Ranked in 5 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 80.7/100 qualifies for PaymentCheck Certification
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.
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.
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.
| 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 Oct 2025 - 31 Mar 2026 | 28 Apr 2026 | 25 | 72% | 26% | 2% | 5% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are between 30 and 60 days.
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
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.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
NEC Software Solutions UK Limited is an active UK company registered at Hemel Hempstead, Hertfordshire, and incorporated in 1969. Companies House records show it has traded under several previous names, including Northgate Information Solutions UK Limited and, until 2021, Northgate Public Services (UK) Limited, before adopting its current name. Its registered nature of business is classified as business and domestic software development, and associated industry tags cover application software, technology consultancy, IT and telecommunications support, and personnel supply and contract outsourcing services. No further detail on specific products, clients or contracts is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk