The terms for using this website and our price benchmark. Last updated 27 October 2026.
About us
This website is run by Socium Procurement Ltd, registered in England and Wales, company number 16162145. Registered office: Suite Ra01, 195-197 Wood Street, London, E17 3NU. Email info@sociumprocurement.com or call 07380502843.
Our service
Socium is a managed procurement service. We’re funded by our supply partners, so there is no fee, no sign-up cost, no subscription and no contract for your business. You place orders with suppliers and pay them directly, as you do today. You decide whether to make any change we recommend, and you’re never obliged to switch suppliers.
Price benchmarks and examples
A price benchmark is based on the information and invoices you give us and on market prices at the time. Prices move with the market, and any price is only confirmed once a supplier agrees it. Savings figures and examples on this website are illustrative and don’t guarantee what any business will save.
Information you send us
By uploading invoices or other documents you confirm you’re entitled to share them with us for this purpose. To get you prices, we share only the product, quantity and price details from them with our supply partners, never your personal details. We handle everything as set out in our privacy notice.
Using this website
You may use this website for your own business purposes. Please don’t misuse it, attempt to break its security, or copy its content for commercial use without our permission. The Socium name, logo and website content belong to Socium Procurement Ltd. Supplier and customer logos belong to their owners and are shown with permission.
Links to other sites
Where we link to other websites, we’re not responsible for their content or how they handle your information.
Our responsibility
We take care to keep this website accurate and available, but we can’t promise it will always be error-free or uninterrupted. Nothing in these terms limits liability that cannot be limited by law.
Changes
We may update these terms from time to time. The date at the top shows when they last changed.
Law
These terms are governed by the law of England and Wales, and the courts of England and Wales have jurisdiction.