SYNTHOMER TRADING LIMITED
Company Information
- Company Number
- 10126402
- Registered Address
- 45 Pall Mall, London, United Kingdom, SW1Y 5JG
- Status
- Active
- Employee Count
- 7
- Turnover
- £926,105,000
- EBITDA
- -£32,224,000
Additional Details
- Website
- https://synthomer.com
- Company Type
- Private limited Company
- Incorporated On
- 15 April 2016
- Nature of Business
- 20590 - Manufacture of other chemical products not elsewhere classified
- Industries
- Raw Materials And Intermediate Goods
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 30 Jul 2025 | 45 | 37% | 53% | 10% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 46 | 32% | 56% | 12% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 43 | 35% | 55% | 10% | 28% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 40 | 48% | 40% | 12% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 42 | 41% | 46% | 13% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 44 | 36% | 50% | 14% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 43 | 39% | 51% | 10% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 40 | 47% | 50% | 3% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 42 | 40% | 55% | 5% | 20% |
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 B/L, 30 Days from EOM, Within 30 days due net, Within 45 days due net, Within 60 days due net, Net cash 60days from inv.date, 60 days from EOM, Netcash due 90 days B/L date, 25 Days End of Month, 15 days EOM date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Upon receipt invoices are sent to Accounts Payable for processing. Invoices are matched to Purchase orders and goods receipt (where required). If the documents and goods/services receipt do not match the requisitioner will contact the supplier.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Disputes and complaints contact: EUAccountspayable@synthomer.com
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
SYNTHOMER TRADING LIMITED is a global specialty chemical company that focuses on delivering sustainable solutions for various industries. Headquartered in London, UK, the company operates in over 20 countries and has a strong presence in Europe, Asia, and North America.
The company offers a wide range of products and services, including acrylic and vinyl emulsions, functional polymers, and specialty chemicals. These products are used in various applications such as coatings, construction, adhesives, and textiles, among others.
SYNTHOMER TRADING LIMITED is committed to sustainability and has a dedicated program in place to reduce its environmental footprint and promote responsible practices. The company has set ambitious targets to reduce its carbon emissions, water usage, and waste production. It also works closely with its suppliers and customers to ensure sustainable sourcing and use of its products.
The key people leading SYNTHOMER TRADING LIMITED include CEO Calum MacLean and Chairman Neil Johnson, both of whom have extensive experience in the chemical industry. The company has a team of over 2,000 employees, who are committed to delivering high-quality and sustainable solutions to its customers.
For more information on SYNTHOMER TRADING LIMITED and its products and services, please visit their website at www.synthomer.com. The registered office address is Synthomer House, 27-32 Old Burlington Street, London, W1S 3AN, United Kingdom.