SDL LIMITED

PaymentCheck Score 2023
88Good
0.4vs last year
#1072 in UK
#53 in Education
#170 in South East

Company Information

Company Number
02675207
Registered Address
New Globe House Vanwall Business Park, Vanwall Road, Maidenhead, England, SL6 4UB
Status
Active
Employee Count
541
Turnover
£65,100,000
EBITDA
£3,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 January 1992
Nature of Business
62012 - Business and domestic software development
74300 - Translation and interpretation activities
Industries
Education,Software
Region
South East

Time to Pay

Average Time to Pay
33 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms9%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The trend for SDL LIMITED's average time to pay invoices has been relatively consistent over the past three periods, fluctuating between 33 and 38 days. However, there has been a slight decrease in the average time to pay in the most recent period, dropping to 29 days. This could indicate an improvement in the company's payment processes.

Volatility Analysis

There is a moderate level of volatility in SDL LIMITED's payment patterns, with the percentage of invoices paid within 30 days fluctuating between 58% and 97% over the past three periods. The largest change can be seen in the percentage of invoices paid within 30 days, which increased by 37% between the first and most recent period.

Performance Reports History

Reporting Period Filed: 2023-10-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2023 - 30 Sept 202325 Oct 20233395%3%2%9%
01 Oct 2022 - 31 Mar 202317 Apr 20233495%3%2%12%
01 Apr 2022 - 30 Sept 202222 Feb 20233295%3%2%14%
01 Jul 2021 - 31 Dec 202124 Jan 20223497%1%2%11%
01 Jan 2021 - 30 Jun 202129 Jul 20212995%2%3%15%
01 Jul 2020 - 31 Dec 202029 Jan 20213892%5%2%21%
01 Jan 2020 - 30 Jun 202023 Jul 20203690%7%3%33%
01 Jul 2019 - 31 Dec 201928 Jan 20203389%8%3%34%
01 Jan 2019 - 30 Jun 201930 Jul 20193784%6%10%35%
01 Jul 2018 - 31 Dec 201830 Jan 20193763%24%13%36%
01 Jan 2018 - 30 Jun 201830 Jul 20183358%35%7%40%

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

30 days

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

60

Dispute Resolution Process

Disputes are resolved by discussions involving accounts payable, supplier company credit controls or individual suppliers, procurement, treasury.

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

SDL Limited is a global company that provides language and content management solutions to businesses around the world. The company was founded in 1992 and is headquartered in Maidenhead, UK.

SDL's sustainability program is focused on reducing their carbon footprint and promoting responsible business practices. They have set targets to reduce their energy consumption and waste production, and have implemented recycling programs in their offices. They also work with their suppliers to ensure ethical and sustainable sourcing of materials.

The company offers a wide range of products and services, including translation and localization services, content management software, and machine translation technology. These solutions help businesses to communicate and engage with their customers in any language and on any device.

SDL has a team of key people leading the company, including Adolfo Hernandez as the CEO and Glenn Collinson as the CFO. They have a highly experienced and diverse board of directors, with members from different countries and backgrounds.

To contact SDL, individuals can visit their website at www.sdl.com or reach out to their registered office at Globe House, Clivemont Road, Maidenhead, Berkshire, SL6 7DY, UK. The company also has offices in various locations around the world, including North America, Europe, and Asia.

Financial Metrics

Cash
£23,600,000
Net Worth
£173,600,000
Total Current Assets
£307,500,000
Total Current Liabilities
£343,100,000

Company Location