QIOPTIQ LIMITED
Company Information
- Company Number
- 00876004
- Registered Address
- Glascoed Road, St Asaph, Denbighshire, LL17 0LL
- Status
- Active
- Employee Count
- 604
- Turnover
- £90,008,000
- EBITDA
- £15,203,000
Additional Details
- Website
- https://www.qioptiq.com/
- Company Type
- Private limited Company
- Incorporated On
- 1 April 1966
- Nature of Business
- 26511 - Manufacture of electronic measuring, testing etc. equipment, not for industrial process control26513 - Manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control26701 - Manufacture of optical precision instruments
- Industries
- Information Technology,Telecommunications And Data,Life Sciences And Medical Technology,Supply Chain,Manufacturing And Commerce Models
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2024 - 31 Dec 2024 | 08 Jan 2025 | 37 | 38% | 59% | 3% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 01 Jul 2024 | 40 | 35% | 54% | 11% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Mar 2024 | 49 | 35% | 55% | 10% | 55% |
| 01 Jan 2023 - 30 Jun 2023 | 03 Jul 2023 | 49 | 36% | 53% | 11% | 48% |
| 01 Jul 2022 - 31 Dec 2022 | 05 Jan 2023 | 44 | 35% | 60% | 6% | 49% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Jul 2022 | 49 | 35% | 55% | 10% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Jan 2022 | 39 | 39% | 57% | 4% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Aug 2021 | 37 | 38% | 57% | 4% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 36 | 44% | 49% | 6% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 06 Aug 2020 | 39 | 49% | 40% | 11% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 51 | 15% | 63% | 22% | 55% |
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
Unless otherwise agreed in writing, Qioptiq Limited ("Qioptiq") will pay for third party goods or services, within 60 days of receipt of a correct, undisputed and properly due VAT invoice, such invoice to be provided by the supplier within the time contractually agreed with Qioptiq. Invoices must generally state: the contact details of the Qioptiq point of contact; the relevant purchase order number; the period to which the invoice relates; the Supplier's bank account for payment; all charges and applicable taxes, and a description of the services/products. Qioptiq may set off amounts owing to it by the supplier, and if Qioptiq has a bona fide dispute relating to all or some of the supplier's invoices, Qioptiq may withhold payment of the disputed amount, pending resolution of the dispute.
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
The general procedure for resolving disputes involves Qioptiq’ procurement point of contact and the supplier's representative attempting to address the issue first. Suppliers can also contact Qioptiq's dedicated accounts payable team via email (Purchase.Ledger@uk.excelitas.com). Both parties typically aim to resolve disputes quickly, often involving senior Qioptiq managers when necessary, and in line with the contract's terms.
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
QIOPTIQ LIMITED is a leading optical technology company providing innovative solutions for a wide range of industries. They are committed to sustainability and have a strong focus on creating products and services that have a positive impact on the environment.
Their sustainability program includes initiatives such as reducing energy consumption, using renewable energy sources, and implementing responsible waste management practices. They also prioritize ethical sourcing of materials and strive to minimize their carbon footprint in all aspects of their operations.
QIOPTIQ LIMITED offers a diverse range of products and services, including precision optics, opto-mechanical assemblies, and laser systems. These are used in various industries such as aerospace, defense, and healthcare. Their products are known for their high quality and reliability, and they have a strong reputation for delivering customized solutions to meet their clients' specific needs.
The company is led by a team of experienced and dedicated professionals, including engineers, scientists, and business leaders. They are committed to driving innovation and delivering exceptional results for their customers.
For more information on QIOPTIQ LIMITED and their products and services, visit their website at www.qioptiq.com. Their registered office address is 2-6 Sovereign Way, Tonbridge, Kent, TN9 1RH, United Kingdom.
