The average time taken for EMC COMPUTER SYSTEMS (U.K.) LIMITED to pay invoices has decreased over the past three periods, from 71 days in Feb 2018 to 55 days in Jan 2020.
The company's volatility in terms of invoice payment has also decreased, with the percentage of invoices paid within 30 days increasing from 23% in Feb 2018 to 35% in Jan 2020, while the percentage of invoices paid later than 60 days has decreased from 36% to 50% in the same time period.
| 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 |
|---|---|---|---|---|---|---|
| 02 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 55 | 35% | 15% | 50% | 0% |
| 02 Feb 2019 - 01 Aug 2019 | 29 Aug 2019 | 58 | 30% | 13% | 57% | 1% |
| 03 Aug 2018 - 02 Feb 2019 | 04 Mar 2019 | 66 | 32% | 27% | 41% | 3% |
| 03 Feb 2018 - 02 Aug 2018 | 16 Jan 2019 | 71 | 23% | 41% | 36% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company’s most frequently used terms used during the reporting period were Net 80, Net 30, Net 45 days and Immediate. Net Terms: Payment is processed by a daily payment batch following 80/30/45 days (per terms) from the invoice date. With effect from 2 November 2019 and on the basis of an intra-group business transfer agreement, the assets, liabilities and contracts of EMC Computer Systems (UK) Limited were transferred to Dell Corporation Limited.
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
80
In the event of a dispute between a vendor and the company, the vendor can contact the accounts payable department including via an online tool accessible to vendors. The accounts payable department will work to address and resolve the issue. If the matter remains unresolved, it will be escalated to company management, with ultimate redress to applicable courts.
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
EMC Computer Systems (U.K.) Limited was a private limited company incorporated in 1986 and dissolved in December 2022 following a voluntary strike-off. Its registered SIC classification was other information technology service activities. Companies House filings show its registered office was latterly at Dell EMC Tower in Brentford before moving to London, and its person with significant control was Dell Corporation Limited, indicating the company operated as a UK subsidiary within the Dell group. No further detail on specific products or services delivered by this entity 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 · find-and-update.company-information.service.gov.uk