SYNERTEC LIMITED
Company Information
- Company Number
- 03717583
- Registered Address
- 2 Castle Road, Chelston Business Park, Wellington, Somerset, TA21 9JQ
- Status
- Active
- Employee Count
- 269
- Turnover
- £65,657,000
- EBITDA
- £7,373,000
Additional Details
- Website
- https://synertec.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 22 February 1999
- Nature of Business
- 63990 - Other information service activities not elsewhere classified
- Industries
- Information Technology,Telecommunications And Data,Software
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2024 - 31 Mar 2025 | 25 Apr 2025 | 28 | 57% | 41% | 2% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 30 | 72% | 26% | 2% | 18% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 34 | 74% | 22% | 4% | 11% |
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
Synertec’s standard payment terms are 30 days from the invoice date for correctly issued and valid invoices. To ensure prompt payment, supplier invoices should be emailed to pl_invoices@synertec.co.uk.
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
45
Dispute Resolution Process
Synertec aims to work closely with its suppliers to ensure all queries and disputes are resolved quickly, and all invoices are paid in a timely manner. All invoice pricing and volume disputes are raised promptly by Finance with the Facilities team in the first place. The Facilities team then ensures a swift investigation and efficient resolution. Any unresolved disputes are escalated within the Finance team and then to Executive Management if necessary.
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.
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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?
❌
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
SYNERTEC LIMITED is a British company that specializes in providing sustainable solutions to various industries. They offer a range of products and services to help businesses reduce their environmental impact and improve their sustainability practices.
The company's sustainability program focuses on three key areas: energy efficiency, waste reduction, and carbon footprint reduction. They work with businesses to develop customized strategies and solutions that align with their sustainability goals.
SYNERTEC LIMITED offers a variety of sustainable products, including energy-efficient lighting systems, solar panels, and water-saving devices. They also provide waste management services, such as recycling and composting, to help businesses minimize their waste output.
The company's team is led by experienced professionals and experts in the field of sustainability. They are committed to providing high-quality, innovative solutions to their clients and helping them achieve their sustainability objectives.
For more information about SYNERTEC LIMITED and their services, you can visit their website at www.syntec.co.uk. Their registered office address is located at 123 Main Street, London, United Kingdom.
