PITNEY BOWES SOFTWARE EUROPE LIMITED
Company Information
- Company Number
- 01977325
- Registered Address
- Pearl Assurance House, 319 Ballards Lane, London, N12 8LY
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://pitneybowes.com
- Company Type
- Private limited Company
- Incorporated On
- 14 January 1986
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for PITNEY BOWES SOFTWARE EUROPE LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in 2019 followed by a slight increase in 2020.
Volatility Analysis
The % of invoices paid within 30 days has remained relatively stable, while the % of invoices paid between 31 and 60 days has increased significantly from 21% in 2018 to 42% in 2020. The % of invoices paid later than 60 days has also increased, reaching its highest level in 2019 at 17%. The % of invoices not paid within agreed terms has also seen an increase, reaching 70% in 2019. The shortest (or only) standard payment period has remained consistent at 10 days.
Summary Analysis
Between Jan 2018 and Jun 2020, the average time taken for PITNEY BOWES SOFTWARE EUROPE LIMITED to pay invoices has fluctuated, with a decrease in 2019 followed by a slight increase in 2020. The % of invoices paid within 30 days has remained relatively stable, while the % of invoices paid between 31 and 60 days has increased significantly. The % of invoices paid later than 60 days has also increased, reaching its highest level in 2019 at 17%. The % of invoices not paid within agreed terms has also seen an increase, reaching 70% in 2019. The shortest (or only) standard payment period has remained consistent at 10 days.
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 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 35 | 51% | 42% | 7% | 53% |
| 01 Jul 2019 - 31 Dec 2019 | 08 Apr 2020 | 49 | 57% | 26% | 17% | 70% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 50 | 57% | 26% | 17% | 63% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 32 | 65% | 27% | 8% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 30 | 72% | 21% | 7% | 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
45
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Multi-Lingual helpdesk with 48 hours TAT. Escalation through Sourcing Manager
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
PITNEY BOWES SOFTWARE EUROPE LIMITED is a technology company that provides software and services for businesses to improve their operations and increase efficiency. The company is committed to sustainability and has a strong focus on reducing its environmental impact.
Their sustainability program includes initiatives such as reducing energy consumption, waste reduction and recycling, and promoting sustainable practices among employees and suppliers. They also work with customers to help them reduce their carbon footprint through the use of their software solutions.
PITNEY BOWES SOFTWARE EUROPE LIMITED offers a wide range of products and services, including location intelligence software, data management, customer engagement, and e-commerce solutions. These products and services help businesses to streamline their operations, improve customer engagement, and make data-driven decisions.
The key people at PITNEY BOWES SOFTWARE EUROPE LIMITED include CEO David Dobson and President of Europe, Middle East and Africa, Andy Berry. The company has a team of experienced professionals who are dedicated to providing innovative solutions to their clients.
Their website address is www.pitneybowes.com/uk and their registered office address is Building 6, Croxley Park, Watford, Hertfordshire, WD18 8YH, United Kingdom.
In summary, PITNEY BOWES SOFTWARE EUROPE LIMITED offers sustainable software solutions to help businesses improve their operations, reduce their environmental impact, and make data-driven decisions. With a strong commitment to sustainability and a team of experienced professionals, the company is a leader in the technology industry.
