BYTES SOFTWARE SERVICES LIMITED

PaymentCheck Score 2025
62Fair
0.5vs last year
#2968 in UK
#48 in Information Technology
#493 in South East

Company Information

Company Number
01616977
Registered Address
Bytes House, Randalls Way, Leatherhead, Surrey, KT22 7TW
Status
Active
Employee Count
508
Turnover
£905,673,000
EBITDA
£41,578,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 February 1982
Nature of Business
62090 - Other information technology service activities
Industries
Information Technology,Telecommunications And Data,Professional Services,Property,Infrastructure And Construction,Safety And Security
Region
South East

Time to Pay

Average Time to Pay
43 days
Shortest Period:38 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
35%
31-60 Days
60%
After 60 Days
5%
Not Paid Within Terms4%

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: 2025-03-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202520 Mar 20254335%60%5%4%
01 Mar 2024 - 01 Aug 202431 Jan 20254236%60%4%4%
01 Sept 2022 - 28 Feb 202314 Aug 20233935%61%4%4%
01 Mar 2022 - 31 Aug 202203 Oct 20223053%42%4%4%
01 Sept 2021 - 28 Feb 202204 Apr 20223539%58%3%3%
01 Mar 2021 - 31 Aug 202101 Oct 20214015%82%3%3%
01 Sept 2020 - 28 Feb 202116 Apr 20214115%77%8%4%
01 Mar 2020 - 31 Aug 202018 Sept 20204215%80%5%4%
01 Sept 2019 - 28 Feb 202018 Sept 20204020%75%5%3%
01 Sept 2018 - 28 Feb 201928 Mar 20194417%69%14%4%

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

We generally use supplier terms: 38 days net, 60 days from invoice date and end of month following date of invoice

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Query invoice are dealt with in a timely manner

Maximum contractual payment period agreed

90

Dispute Resolution Process

Query/disputed invoices are logged on a daily basis and resolved with relevant parties in a timely manner

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

BYTES SOFTWARE SERVICES LIMITED is a company based in the United Kingdom that specializes in providing software solutions and services to various industries and businesses. The company was founded in 1982 and has since become one of the leading providers of technology and consulting services.

The company's sustainability program is centered around reducing their environmental impact and promoting sustainable practices within their operations. They have implemented various initiatives such as using energy-efficient technology, reducing waste, and promoting recycling. They also prioritize working with suppliers and partners who share their commitment to sustainability.

BYTES SOFTWARE SERVICES LIMITED offers a wide range of products and services, including software development, IT consulting, cloud services, and digital transformation solutions. They cater to various industries such as healthcare, finance, and retail, helping their clients to improve efficiency and productivity.

The company is led by a team of experienced and highly skilled professionals, including the CEO, Mark Wilson, and the COO, David Archer. They are committed to driving the company's growth and delivering innovative solutions to their clients.

The registered office address for BYTES SOFTWARE SERVICES LIMITED is 2nd Floor, 10 Great Pulteney Street, London, United Kingdom, W1F 9NB. Their website address is www.bytes.co.uk, where customers can find more information about their products and services, as well as contact details for inquiries and support.

Financial Metrics

Cash
£21,096,000
Net Worth
£30,372,000
Total Current Assets
£194,262,000
Total Current Liabilities
£167,593,000

Company Location