SYSMEX UK LIMITED
Company number: 02598523
Reporting period:
1 October 2022 to 31 March 2023
Report filed on:
27 August 2025
Approved by:
Adam Rae
Payment statistics
Average time taken to pay invoices: 71 days
Invoices paid:
- within 30 days: 46%
- in 31 to 60 days: 11%
- in 61 days or more: 43%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 55%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
90 days
Standard payment terms
Standard payment terms are 30 days, however this is agreed on a case by case basis.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
1 - When an invoice discrepancy is identified, it is promptly communicated to the supplier. Common issues include incorrect pricing, quantity differences, or missing purchase order numbers. All queries are documented in writing, specifying the nature of the issue along with all necessary supporting details. The affected invoices are placed on hold until the issue is resolved. This process is overseen by the Accounts Payable team. 2 - The Accounts Payable team reviews supplier responses, processes any associated credit notes, and ensures payments are released accordingly. 3 - To expedite resolution, Accounts Payable works closely with internal stakeholders to address and clear outstanding queries. 4 - They also engage with suppliers to collect any missing invoices and to verify or update payment-related information.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No