IBM UNITED KINGDOM LIMITED
Company Information
- Company Number
- 00741598
- Registered Address
- P.O. Box 41, North Harbour, Portsmouth, Hants, PO6 3AU
- Status
- Active
- Employee Count
- 7,660
- Turnover
- £3,123,000,000
- EBITDA
- £143,600,000
Additional Details
- Website
- https://ibm.com
- Company Type
- Private limited Company
- Incorporated On
- 21 November 1962
- Nature of Business
- 26200 - Manufacture of computers and peripheral equipment
- Industries
- Information Technology,Telecommunications And Data,Professional Services,Safety And Security,Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that the average time taken for IBM UNITED KINGDOM LIMITED to pay invoices has remained relatively consistent at around 53-58 days over the past 5 years. However, there has been a significant increase in the percentage of invoices paid within 30 days from 31% in 2018 to 23% in 2023. This suggests that the company has improved their payment efficiency and is paying a larger proportion of invoices within the agreed terms.
Volatility Analysis
The data also shows that there has been some volatility in the percentage of invoices paid between 31-60 days, with a high of 45% in 2019 and a low of 14% in 2020. This could be due to changes in the company's payment processes or external factors such as economic conditions.
Summary Analysis
In summary, the data for IBM UNITED KINGDOM LIMITED shows that the company has improved their payment efficiency over the past 5 years. There has been a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. The company also appears to be paying a smaller proportion of invoices later than 60 days, indicating a positive change in their payment practices.
Performance Reports History
| 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 | 42 | 39% | 58% | 3% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 41 | 38% | 61% | 1% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 45 | 30% | 66% | 4% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 51 | 23% | 71% | 6% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 51 | 20% | 75% | 5% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 52 | 17% | 79% | 4% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 53 | 15% | 82% | 3% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 54 | 13% | 83% | 4% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 53 | 12% | 85% | 3% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 53 | 14% | 82% | 4% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 53 | 17% | 83% | 0% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 58 | 21% | 45% | 34% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 56 | 22% | 33% | 45% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 57 | 22% | 31% | 47% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 53 | 31% | 25% | 44% | 2% |
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
IBM United Kingdom Limited has standard payment terms of 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
IBM Corporation has a Supplier Ombudsman, the details for which are publicly available on the IBM website: https://www.ibm.com/procurement/ossi
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
IBM United Kingdom Limited is the British subsidiary of IBM, a multinational technology company headquartered in the United States. The company's main focus is on providing innovative solutions and services related to information technology, cloud computing, and artificial intelligence.
In terms of sustainability, IBM United Kingdom Limited has a strong commitment to reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as carbon footprint reduction, waste management, and energy efficiency measures. The company also has a sustainability program that encourages employees to be more environmentally conscious and supports community projects related to sustainability.
IBM United Kingdom Limited offers a wide range of products and services, including hardware, software, consulting, and managed services. Some of their key offerings include cloud computing, data analytics, and cybersecurity solutions. They cater to various industries such as finance, healthcare, retail, and government.
The key people at IBM United Kingdom Limited include the Managing Director, Bill Kelleher, and the Vice President of IBM UK and Ireland, Andrew Grill. The company has a team of over 20,000 employees across the UK, who are dedicated to delivering high-quality services and solutions to their clients.
For more information on IBM United Kingdom Limited, their products, and services, you can visit their website at www.ibm.com/uk-en/. Their registered office address is PO Box 41, North Harbour, Portsmouth, Hampshire, PO6 3AU, United Kingdom.
