SOPHOS LIMITED
Company Information
- Company Number
- 02096520
- Registered Address
- The Pentagon, Abingdon Science Park, Abingdon, Oxfordshire, OX14 3YP
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 February 1987
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SOPHOS LIMITED exhibits a strong positive trend in payment speed, with an average payment time of 25 days and 80% of invoices settled within 30 days. This indicates a consistent tendency towards prompt payments for the majority of transactions. However, the remaining 20% of payments extending beyond 30 days suggests some variability in overall payment timeliness.
Volatility Analysis
Despite the favorable average, SOPHOS LIMITED demonstrates moderate volatility in its payment practices, evidenced by 27% of invoices being paid late. A significant portion of these late payments include 12% processed between 31-60 days and 8% exceeding 60 days, which introduces an element of unpredictability for supplier cash flow. This distribution indicates a potential risk of delayed payment, even though most invoices are settled promptly.
Summary Analysis
Overall, SOPHOS LIMITED is a generally reliable payer, with the majority of payments settled efficiently, making them a viable partner. However, the notable 27% late payment rate, particularly the 8% extending beyond 60 days, necessitates careful consideration by suppliers. It is recommended that suppliers establish clear payment terms and implement proactive monitoring or follow-up for invoices approaching 30 days to mitigate potential cash flow disruptions.
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 25 | 80% | 12% | 8% | 27% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 24 | 75% | 18% | 7% | 41% |
| 01 Apr 2024 - 30 Sept 2024 | 18 Nov 2024 | 25 | 75% | 16% | 9% | 42% |
| 01 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 33 | 70% | 20% | 10% | 50% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 28 | 71% | 18% | 11% | 42% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 28 | 75% | 13% | 12% | 28% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 29 | 72% | 15% | 13% | 28% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 31 | 69% | 16% | 15% | 30% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 31 | 69% | 16% | 15% | 30% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 29 | 72% | 15% | 13% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 34 | 63% | 21% | 17% | 23% |
| 01 Oct 2019 - 31 Mar 2020 | 17 Jun 2020 | 33 | 69% | 19% | 12% | 28% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 29 | 69% | 24% | 7% | 27% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 36 | 49% | 42% | 9% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 17 | 80% | 17% | 3% | 63% |
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 standard payment terms are invoice date plus 30 days. Significant contracts including those for stock manufacturers are subject to specific payment terms as set out and agreed in the applicable contract. Maximum contractual payment period agreed is invoice date plus 90 Days.
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
90
Dispute Resolution Process
Any disputes relating to invoice payment that cannot be resolved with the Company's Accounts Payable Team can be escalated initially to the Financial Controller and thereafter if still unresolved to the SVP Finance or CFO. Any dispute that cannot be resolved with the Finance team may be referred to the Group's General Counsel.
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.
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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.
❌
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
SOPHOS LIMITED is an active private limited company, established to conduct commercial operations within the United Kingdom
Its company type denotes a legal structure offering limited liability
The company was incorporated on 4 February 1987, operating under Company number 02096520
Its registered office is situated in the South East of England, specifically at The Pentagon, Abingdon Science Park, Abingdon, Oxfordshire, OX14 3YP
Private limited companies in the UK are formed to engage in various commercial ventures
Typically, these entities specialise in providing a diverse array of goods and services to consumers and businesses across numerous sectors within the market
