SOFTCAT PLC

Company Information

Company Number
02174990
Registered Address
Solar House, Fieldhouse Lane, Marlow, Buckinghamshire, United Kingdom, SL7 1LW
Status
Active
Employee Count
2,151
Turnover
£985,300,000
EBITDA
£147,016,000

Additional Details

Company Type
Public limited Company
Incorporated On
7 October 1987
Nature of Business
62090 - Other information technology service activities
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:14 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
71%
31-60 Days
26%
After 60 Days
3%
Not Paid Within Terms11%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202529 Aug 20252571%26%3%11%
01 Aug 2023 - 31 Jan 202429 Feb 20242865%33%2%9%
01 Feb 2023 - 31 Jul 202331 Aug 20233355%40%5%13%
01 Aug 2022 - 31 Jan 202328 Feb 20234037%53%10%19%
01 Feb 2022 - 31 Jul 202218 Aug 20223451%44%5%15%
01 Aug 2021 - 31 Jan 202209 Feb 20223256%39%5%10%
01 Feb 2021 - 31 Jul 202111 Aug 20213255%42%3%8%
01 Aug 2020 - 31 Jan 202125 Feb 20214033%50%17%25%
01 Feb 2020 - 31 Jul 202026 Aug 20204128%56%16%24%
01 Aug 2019 - 31 Jan 202003 Mar 20203931%53%16%25%
01 Aug 2018 - 31 Jan 201927 Feb 20193451%38%11%12%

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 has standard payment terms of 30 days but has negotiated standard payment terms of between 14 and 90 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Minor amendments have been made in the reporting of payment practices in this period. These include refinements to the dates that invoices are processed when they are received with automatic bill import. These changes only have a minor (c.1%) impact on the payment results in the period.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Softcat's accounts payable team offer support through to query resolution to all suppliers. The team can be contacted by email, letter or telephone and each supplier has a dedicated representative for their account.

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

SOFTCAT PLC is a leading provider of IT infrastructure and software solutions in the UK

The company was founded in 1993 and is headquartered in Marlow, Buckinghamshire

They have over 6,000 customers and work with major technology partners such as Microsoft, Dell, and HP.\n\nThe company offers a wide range of products and services including hardware and software procurement, IT consultancy, cloud solutions, and managed services

They also provide specialized solutions for cybersecurity, data storage, and networking.\n\nSOFTCAT PLC is committed to sustainability and has implemented various initiatives to reduce their environmental impact

They have a recycling program for old IT equipment and have invested in energy-efficient technologies for their own operations

The company also supports local charities and community projects through their Softcat Foundation.\n\nThe key people at SOFTCAT PLC include the CEO, Graeme Watt, who has been with the company since 2018, and the Chairman, Martin Hellawell, who has been with the company since 2006

The company has over 1,600 employees across their offices in the UK.\n\nFor more information on their products and services, customers can visit the company's website at www.softcat.com

The registered office address for SOFTCAT PLC is 1 The Boulevard, Abbey Street, Marlow, Buckinghamshire, SL7 1YZ

Financial Metrics

Cash
£122,621,000
Net Worth
£244,290,000
Total Current Assets
£620,173,000
Total Current Liabilities
£390,138,000

Company Location