PITNEY BOWES LIMITED

PaymentCheck Score 2024
55Fair
0.4vs last year
#3960 in UK
#72 in Manufacturing
#1506 in London

Company Information

Company Number
00182037
Registered Address
5 Churchill Place, 10th Floor, London, United Kingdom, E14 5HU
Status
Active
Employee Count
283
Turnover
£38,530,000
EBITDA
£4,587,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 May 1922
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
Industries
Manufacturing
Region
London

Time to Pay

Average Time to Pay
34 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
47%
31-60 Days
40%
After 60 Days
13%
Not Paid Within Terms73%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202421 Jan 20253447%40%13%73%
01 Jul 2023 - 31 Dec 202330 Jan 20243545%36%19%71%
01 Jan 2023 - 30 Jun 202303 Aug 20233146%39%14%68%
01 Jan 2022 - 30 Jun 202207 Jul 20223647%39%14%68%
01 Jul 2020 - 31 Dec 202001 Mar 20213254%36%10%49%
01 Jul 2018 - 31 Dec 201818 Jan 20193833%63%3%22%
01 Jan 2018 - 01 Jun 201827 Jul 20183541%54%4%28%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

45 days from invoice.

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

Dispute Resolution Process

We have a multi-lingual helpdesk which can address invoice related questions. The TAT is 72 hours but questions are usually answered within 24 hours. Escalation to other departments is possible.

Other Payment Information

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.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

Pitney Bowes Limited is a global technology company that specializes in providing solutions for businesses to simplify and improve their communication, shipping, and e-commerce processes. With a focus on sustainability, the company is committed to reducing its environmental impact and promoting social responsibility.

The company's sustainability program, called "Eco-Meter," measures and tracks their environmental performance, setting targets for reducing energy consumption, waste, and carbon emissions. They also have a "green team" made up of employees who volunteer to implement sustainable practices within the company.

Pitney Bowes Limited offers a wide range of products and services, including mailing and shipping solutions, e-commerce, data management, customer engagement, and location intelligence. These solutions help businesses of all sizes to manage their operations more efficiently and effectively.

The key people at Pitney Bowes Limited include Marc B. Lautenbach, the President and CEO, who is responsible for the overall strategic direction of the company, and Bill Hughes, the Executive Vice President and Chief Financial Officer, who oversees the company's financial operations.

The company's website address is www.pitneybowes.com, where customers can learn more about their products and services, access customer support, and find resources and solutions for their business needs. The registered office address is Building 5 Trident Place, Mosquito Way, Hatfield, Hertfordshire, AL10 9UJ, United Kingdom.

In summary, Pitney Bowes Limited is a leading technology company with a strong commitment to sustainability, offering a variety of solutions to help businesses streamline their operations. With a dedicated team and a focus on innovation, the company is well-positioned to continue driving growth and making a positive impact in the business world.

Financial Metrics

Cash
£21,089,000
Net Worth
£94,119,000
Total Current Assets
£175,567,000
Total Current Liabilities
£80,034,000

Company Location