| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 27 | 71% | 23% | 6% | 26% |
| 01 Jul 2024 - 31 Dec 2024 | 08 May 2025 | 26 | 73% | 22% | 5% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 44 | 51% | 31% | 18% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 39 | 45% | 41% | 14% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | 35 | 48% | 41% | 11% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Nov 2022 | 37 | 49% | 35% | 15% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Feb 2022 | 34 | 57% | 33% | 10% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 34 | 55% | 35% | 9% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 34 | 53% | 34% | 13% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 61% | 36% | 3% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 27 | 69% | 28% | 3% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 67% | 28% | 5% | 10% |
This information is as reported by the business, and responses are in their own words.
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
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
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
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.