THALES DIS UK LIMITED

PaymentCheck Score 2025
74Fair
13.9vs last year
#2137 in UK
#37 in Software
#355 in South East

Company Information

Company Number
01278148
Registered Address
350 Longwater Avenue, Green Park, Reading, Berkshire, England, RG2 6GF
Status
Active
Employee Count
394
Turnover
£138,304,000
EBITDA
£9,335,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 September 1976
Nature of Business
26110 - Manufacture of electronic components
62020 - Information technology consultancy activities
71129 - Other engineering activities
82990 - Other business support service activities not elsewhere classified
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
32 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
62%
31-60 Days
31%
After 60 Days
7%
Not Paid Within Terms15%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202505 Aug 20253262%31%7%15%
01 Jul 2024 - 31 Dec 202430 Jan 20252487%9%4%13%
01 Jul 2023 - 31 Dec 202331 Jan 20243188%7%5%16%
01 Jan 2023 - 30 Jun 202325 Jul 20233172%21%7%38%
01 Jul 2022 - 31 Dec 202225 Jul 20233177%15%8%28%
01 Jan 2022 - 30 Jun 202225 Jul 20233555%37%8%54%
01 Jul 2021 - 31 Dec 202101 Jun 20223167%25%8%8%
01 Jan 2021 - 30 Jun 202101 Jun 20224063%23%14%14%
01 Jun 2020 - 30 Jun 202030 Jul 20202667%29%4%43%

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

The Supplier shall submit invoices to the address stated on the Order after Delivery of the Goods or the performance of the Services. Every invoice shall include the following information: Order number and the Order item number; Goods and/or Services to which it relates; Supplier’s VAT number; Supplier’s bank account number, sort code and invoice address; invoice number; date of the invoice; name of the relevant Thales company and its full address; Delivery Address; Price and the total amount due; and any other information reasonably required by Thales. Thales may reject any invoice that does not include the information set out above. No payments shall be made until and unless the Goods and/or Services have been accepted.

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

Thales UK will endeavour to advise suppliers promptly of any disputes or reasons why an invoice will not be paid to the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute.  Once resolved, payment will be made in accordance with the terms of the contract, this document and the UK Prompt Payment Code.

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

THALES DIS UK LIMITED is a subsidiary of the global technology company THALES Group, specializing in the defense and security industry. The company is registered in the UK and has its registered office address at 2 Dashwood Lang Road, The Bourne Business Park, Addlestone, Surrey, KT15 2NX.

The company offers a wide range of products and services including mission-critical communication systems, integrated surveillance solutions, and advanced cybersecurity services. Their products are designed to provide reliable and secure solutions for defense, aerospace, and transportation industries.

In addition to their innovative products, THALES DIS UK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set ambitious targets to reduce their carbon footprint and have been recognized for their efforts in sustainability by various organizations.

The key people at THALES DIS UK LIMITED include CEO Victor Chavez, who has over 30 years of experience in the defense and security industry, and CFO Peter Duffield, who has a strong background in finance and business strategy.

The company has a dedicated website (www.thalesgroup.com/en/united-kingdom/defence) where customers can find information about their products and services, career opportunities, and company news. They also have a social media presence on platforms like LinkedIn, Twitter, and YouTube.

Overall, THALES DIS UK LIMITED is a leading player in the UK defense and security industry, offering cutting-edge products and services while also prioritizing sustainability. With their strong leadership and commitment to innovation, the company is well-positioned for continued success in the future.

Financial Metrics

Cash
£6,505,000
Net Worth
£56,136,000
Total Current Assets
£95,563,000
Total Current Liabilities
£45,443,000

Company Location