Loomis Awarded 2025 Fast Payers Accreditation for Exceptional Supplier Payment Performance

Loomis is proud to announce that we have been awarded the 2025 Fast Payers Award by Good Business Pays, an independent UK organisation dedicated to benchmarking and promoting timely supplier payments across large businesses. We are honoured to be among the 500 companies recognised with this prestigious accreditation, reflecting our commitment to reliable and responsible financial practices.

This honour reflects a consistent commitment to timely financial conduct, validated through statutory payment data submitted to the Department for Business and Trade. The award is granted exclusively on the basis of verified payment performance, ensuring that recognition is driven by demonstrable standards rather than nomination or application.

To qualify for accreditation, organisations are required to uphold a payment average within 27 days and maintain on-time payment rates of no less than 95 percent of all invoices issued by suppliers. In 2025, only approximately one in ten large UK firms met this stringent benchmark. Loomis’ accreditation reflects alignment with these expectations and the collective diligence of our finance and procurement operations in maintaining disciplined and responsible payment processes.

We recognise that prompt payment is not simply an administrative measure, but a vital commercial obligation that underpins economic stability. For small and medium-sized suppliers, predictable and timely cash flow is essential to sustaining employment, funding growth and preserving operational confidence. We value the role our supplier network plays in supporting our business and understand the importance of ensuring payment certainty in return.

The 2025 Fast Payers Awards are supported by sponsors including Bottomline, Intuit, Mastercard and Barclays, whose advocacy for improved payment behaviours reinforces the wider industry imperative to protect supplier sustainability and strengthen supply chain resilience.

This award is an affirmation of what Loomis strives to uphold as standard practice. We remain steadfast in our commitment to conducting payments with integrity, urgency and accountability. We extend our sincere gratitude to our suppliers for their continued trust, and to our internal teams whose rigour ensures these standards are maintained.

Loomis regards responsible payment conduct as a defining measure of a strong business. We are honoured by this recognition and will continue to lead with the same principles that have earned it.