Their own payment-practices filing · gov.uk

Smiths Medical International Limited paid suppliers in 81 days on average — within its stated 7–120 day terms

CRN 00362847 · Manufacturing · 15 statutory reports on record · period to 31 Dec 2024

Dated record. The latest report covers a period ending 31 Dec 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

81daysavg time to pay · H2 2024

Their H2 2024 filing put the average 74 days past the shortest term they state (7 days), still within their 120-day upper term.

Their stated terms: 7–120 days
Paid outside agreed terms: 72% of invoices
Paid after 61+ days: 39%
Reporting period: 1 Jul 2024 – 31 Dec 2024
Source: their gov.uk filing, filed 22 Apr 2025

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H2 2024 filing

Paid within their stated range — 81 against 7–120 days

PAIDLATE · terms vs the clockdays to pay · 0–130

avg 81d

0 days130 days

reported avg 81 days their filed terms 7–120 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 18% 31–60 days 43% 61+ days 39%

Source: their statutory Payment Practices Report #97128, period 1 Jul 2024 – 31 Dec 2024, filed 22 Apr 2025 · gov.uk payment-practices service

Smiths Medical International Limited paid within its stated range, 74 days past the shortest term. 72% of invoices still went outside agreed terms; 39% reached 61 days or more. Self-reported in their statutory H2 2024 filing.

The pattern · last 6 of 15 reports

78 → 81 days — slower across the window

PAIDLATE · the patternavg days per report

Last 6 of 15 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

3 days slower across the window. From 78 days in H1 2022 to 81 in the H2 2024 filing; the dashed line marks the 7-day term they state.

The read · computed from their figures

Smiths Medical International Limited's H2 2024 filing put their average at 81 days against stated terms of 7–120 days; 72% of invoices were paid outside agreed terms and 39% took 61 days or longer. Filed 22 Apr 2025.

The direction is slower: from 78 days in H1 2022 to 81 now — 3 days slower across their last 6 reports.

That is 15 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Our standard payment terms are 90 day

Dispute resolution

Usually suppliers are notified if the price is incorrect and a credit note is required.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2024	81	72%	39%	22 Apr 2025
H1 2024	86	71%	39%	16 Jul 2024
H2 2023	0	68%	0%	29 Feb 2024
H1 2023	89	76%	46%	15 Aug 2023
H2 2022	81	77%	32%	27 Mar 2023
H1 2022	78	90%	41%	12 Aug 2022
H1 2022	80	91%	41%	18 Feb 2022
H1 2021	48	92%	49%	16 Aug 2021
H1 2021	30	82%	21%	18 Mar 2021
H1 2020	61	91%	18%	1 Sept 2020
H1 2020	61	82%	21%	9 Mar 2020
H1 2019	46	45%	14%	17 Dec 2019
H1 2019	48	45%	14%	29 Aug 2019
H1 2018	36	42%	15%	30 Aug 2018
H1 2018	48	38%	15%	2 Mar 2018

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 16 Aug 1940
Registered office: 1500 EUREKA PARK, ASHFORD, TN25 4BF

1 outstanding charge — secured borrowing registered Accounts due 31 Dec 2026

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 81-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 81-day vs a 7-day payment cycle.

≈ £32,000

of invoicing outstanding at any one time on a 81-day cycle — about £29,200 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers · Smiths Medical International Limited

Are they getting slower or faster?

Their reported average has moved about 3 days slower over the window (78 → 81 days).

What's their typical pay point?

Their latest filed report put the average at day 81; across their last 6 reports it ranged 0–89 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Smiths Medical International Limited (free)

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How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00362847 · latest period to 31 Dec 2024

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