| 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 2019 - 30 Sept 2019 | 11 Nov 2019 | 46 | 10% | 73% | 17% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 45 days from supplier invoice date
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
Supplier statements are reconciled each month. If a supplier invoice does not match the relevant purchase order we first seek internal authorisation for the discrepancy and if not given the request a credit note from the supplier
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
This company trades as SynergyLMS, supplying linen and laundry services to NHS trusts and other healthcare providers. It sources and maintains patient linen, including scrub sets and theatre textiles, and operates laundries to HTM 01-04 infection control standards. The company also runs an integrated logistics operation covering collection, delivery and on-site linen management for healthcare clients, using route planning and tracking systems to ensure NHS Trusts receive linen when required. Registered in England since 2013, its registered SIC classification is other human health activities, though its described operations centre on linen supply, industrial laundering and distribution logistics rather than direct clinical care.
Generated from the company's website and Companies House records. Sources: synergylms.co.uk