SYNTHOMER TRADING LIMITED

PaymentCheck Score 2025
56Fair
0.5vs last year
#3309 in UK
#1258 in London

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

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

Average Time to Pay
46 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
32%
31-60 Days
56%
After 60 Days
12%
Not Paid Within Terms18%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254537%53%10%27%
01 Jul 2024 - 31 Dec 202429 Jan 20254632%56%12%18%
01 Jan 2024 - 30 Jun 202425 Jul 20244335%55%10%28%
01 Jul 2023 - 31 Dec 202325 Jan 20244048%40%12%25%
01 Jul 2022 - 31 Dec 202226 Jan 20234241%46%13%22%
01 Jul 2021 - 31 Dec 202128 Jan 20224436%50%14%25%
01 Jan 2021 - 30 Jun 202129 Jul 20214339%51%10%18%
01 Jul 2019 - 31 Dec 201928 Jan 20204047%50%3%19%
01 Jan 2019 - 30 Jun 201916 Jul 20194240%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.

Financial Metrics

Cash
£0
Net Worth
£87,922,905
Total Current Assets
£148,575,976
Total Current Liabilities
£63,483,909

Company Location