EMC COMPUTER SYSTEMS UK LIMITED

PaymentCheck Score 2020
53Fair
New Entry
#3620 in UK
#1339 in London

Company Information

Company Number
02051360
Registered Address
1st & 2nd Floor One Creechurch Place, London, England, EC3A 5AF
Status
Dissolved
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
1 September 1986
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

Average Time to Pay
55 days
Shortest Period:0 days
Longest Period:80 days
Max Contractual:80 days

Payment Timeline

Within 30 Days
35%
31-60 Days
15%
After 60 Days
50%
Not Paid Within Terms0%

Payment Features

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

Company Review

Trend Analysis

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.

Volatility Analysis

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.

Performance Reports History

Reporting Period Filed: 2020-02-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Aug 2019 - 31 Jan 202028 Feb 20205535%15%50%0%
02 Feb 2019 - 01 Aug 201929 Aug 20195830%13%57%1%
03 Aug 2018 - 02 Feb 201904 Mar 20196632%27%41%3%
03 Feb 2018 - 02 Aug 201816 Jan 20197123%41%36%21%

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 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

Any other information about payment terms

N/A

Maximum contractual payment period agreed

80

Dispute Resolution Process

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.

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

EMC COMPUTER SYSTEMS (U.K.) LIMITED is a multinational technology company that provides data storage, management, and protection solutions to businesses and organizations. The company was founded in 1979 and has its registered office address in Brentford, Middlesex.

The company's sustainability program focuses on reducing its environmental impact through energy-efficient products and responsible waste management. It also aims to promote diversity and inclusion in its workforce and supply chain.

EMC offers a wide range of products and services including storage systems, data protection software, and cloud computing solutions. Their products are designed to help businesses manage and store large amounts of data efficiently and securely.

The key people at EMC COMPUTER SYSTEMS (U.K.) LIMITED include David Goulden, the CEO, and Mark Lewis, the President of the UK and Ireland region. Both leaders have extensive experience in the technology industry and are committed to driving the company's success.

Customers can contact EMC through their website, which provides information about their products and services, as well as access to customer support and technical assistance. The company also has a strong presence on social media platforms such as Twitter and LinkedIn.

In summary, EMC COMPUTER SYSTEMS (U.K.) LIMITED is a leading technology company with a focus on sustainability and providing efficient data management solutions. With its experienced leadership team and a wide range of products and services, the company continues to be a key player in the technology industry.

Financial Metrics

Cash
£0
Net Worth
£0
Total Current Assets
£0
Total Current Liabilities
£0

Company Location