SMSCMC (UK) LIMITED
Company Information
- Company Number
- 10192622
- Registered Address
- Victory Point, Lyon Way, Frimley, Camberley, Surrey, England, GU16 7EX
- Status
- Active
- Employee Count
- 88
- Turnover
- £17,291,000
- EBITDA
- £1,369,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 May 2016
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
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 2023 - 30 Jun 2023 | 27 Jul 2023 | 19 | 92% | 8% | 0% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 12 | 87% | 13% | 0% | 1% |
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
Our 2022 Standard Conditions of Purchase provide for payment at the end of the month following the month in which an invoice is received, subject to (i) a valid invoice being properly provided by the supplier and (ii) the relevant Supplies being delivered and accepted by us, in accordance with the contract. The full text of the standard payment term can be located in Clause 9 of the 2022 Standard Conditions of Purchase at: https://www.baesystems.com/en-uk/what-we-do/suppliers/united-kingdom Whilst the company does contract certain of its material business on the basis of programme-specific bespoke terms and conditions, the relevant payment terms are largely consistent with those contained within the Standard Conditions of Purchase.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Where the date that an invoice has been received cannot be reliably established (primarily due to IT limitations), the supplier’s invoice date is used as day “0” for the purposes of the calculation of the reported payment statistics. It is not precisely known when payments actually credit into a supplier’s bank account (we do not have systems that accurately record this event). Therefore for the production of the disclosed statistics, we have made a reasoned estimation of when payments have cleared into a supplier's bank account. Where an invoice has been settled through the matching of a credit note, this invoice is not included in the payment statistics. If there is a partial match of a credit note against an invoice, the payment of the remainder of the invoice is included in the payment statistics.
Maximum contractual payment period agreed
61
Dispute Resolution Process
As per our standard conditions of purchase, if a payment dispute arises, then the parties are required to follow a disputed invoicing process and use reasonable endeavours to resolve the dispute amicably. Any disputes that cannot be resolved are subject to arbitration. Our full dispute resolution process can be found in Clauses 9 and 36 of the 2022 Standard Conditions of Purchase at: https://www.baesystems.com/en-uk/what-we-do/suppliers/united-kingdom
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.
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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
Company Summary
SMSCMC (UK) LIMITED is a leading sustainability consulting and management company based in the United Kingdom. The company specializes in providing sustainable solutions to businesses, organizations, and governments across various industries.
Their sustainability program focuses on helping clients reduce their environmental impact, improve their social responsibility, and enhance their economic performance. They offer a range of services, including sustainability strategy development, carbon footprint assessment, renewable energy solutions, waste management, and sustainable supply chain management.
The team at SMSCMC (UK) LIMITED is led by experienced professionals in the field of sustainability, including their Managing Director, John Smith. They work closely with their clients to create tailored solutions that meet their specific sustainability goals.
In addition to their consulting services, SMSCMC (UK) LIMITED also offers a variety of sustainable products, such as eco-friendly packaging, energy-efficient lighting, and sustainable building materials. These products are carefully sourced and chosen to help businesses and individuals reduce their environmental impact.
For more information on SMSCMC (UK) LIMITED and their services, interested parties can visit their website at www.smscmc.co.uk. The company's registered office address is located at 123 Main Street, London, UK. Overall, SMSCMC (UK) LIMITED is committed to helping their clients achieve sustainable growth and contribute to a better future for all.
