SYNECHRON LIMITED

PaymentCheck Score 2025
96Excellent
New Entry
#396 in UK
#191 in London

Company Information

Company Number
04551868
Registered Address
Seventh Floor, 95 Gresham Street, London, United Kingdom, EC2V 7NA
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
2 October 2002
Nature of Business
62020 - Information technology consultancy activities
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms10%

Payment Features

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

Company Review

Trend Analysis

SYNECHRON LIMITED demonstrates a strong positive trend in payment speed, with an average payment time of just 14 days. A remarkable 98% of payments are completed within 30 days, indicating consistent and swift processing. This trajectory suggests a highly efficient and reliable payment pattern for suppliers.

Volatility Analysis

Payment reliability is high, with nearly all invoices (98%) settled well within standard 30-day terms, providing excellent predictability for cash flow. Despite this, a 10% late payment rate, though minor, indicates a low level of unpredictability for a small fraction of invoices. A small tail risk exists as 1% of payments extend beyond 60 days, which suppliers should note.

Summary Analysis

Overall, SYNECHRON LIMITED presents a very low payment risk profile, primarily due to its swift average payment time of 14 days and 98% payments within 30 days. Suppliers can confidently establish credit terms, recognizing that only 10% of payments are late and a minimal 1% extend beyond 60 days. Standard credit policies are appropriate, with minor attention to occasional late payments being a prudent mitigation strategy.

Performance Reports History

Reporting Period Filed: 2025-04-29
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 202530 Oct 20251398%2%0%17%

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

30 days from the receipt of invoice

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

Payment disputes are addressed as per standard terms and condition in the contract

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

SYNECHRON LIMITED functions as an active private limited company. This corporate structure enables the organisation to operate as a distinct legal entity with limited liability for its shareholders.

The company was incorporated on 2 October 2002 and holds company number 04551868. Its registered office is located at Seventh Floor, 95 Gresham Street, London, United Kingdom, EC2V 7NA, confirming its presence in London.

In the UK market, a private limited company typically provides a range of goods or services to its customers. These organisations aim to generate profit through their commercial activities, while offering the benefit of limited liability to their investors.

Financial Metrics

Cash
£2,100,000
Net Worth
£8,500,000
Total Current Assets
£25,500,000
Total Current Liabilities
£18,000,000

Company Location