NEC SOFTWARE SOLUTIONS UK LIMITED
Company Information
- Company Number
- 00968498
- Registered Address
- 1st Floor, Imex Centre, 575-599 Maxted Road, Hemel Hempstead, Hertfordshire, United Kingdom, HP2 7DX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 December 1969
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
NEC Software Solutions UK Limited demonstrates a strong trend for timely payments, with an impressive average payment time of 27 days. A significant 70% of payments are consistently settled within 30 days, indicating good adherence to standard payment cycles. This trajectory suggests a generally reliable payment partner in terms of initial payment speed and consistency for the majority of invoices.
Volatility Analysis
Despite the strong average, approximately 27% of payments extend into the 31-60 day range, introducing a moderate level of unpredictability for nearly one-third of invoices. A small but notable 3% of payments are severely late, extending beyond 60 days, which represents a low but present risk for cash flow disruption. Suppliers should anticipate that some invoices may not adhere strictly to 30-day terms, requiring some flexibility in their financial planning.
Summary Analysis
Overall, NEC Software Solutions UK Limited presents as a largely reliable payer, characterized by its low average payment time and high percentage of prompt payments. Key decision factors for suppliers should include the potential for up to 30% of invoices to extend beyond 30 days, advising the maintenance of adequate working capital. Risk mitigation could involve negotiating clear payment terms for critical supplies or establishing early communication channels for delayed invoices.
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 Apr 2025 - 30 Sept 2025 | 23 Oct 2025 | 27 | 70% | 27% | 3% | 3% |
| 01 Oct 2024 - 31 Mar 2025 | 06 May 2025 | 29 | 68% | 27% | 5% | 2% |
| 01 Apr 2024 - 30 Sept 2024 | 01 Nov 2024 | 40 | 58% | 29% | 13% | 4% |
| 01 Oct 2023 - 31 Mar 2024 | 01 May 2024 | 44 | 53% | 31% | 16% | 2% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 44 | 52% | 34% | 14% | 1% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 49 | 49% | 35% | 16% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 51 | 37% | 43% | 20% | 1% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 50 | 30% | 45% | 25% | 2% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 61 | 13% | 46% | 40% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 59 | 13% | 42% | 43% | 5% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 60 | 15% | 46% | 39% | 4% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 69 | 20% | 40% | 40% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 68 | 15% | 43% | 42% | 7% |
| 01 Nov 2018 - 31 Mar 2019 | 29 Apr 2019 | 69 | 18% | 38% | 44% | 14% |
| 01 May 2018 - 31 Oct 2018 | 19 Nov 2018 | 58 | 31% | 32% | 37% | 7% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 49 | 40% | 26% | 33% | 20% |
| 01 May 2017 - 31 Oct 2017 | 28 Nov 2017 | 46 | 39% | 23% | 38% | 17% |
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
Standard terms are between 30 an 60 days, with options for shorter or longer periods available subject to agreement with supplier.
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
75
Dispute Resolution Process
NEC Software Solutions follow a no PO no payment policy Supplier disputes are highlighted and communicated via direct contact with Supplier following invoice rejection. All supplier payment escalations are logged at point of contact and reviewed as part of the daily payment review.
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
NEC Software Solutions UK Limited is an active private limited company that specialises in providing software solutions
Its name clearly indicates a core business focus on delivering software-based services and products
Incorporated on 17 December 1969, the company operates with company number 00968498
Its registered office is located at 1st Floor, Imex Centre, 575-599 Maxted Road, Hemel Hempstead, Hertfordshire, United Kingdom, HP2 7DX, placing its operational base within the South East of England
Typically, companies offering software solutions in the UK market provide a comprehensive range of services
These often include custom software development, implementation of enterprise systems such as ERP and CRM, and ongoing software support and maintenance
They may also offer consultancy for digital transformation and system integration to various organisations
