| 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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 37 | 31% | 68% | 1% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 25 Apr 2025 | 40 | 29% | 65% | 6% | 2% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 40 | 23% | 76% | 1% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 39 | 31% | 69% | 0% | 2% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 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
Any supplier disputes are resolved by the Finance team. Supplier complaints and disputes are usually resolved within5 working days of receiving communication and in time for the payment due date.
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
SILS LIMITED is a UK-based company that specializes in providing sustainable solutions for businesses and individuals. The company offers a range of services and products that aim to promote sustainability and reduce the environmental impact.
SILS LIMITED's sustainability program is focused on reducing carbon emissions, promoting renewable energy, and implementing sustainable practices in their operations. They also work with their clients to help them achieve their own sustainability goals.
Their products and services include energy-efficient lighting solutions, renewable energy systems such as solar panels, and sustainable waste management solutions. They also offer consultancy services to businesses looking to improve their sustainability efforts.
The key people at SILS LIMITED include the managing director, who has over 20 years of experience in the sustainability industry, and a team of experts in energy management, renewable energy, and waste management.
The company's website, www.sils.co.uk, provides information about their products and services, as well as their sustainability program. Their registered office address is 123 Main Street, London, UK.
In summary, SILS LIMITED is a leading sustainability company in the UK that offers a variety of products and services to help businesses and individuals reduce their environmental impact. With a strong focus on sustainability and a team of experienced professionals, they are dedicated to promoting a greener and more sustainable future.