SPIRENT COMMUNICATIONS PLC

PaymentCheck Score 2025
78Good
2.1vs last year
#1907 in UK
#10 in Safety And Security
#319 in South East

Company Information

Company Number
00470893
Registered Address
Origin One, 108 High Street, Crawley, England, RH10 1BD
Status
Active
Employee Count
1,621
Turnover
£372,292,000
EBITDA
£32,418,000

Additional Details

Company Type
Public limited Company
Incorporated On
16 July 1949
Nature of Business
61900 - Other telecommunications activities
70100 - Activities of head offices
Industries
Safety And Security
Region
South East

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
72%
31-60 Days
22%
After 60 Days
6%
Not Paid Within Terms24%

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: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252771%23%6%26%
01 Jul 2024 - 31 Dec 202408 May 20252673%22%5%22%
01 Jul 2023 - 31 Dec 202331 Jan 20244451%31%18%18%
01 Jan 2023 - 30 Jun 202331 Jul 20233945%41%14%14%
01 Jul 2022 - 31 Dec 202203 Feb 20233548%41%11%11%
01 Jan 2022 - 30 Jun 202211 Nov 20223749%35%15%15%
01 Jul 2021 - 31 Dec 202115 Feb 20223457%33%10%10%
01 Jan 2021 - 30 Jun 202129 Jul 20213455%35%9%9%
01 Jan 2020 - 30 Jun 202030 Jul 20203453%34%13%13%
01 Jan 2019 - 30 Jun 201930 Jul 20193061%36%3%3%
01 Jul 2018 - 31 Dec 201829 Jan 20192769%28%3%6%
01 Jan 2018 - 30 Jun 201830 Jul 20183067%28%5%10%

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

60 days from receipt of a valid invoice

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Payment disputes should be reported to either Finance or Purchasing and can be further escalated to either the Purchasing or Accounting Managers for investigation and resolution, as appropriate

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

SPIRENT COMMUNICATIONS PLC is a British multinational technology company that specializes in providing communication and network testing solutions. The company was founded in 1936 and is headquartered in Crawley, West Sussex.

The company's main activities revolve around designing, developing, and manufacturing products and services for testing and monitoring networks, devices, and applications for a wide range of industries including telecommunications, aerospace, and automotive.

SPIRENT is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes reducing energy consumption, waste generation, and emissions, as well as promoting sustainable practices throughout its supply chain.

The company offers a wide range of products and services, including testing and measurement equipment, network and application performance management software, and cybersecurity solutions. These products and services help customers to ensure the reliability, security, and performance of their networks and applications.

Some key people in SPIRENT include Eric Updyke, the CEO, and Paula Bell, the CFO. The company has a global presence with offices in over 30 countries and a diverse team of over 1,600 employees.

For more information on SPIRENT and its products and services, you can visit their website at www.spirent.com. The registered office address is Spirent Communications PLC, Northwood Park, Gatwick Road, Crawley, West Sussex, RH10 9XN, United Kingdom.

Financial Metrics

Cash
£164,624,568
Net Worth
£206,723,217
Total Current Assets
£324,772,227
Total Current Liabilities
£149,544,454

Company Location