Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
SIMARCO INTERNATIONAL LIMITED consistently demonstrates an extended payment cycle, with an average payment time of 52 days. Only 19% of payments are completed within standard 30-day terms, while the majority (52%) fall into the 31-60 day bracket. This establishes a clear operational trajectory where suppliers should anticipate payment significantly beyond conventional net-30 terms.
Payment predictability for SIMARCO is low for standard terms but moderately predictable for extended cycles, with 52% paying between 31 and 60 days. A significant 29% of invoices extend beyond 60 days, introducing considerable working capital risk for suppliers due to prolonged receivables. The 2% identified as "late" further indicates a minimal but present risk of severe payment issues beyond typical delays.
Suppliers should anticipate an average 52-day payment cycle from SIMARCO INTERNATIONAL LIMITED, requiring robust cash flow management. It is recommended to factor in extended payment terms (e.g., net 60 or 90) into pricing and operational planning. To mitigate risk, consider requiring upfront deposits for new engagements or negotiating specific payment milestones to reduce exposure to prolonged outstanding receivables.
| 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 Jul 2025 - 31 Dec 2025 | 21 Apr 2026 | 54 | 13% | 59% | 28% | 87% |
| 01 Jan 2025 - 30 Jun 2025 | 21 Apr 2026 | 52 | 16% | 57% | 27% | 86% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jul 2025 | 52 | 19% | 52% | 29% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 28 Jul 2025 | 50 | 23% | 51% | 26% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
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
60
All disputes are dealt with by operational dept, invoices are scanned onto the system with status as held whilst the dispute is being resolved.
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
SIMARCO INTERNATIONAL LIMITED is an active private limited company, incorporated on 27 March 1997, based in the East of England region. Registered business activity: Operation of warehousing and storage facilities for land transport activities 52219 - Other service activities incidental to land transportation, not elsewhere classified 52243 - Cargo handling for land transport activities.
From Companies House records.