SILS LIMITED

PaymentCheck Score 2025
62Fair
2.5vs last year
#2938 in UK
#144 in West Midlands

Company Information

Company Number
04289972
Registered Address
22 Gas Street, Birmingham, B1 2JT
Status
Active
Employee Count
41
Turnover
£74,480,000
EBITDA
£1,665,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 September 2001
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Supply Chain
Region
West Midlands

Time to Pay

Average Time to Pay
40 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
29%
31-60 Days
65%
After 60 Days
6%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253731%68%1%1%
01 Oct 2024 - 31 Mar 202525 Apr 20254029%65%6%2%
01 Oct 2023 - 31 Mar 202430 Apr 20244023%76%1%0%
01 Apr 2023 - 30 Sept 202325 Oct 20233931%69%0%2%

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

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

Dispute Resolution Process

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.

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.

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

Company Summary

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.

Financial Metrics

Cash
£263,653
Net Worth
£5,475,090
Total Current Assets
£22,265,879
Total Current Liabilities
£16,790,789

Company Location