STERIS SOLUTIONS LIMITED demonstrates a severely delayed payment pattern, with an average payment time of 76 days and 70% of all payments made beyond the 60-day mark. Only 18% of payments are settled within 30 days, indicating that early or on-time payment is the exception rather than the norm. This distribution suggests a deeply embedded practice of extended payment cycles rather than an isolated or temporary cash flow issue.
With 79% of payments classified as late, STERIS SOLUTIONS LIMITED presents a highly unreliable payment profile with very low predictability for suppliers managing cash flow. The near-absence of payments in the 31–60 day bracket (12%) indicates the company tends to either pay early or, far more commonly, delay significantly beyond 60 days, creating an unpredictable and polarised payment pattern. This volatility materially increases the financial exposure risk for any supplier extending standard credit terms.
STERIS SOLUTIONS LIMITED represents a high-risk customer, and suppliers should exercise significant caution before extending unsecured credit on standard 30-day terms. It is strongly recommended that suppliers consider requiring upfront deposits, shortened credit windows, or staged payment structures to reduce exposure. At minimum, credit limits should be set conservatively and reviewed frequently, with clear contractual late payment penalties invoked to encourage timelier settlement.
| 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 Oct 2025 - 31 Mar 2026 | 21 Apr 2026 | 76 | 18% | 12% | 70% | 79% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 87 | 36% | 15% | 49% | 74% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 59 | 51% | 29% | 20% | 68% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days nett
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Terms for this entity are changing to Standard 30 Days Net.
Maximum contractual payment period agreed
60
Complaints or concerns relating to disputes about payments should be directed in writing to the Purchase Ledger team (Accounts Payable) at Purchase_Ledger@steris.com. We will endeavor to address with your email within 48 hours. In the event that a response is not forthcoming, the dispute can be escalated to the UK & Ireland Financial Controller.
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
STERIS SOLUTIONS LIMITED is a private limited company operating within the solutions sector, as reflected in its corporate name. The company has maintained an active trading status, demonstrating a sustained presence in its field.
The company is registered in England and Wales under company number 02767165, with its registered office located at Chancery House Rayns Way, Watermead Business Park, Syston, Leicester, LE7 1PF, placing it within the East Midlands region. STERIS SOLUTIONS LIMITED was incorporated on 24 November 1992, giving the company over three decades of operational history.
Companies of this nature operating in the UK market typically provide specialist solutions to business and institutional clients, supporting operational requirements across a range of sectors. The corporate structure as a private limited company offers a defined framework of governance and accountability, in line with the requirements set out by Companies House.
With its established East Midlands base at Watermead Business Park, STERIS SOLUTIONS LIMITED is positioned within a recognised commercial location that serves as a hub for a variety of business operations across the Leicestershire area.