents and goods/services receipt do not match the requisitioner will contact the supplier.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Disputes and complaints contact: plharlow@synthomer.com

Other Payment Information

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

Company Summary

SYNTHOMER (UK) LIMITED is a leading chemical company based in the United Kingdom. The company is committed to sustainability and has a strong focus on developing environmentally friendly products and services.

Their sustainability program includes initiatives such as reducing energy consumption, minimizing waste generation, and promoting responsible sourcing of raw materials. They also prioritize the use of renewable resources in their production processes.

The company offers a wide range of products and services, including polymer emulsions, specialty chemicals, and adhesives. These products are used in various industries such as construction, textiles, and coatings.

Key people at SYNTHOMER (UK) LIMITED include the CEO, Calum MacLean, and the Chief Sustainability Officer, Dr. Richard Roberts.

The company can be contacted through their website, which provides detailed information about their products, services, and sustainability efforts. The registered office address is listed as Central Road, Templefields Industrial Estate, Harlow, Essex, CM20 2BH, United Kingdom.

In summary, SYNTHOMER (UK) LIMITED is a leading chemical company in the UK, with a strong commitment to sustainability and developing environmentally friendly products and services. Their products are used in various industries, and they can be contacted through their website or registered office address.

Financial Metrics

Cash
£0
Net Worth
£87,397,000
Total Current Assets
£114,427,000
Total Current Liabilities
£59,300,000

Company Location