OPEN TEXT UK LIMITED
Company Information
- Company Number
- 03148093
- Registered Address
- 420 Thames Valley Park Drive, Thames Valley Park, Reading, Berkshire, England, RG6 1PT
- Status
- Active
- Employee Count
- 581
- Turnover
- £111,792,000
- EBITDA
- £498,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 January 1996
- Nature of Business
- 62012 - Business and domestic software development62020 - Information technology consultancy activities62090 - Other information technology service activities
- Industries
- Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
OPEN TEXT UK LIMITED demonstrates a strong trend of prompt payments, settling invoices in an average of 18 days. A significant 76% of payments are made within 30 days, indicating a consistent inclination towards timely supplier remuneration. While a portion falls into later categories, the overall trajectory points to a generally efficient payment processing cycle.
Volatility Analysis
While the majority of payments are predictable and on time, a notable 24% (17% within 31-60 days, 7% over 60 days) extends beyond the 30-day mark, resulting in a 13% late payment rate. This introduces some volatility, meaning suppliers should anticipate that roughly one in four invoices may not be settled within standard net-30 terms. The primary risk factor is managing cash flow for this minority of potentially delayed payments.
Summary Analysis
Overall, OPEN TEXT UK LIMITED presents a generally favorable payment profile for suppliers, with most invoices paid well within 30 days. Suppliers should factor in the 24% probability of payments extending beyond 30 days, including a 7% chance of payments exceeding 60 days, when managing their own cash flow expectations. To mitigate this, consider establishing clear payment terms, and actively monitoring initial payment performance.
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 Jan 2025 - 30 Jun 2025 | 19 Sept 2025 | 26 | 59% | 32% | 9% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 18 | 76% | 17% | 7% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 25 | 66% | 23% | 11% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 33 | 62% | 32% | 6% | 29% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 35 | 51% | 31% | 18% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 04 Apr 2023 | 34 | 55% | 28% | 16% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Mar 2023 | 33 | 54% | 34% | 13% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Mar 2023 | 32 | 59% | 33% | 9% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Mar 2023 | 36 | 51% | 30% | 18% | 25% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Mar 2023 | 34 | 55% | 32% | 13% | 33% |
| 01 Jan 2020 - 30 Jun 2020 | 08 Mar 2023 | 35 | 53% | 31% | 17% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 08 Mar 2023 | 35 | 53% | 31% | 17% | 27% |
| 01 Jul 2018 - 30 Jun 2019 | 29 Nov 2019 | 33 | 59% | 30% | 11% | 76% |
| 01 Jan 2018 - 30 Jun 2018 | 02 May 2019 | 30 | 63% | 29% | 8% | 36% |
| 01 Jan 2017 - 31 Dec 2017 | 02 May 2019 | 30 | 63% | 29% | 8% | 36% |
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
OpenText standard payment terms are Net 75 from the receipt of invoice, unless contracted otherwise.
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
For any issues regarding payments: • Vendor is requested to send inquiries to AP Help mailbox (APHelp@opentext.com) • Inquiries are queued and resolved on first come first served basis. • The AP Specialist analyzes the issue and resolves it accordingly. Resolution may include collaboration with other team members or other business stakeholders. Once resolved, the vendor is advised of the resolution.
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
OPEN TEXT UK LIMITED is an active private limited company that conducts commercial operations in the United Kingdom. Its business activities are identified by the name 'Open Text'.
The company, registered with company number 03148093, was incorporated on 18 January 1996. Its registered office is located at 420 Thames Valley Park Drive, Thames Valley Park, Reading, Berkshire, England, RG6 1PT, within the South East region.
As a private limited company, OPEN TEXT UK LIMITED typically provides goods or services to its customers within the UK market. Such organisations operate commercially, generating revenue through sales and contracts across various sectors within the British economy.
