| 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 - 28 Jun 2025 | 30 Jul 2025 | 33 | 71% | 16% | 13% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 33 | 78% | 13% | 9% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 33 | 71% | 29% | 0% | 47% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 32 | 71% | 29% | 0% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 32 | 70% | 25% | 5% | 51% |
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 LIMITED is a leading global provider of scientific instruments, equipment, and services for research, healthcare, and industrial applications. The company was founded in 1956 and is headquartered in Waltham, Massachusetts, with a registered office address in Hemel Hempstead, United Kingdom.
The company offers a wide range of products and services, including analytical instruments, laboratory equipment, and software for various industries such as pharmaceutical, biotechnology, and food and beverage. Their sustainability program focuses on reducing their environmental impact, promoting diversity and inclusion, and ensuring ethical business practices. They also have a strong commitment to innovation and regularly invest in research and development to improve their products and services.
THERMO ELECTRON LIMITED has a team of experienced and dedicated professionals, including CEO Marc N. Casper, who leads the company's strategic direction and growth. The company also has a strong network of distributors and partners around the world, providing customers with local support and service.
Customers can access information about the company's products, services, and sustainability efforts through their website, which also includes contact information for their global offices. Overall, THERMO ELECTRON LIMITED is a reliable and sustainable company that continues to provide innovative solutions for scientific research and industrial applications.