SYRACUSE WASTE LIMITED carries an average payment time of 47 days, sitting 17 days beyond the standard 30-day benchmark and indicating a consistent pattern of extended payment cycles. The bulk of transactions (45%) settle in the 31–60 day window, suggesting a normalised payment behaviour closer to 45–50 days rather than prompt settlement. Only 30% of payments are made within terms, confirming that early or on-time payment is the exception rather than the rule for this company.
With 25% of payments exceeding 60 days and a late payment rate of 19%, there is a meaningful tail risk of significant delays that could materially impact supplier cash flow. The spread across all three payment bands indicates inconsistent payment behaviour, making cash flow forecasting unreliable when dealing with this customer. This variability suggests either internal process inefficiencies or deliberate payment stretching, both of which represent a predictability risk for suppliers reliant on timely settlement.
SYRACUSE WASTE LIMITED presents a moderate-to-elevated payment risk profile and suppliers should not assume contractual 30-day terms will be honoured in practice. It is advisable to factor a realistic 45–50 day settlement window into cash flow planning and consider implementing tighter credit controls, such as reduced credit limits or proactive dunning from day 31. For higher-value transactions, suppliers may wish to negotiate upfront deposits or shorter payment terms to offset the elevated probability of late or extended settlement.
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 47 | 30% | 45% | 25% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our business standard payment terms are between 30 and 60 days. All vendors are paid on a bi- weekly payment run, apart for Major Reciprocal suppliers where payment terms are aligned and payments are made at the end of the calendar month. Invoice payment cycles are weekly on Wednesday and Friday and include cleared and posted invoices up to the invoice due date. This ensures our Suppliers receive payments on time aligned with their commerical terms. Our payment cycles were updated in Janauary 2025, this coincided with implementation of a new Finance and P2P system . This change is applicable to all existing and new suppliers alike. Other standard contract terms include that suppliers of goods and services must comply with Biffa internal procure to pay policies, all relevant legislation and international standards in relation to: trading policy, child and forced labour, health and safety of workers, non-discrimination, employment law, human rights and bribery and corruption. In particular, suppliers must be able to demonstrate compliance with both the letter and spirit of the Modern Slavery Act 2015. Biffa Group Ltd reserves the right to discontinue business with suppliers who do not comply with our requirements in this area. Any change in terms such as this are communicated to suppliers both by hard copy and email to the nominated supplier contact. Prior consultation was not appropriate in this case as the change was a regulatory requirement.
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
Our dispute resolution process has been consistent for a number of years. Suppliers will contact Accounts Payable and the originator of the order in the first instance to highlight any issues. If the delay is related to a problem in the normal approval process then this will be managed and resolved by the Accounts Payable department. If the issues are related to payment terms or credit account limits then this is escalated to and managed by the appropriate Group Procurement Category Manager who will discuss the matter directly with the supplier and agree a mutually acceptable solution to the problem. Solutions may include extending our credit line, reducing payment terms or increasing order frequency. Issues are resolved promptly.
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
Syracuse Waste Limited is a private limited company operating within the waste management sector. The company's name indicates a focus on waste-related services, serving clients across its operational area in the South East of England.
The company was incorporated on 16 March 2021 and is registered in England and Wales under company number 13269384. Its registered office is located at Coronation Road, Cressex, High Wycombe, Buckinghamshire, HP12 3TZ, placing it within a well-established commercial and industrial area.
Waste management companies of this type in the UK market provide a range of services including the collection, transportation, processing, and disposal of commercial, industrial, and domestic waste. Such organisations operate within a framework of UK environmental regulations and licensing requirements set out by the Environment Agency, ensuring the responsible handling of waste materials. Services in this sector commonly include recycling solutions, skip hire, hazardous waste disposal, and general waste clearance.
As an active private limited company, Syracuse Waste Limited forms part of the UK's broader waste and resource management industry, which plays a vital role in supporting businesses and local communities in maintaining compliant and sustainable waste practices across the region.