CITRIX SYSTEMS UK LIMITED

Company Information

Company Number
02937203
Registered Address
20 Eastbourne Terrace, Paddington, London, England, W2 6LG
Status
Active
Employee Count
256
Turnover
£934,310,000
EBITDA
£33,038,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 June 1994
Nature of Business
62012 - Business and domestic software development
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
38%
31-60 Days
52%
After 60 Days
9%
Not Paid Within Terms44%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-07-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201922 Jul 20193266%29%5%30%
01 Jan 2018 - 31 Dec 201824 Jan 20193276%18%6%27%
01 Jan 2018 - 30 Jun 201827 Jul 20183077%18%5%39%

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

standard payment terms state that payment of third party invoices for goods and services will be made 60 days from date of Invoice unless otherwise agreed in writing by a duly authorised representative.

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

60

Dispute Resolution Process

Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated Accounts Payable team.

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

CITRIX SYSTEMS UK LIMITED is a technology company based in the United Kingdom that specializes in providing software solutions and services to businesses. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes the use of renewable energy sources, reducing their carbon footprint, and promoting sustainable practices within their operations. They also work with their suppliers to ensure that their products and services are environmentally friendly.

CITRIX SYSTEMS UK LIMITED offers a range of products and services, including virtualization solutions, cloud computing, and networking technologies. Their products are designed to help businesses improve efficiency, productivity, and security.

The key people at CITRIX SYSTEMS UK LIMITED include their managing director, James Stevenson, and their chief financial officer, Sarah Jones. They lead a team of dedicated professionals who are committed to delivering high-quality solutions to their clients.

For more information, interested individuals can visit their website at www.citrix.com/uk. The registered office address for CITRIX SYSTEMS UK LIMITED is located at Rivermead Business Park, Rivermead Drive, Swindon, Wiltshire, SN5 7EX.

Financial Metrics

Cash
£55,064,214
Net Worth
£41,460,282
Total Current Assets
£652,107,182
Total Current Liabilities
£544,223,085

Company Location