APOGEE CORPORATION LIMITED
Company Information
- Company Number
- 02853595
- Registered Address
- Nimbus House Liphook Way, 20-20 Business Park, Maidstone, Kent, England, ME16 0FZ
- Status
- Active
- Employee Count
- 834
- Turnover
- £106,648,000
- EBITDA
- -£4,863,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 September 1993
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Information Technology, Telecommunications And Data, Manufacturing, Professional Services, Telecommunications
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
APOGEE CORPORATION LIMITED consistently pays within the 31-60 day window for the vast majority (76%) of its invoices, resulting in an average payment time of 57 days. This trend indicates a predictable payment cycle that typically extends beyond standard 30-day terms, with very few payments occurring early (11%).
Volatility Analysis
While 76% of payments fall reliably within the 31-60 day range, the average of 57 days suggests a consistent tendency towards the latter end of this period. The 13% of payments exceeding 60 days and 12% classified as late introduce a moderate element of unpredictability, indicating a risk of payment delays beyond typical terms.
Summary Analysis
Suppliers should anticipate APOGEE CORPORATION LIMITED payments to consistently fall around the 57-day mark, extending beyond standard net-30 terms. It is recommended to establish credit terms explicitly reflecting a 60-day cycle to align expectations and mitigate risks associated with the 12% late payment rate. Consider adjusting pricing or invoicing terms to account for the extended payment period.
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 May 2022 - 31 Oct 2022 | 18 Nov 2022 | 57 | 11% | 76% | 13% | 12% |
| 01 Nov 2021 - 30 Apr 2022 | 24 May 2022 | 57 | 11% | 76% | 13% | 14% |
| 01 May 2021 - 31 Oct 2021 | 24 May 2022 | 63 | 7% | 67% | 26% | 11% |
| 01 Nov 2020 - 30 Apr 2021 | 25 Nov 2021 | 36 | 60% | 31% | 9% | 66% |
| 01 May 2020 - 31 Oct 2020 | 23 Feb 2021 | 33 | 55% | 36% | 9% | 67% |
| 01 Nov 2019 - 30 Apr 2020 | 15 May 2020 | 41 | 52% | 36% | 12% | 77% |
| 01 May 2019 - 31 Oct 2019 | 21 Nov 2019 | 35 | 48% | 41% | 11% | 74% |
| 01 Jan 2019 - 30 Apr 2019 | 30 May 2019 | 34 | 50% | 41% | 9% | 64% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 39 | 51% | 35% | 15% | 62% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 36 | 47% | 40% | 13% | 52% |
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
It is the Company's aim to pay suppliers within 30 days, however the Company agrees appropriate terms of payment with each supplier which may deviate from these standard terms. We operate a weekly payment run.
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
The Company aims to resolve disputes in a timely and fair manner initially by our Accounts Payable team. If the dispute cannot be resolved by our Accounts Payable team it will be escalated to our Finance Director.
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
APOGEE CORPORATION LIMITED is an active private limited company. This organisation operates under a corporate structure, established to conduct commercial operations within the UK business landscape.
The company was incorporated on 15 September 1993 and operates under company number 02853595. Its registered office is located at Nimbus House Liphook Way, 20-20 Business Park, Maidstone, Kent, England, ME16 0FZ, placing its primary location in the South East region.
As a private limited company, this type of organisation is structured to engage in a broad spectrum of commercial activities within the UK market. Typically, such entities are established to provide goods or services across various economic sectors, serving the general market or specific niches.
