IPC INFORMATION SYSTEMS
Company Information
- Company Number
- 01823833
- Registered Address
- Devonshire Square, 1st Floor, 7 Devonshire Square, London, England, EC2M 4YH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private unlimited company
- Incorporated On
- 12 June 1984
- Nature of Business
- 61900 - Other telecommunications activities62090 - Other information technology service activities
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
IPC INFORMATION SYSTEMS exhibits a clear trend towards extended payment cycles, with an average payment time of 72 days. A significant portion of invoices (39%) are paid over 60 days, and 66% are considered late, indicating a consistent pattern of slow payment. This trajectory suggests suppliers should anticipate payments well beyond standard 30-day terms.
Volatility Analysis
The payment data for IPC INFORMATION SYSTEMS indicates low predictability, as only 42% of payments are made within 30 days while a substantial 66% are late. The significant spread, with 39% paid over 60 days, introduces considerable cash flow risk for suppliers. This lack of consistent on-time payment makes reliable forecasting challenging.
Summary Analysis
IPC INFORMATION SYSTEMS represents a high-risk payment profile for potential suppliers due to consistently late and extended payment cycles. Suppliers should factor the 72-day average payment time and 66% late payment rate into pricing and cash flow projections. Implementing strict payment terms, pre-payment requirements, or early payment discounts could mitigate the significant liquidity risk.
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 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 72 | 42% | 19% | 39% | 66% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 43 | 49% | 25% | 26% | 41% |
| 01 Oct 2022 - 31 Mar 2023 | 21 Apr 2023 | 45 | 58% | 28% | 14% | 38% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 39 | 66% | 22% | 12% | 34% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 28 | 62% | 33% | 5% | 62% |
| 01 Apr 2021 - 30 Sept 2021 | 20 Oct 2021 | 28 | 63% | 34% | 3% | 52% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 28 | 67% | 29% | 4% | 49% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 38 | 52% | 34% | 14% | 57% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 23 | 72% | 25% | 3% | 54% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 29 | 63% | 26% | 11% | 56% |
| 01 Oct 2018 - 31 Mar 2019 | 02 May 2019 | 31 | 62% | 30% | 8% | 63% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 37 | 52% | 38% | 10% | 69% |
| 01 Oct 2017 - 31 Mar 2018 | 26 Apr 2018 | 35 | 45% | 47% | 8% | 62% |
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
30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Dispute is raised with the supplier with details of what is being disputed. Payment withheld until supplier provides adequate details to support the original invoice or provides credit note or amended invoice.
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
IPC INFORMATION SYSTEMS is an active private unlimited company that provides information systems services.
The company, with company number 01823833, was incorporated on 12 June 1984. Its registered office is located in London at Devonshire Square, 1st Floor, 7 Devonshire Square, London, England, EC2M 4YH.
Companies operating within the information systems sector in the UK typically specialise in developing, implementing, and managing IT infrastructure and software solutions. These providers often offer services such as system integration, data management, network solutions, and ongoing technical support for organisations.
