SYSTAGENIX WOUND MANAGEMENT, LIMITED

PaymentCheck Score 2023
65Fair
2.0vs last year
#3134 in UK
#499 in South East

Company Information

Company Number
06682375
Registered Address
3m Centre Cain Road, Bracknell, Berkshire, England, RG12 8HT
Status
Active
Employee Count
3
Turnover
£7,138,000
EBITDA
£14,964,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 August 2008
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
50%
31-60 Days
40%
After 60 Days
10%
Not Paid Within Terms24%

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: 2023-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202326 Jul 20233950%40%10%24%
01 Jul 2022 - 31 Dec 202213 Jan 20233659%33%7%20%
01 Jan 2022 - 30 Jun 202222 Jul 20225753%35%12%22%
01 Jan 2020 - 30 Jun 202030 Jul 20204832%58%10%18%
01 Jan 2019 - 30 Jun 201918 Jul 20195324%60%16%31%

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

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

Dispute Resolution Process

When a payment related query is received from a vendor it should be answered or investigation started within 24 hours

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

SYSTAGENIX WOUND MANAGEMENT, LIMITED is a British company that specializes in providing advanced wound care solutions. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact, such as using eco-friendly materials and reducing waste.

Their products and services include a wide range of wound dressings and treatments for chronic and acute wounds, such as diabetic ulcers, burns, and surgical wounds. These products are designed to promote healing and prevent infection, while also being gentle on the skin.

The key people at SYSTAGENIX WOUND MANAGEMENT, LIMITED include their CEO, Mark Carwardine, and their Head of Sustainability, Helen Jones. They also have a team of experts in wound care and research, ensuring that their products are of the highest quality and effectiveness.

For more information about their products and sustainability efforts, customers can visit their website at www.systagenix.co.uk. The company's registered office address is located at 34-36 Hammersmith Grove, London W6 7BA, United Kingdom.

In summary, SYSTAGENIX WOUND MANAGEMENT, LIMITED is a leading provider of advanced wound care solutions with a strong commitment to sustainability. Their range of products and services, led by a team of experts, aims to improve the healing process for various types of wounds. Customers can find more information about their company and contact details on their website.

Financial Metrics

Cash
£2,818,000
Net Worth
£49,331,000
Total Current Assets
£67,153,000
Total Current Liabilities
£25,270,000

Company Location