Score of 81.3/100 qualifies for PaymentCheck Certification
The average time taken for I.C.T.S. (U.K.) LIMITED to pay invoices has decreased over the past three periods, with a significant decrease of 15 days in 2020 compared to 2019. However, there has been a slight increase of 5 days in 2021 and 2022 compared to 2020.
The percentage of invoices paid within 30 days has fluctuated over the past three periods, with a high of 97% in 2020 and a low of 30% in 2021. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a high of 65% in 2021 and a low of 2% in 2020. The percentage of invoices paid later than 60 days has remained relatively stable, with a low of 1% in 2020 and a high of 10% in 2019. The percentage of invoices not paid within agreed terms has also remained stable, with a low of 2% in 2020 and a high of 10% in 2018 and 2019.
Looking at the past three periods, I.C.T.S. (U.K.) LIMITED has improved their payment time by 15 days in 2020 compared to 2019. However, there has been a slight increase of 5 days in 2021 and 2022 compared to 2020. The company has also improved their percentage of invoices paid within 30 days, with a high of 97% in 2020. However, there has been a decrease in this percentage in 2021 and 2022 compared to 2020. The company has also improved their percentage of invoices paid between 31 and 60 days, with a high of 65% in 2021. The worst period for I.C.T.S. (U.K.) LIMITED in terms of late payments was in 2019, where 10% of invoices were paid later than 60 days. The shortest (or only) standard payment period for the company has remained consistent at 7 days over the past three periods.
| 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 2025 - 31 Dec 2025 | 11 May 2026 | 30 | 77% | 22% | 1% | 1% |
| 01 Jan 2024 - 31 Dec 2024 | 11 May 2026 | 30 | 73% | 25% | 2% | 4% |
| 01 Jan 2023 - 31 Dec 2023 | 31 Jan 2024 | 30 | 71% | 24% | 5% | 3% |
| 01 Jan 2022 - 31 Dec 2022 | 31 Jan 2024 | 30 | 68% | 26% | 4% | 2% |
| 01 Jan 2021 - 31 Dec 2021 | 03 Mar 2023 | 35 | 30% | 65% | 5% | 5% |
| 01 Jan 2020 - 31 Dec 2020 | 17 Sept 2021 | 30 | 97% | 2% | 1% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 20 Aug 2019 | 45 | 65% | 25% | 10% | 8% |
| 01 Jan 2018 - 31 Dec 2018 | 20 Aug 2019 | 45 | 60% | 30% | 10% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are net 30 days; however, we may have agreed to shorter terms for certain customers or contracts. In such cases, we will honour the agreed payment terms.
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
60
Please contact: apteam@icts.co.uk with queries and our Team leader will help resolve any issues.
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
I.C.T.S. (U.K.) Limited trades as ICTS UK and is part of the ICTS Europe Group. It provides private security services across the UK, combining security personnel, specialist detection dogs and security technology systems. Clients span more than 115 private and public sector organisations, including airports, financial institutions, critical national infrastructure and colleges, with services ranging from single-guard contracts to large multi-national deployments. The company holds SIA Approved Contractor Scheme status for security guarding and public space CCTV. Its own reporting describes over 4,800 personnel and 144 UK locations, with the wider ICTS Europe Group operating across 23 countries.
Generated from the company's website and Companies House records. Sources: icts.co.uk · icts.co.uk · icts.co.uk