Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Jul 2025 - 31 Dec 2025 | 02 Jan 2026 | 37 | 37% | 58% | 5% | 15% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 35 | 46% | 51% | 3% | 23% |
| 28 Apr 2024 - 31 Dec 2024 | 07 Jan 2025 | 34 | 43% | 54% | 3% | 26% |
| 28 Oct 2023 - 27 Apr 2024 | 29 Apr 2024 | 37 | 39% | 56% | 5% | 42% |
| 29 Apr 2023 - 27 Oct 2023 | 30 Oct 2023 | 34 | 44% | 55% | 1% | 26% |
| 29 Oct 2022 - 28 Apr 2023 | 03 May 2023 | 34 | 53% | 43% | 4% | 30% |
| 30 Apr 2022 - 28 Oct 2022 | 02 Nov 2022 | 36 | 43% | 53% | 4% | 30% |
| 30 Oct 2021 - 29 Apr 2022 | 03 May 2022 | 35 | 44% | 50% | 6% | 32% |
| 01 May 2021 - 29 Oct 2021 | 01 Nov 2021 | 34 | 43% | 54% | 3% | 37% |
| 01 Oct 2020 - 30 Apr 2021 | 06 May 2021 | 33 | 42% | 54% | 4% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of following month
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
Reasons for not being able to pay based on agreed terms include receiving late or non-compliant invoices or invoices that are in dispute. We have an accounts payable team which are reachable by email. Vendors with invoice queries can contact this team. The accounts payable team will reach out to Spire's internal business contacts to investigate why the invoice has not been approved for payment.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Spire Technology Limited is registered under SIC code 46510, wholesale of computers, computer peripheral equipment and software. Companies House records show it is a private limited company incorporated in 1989, and it is now controlled by Westcoast Holdco Limited, which holds 75% or more of its shares and voting rights and can appoint or remove its directors. This indicates the company operates within the wholesale distribution of computer hardware and related equipment, as part of a wider corporate group headed by its parent holding company. No further descriptive detail of its trading activities is available from the supplied evidence.
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