| 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 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 39 | 50% | 40% | 10% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 36 | 59% | 33% | 7% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 57 | 53% | 35% | 12% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 41 | 60% | 30% | 10% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 45 | 51% | 41% | 8% | 28% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 43 | 34% | 56% | 10% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 32% | 58% | 10% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 51 | 28% | 60% | 12% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 53 | 24% | 60% | 16% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Feb 2019 | 44 | 45% | 45% | 10% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 35 | 58% | 38% | 4% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
According to the company's global guideline the standard payment is 60 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
When a payment related query is received from a vendor it should be answered or investigation started within 24 hours
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.
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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
Systagenix Wound Management Limited is a UK-registered entity within the Solventum group, formerly linked to 3M's health care business. Evidence from the associated website shows the group designs and supplies medical solutions for wound care and surgical patient management, including negative pressure wound therapy, IV site management products, sterilisation assurance devices and dressings, aimed at healthcare professionals across hospital, clinic and home care settings. The company's own registered activity is classified as business support services, reflecting its role within the wider corporate structure rather than as an independent trading operation. The wider group develops evidence-based clinical solutions intended to improve patient outcomes and support healthcare providers.
Generated from the company's website and Companies House records. Sources: kciuk.co.uk