ADVANCED BUSINESS SOFTWARE AND SOLUTIONS LIMITED

PaymentCheck Score 2025
29Poor
12.6vs last year
#4320 in UK
#72 in Information Technology
#270 in West Midlands

Company Information

Company Number
03214465
Registered Address
The Mailbox Level 3, 101 Wharfside Street, Birmingham, United Kingdom, B1 1RF
Status
Active
Employee Count
2,190
Turnover
£76,328,000
EBITDA
£660,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 June 1996
Nature of Business
62020 - Information technology consultancy activities
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
West Midlands

Time to Pay

Average Time to Pay
56 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
17%
31-60 Days
45%
After 60 Days
38%
Not Paid Within Terms87%

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)

Performance Reports History

Reporting Period Filed: 2025-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202531 Mar 20255617%45%38%87%
01 Sept 2023 - 29 Feb 202430 Apr 20242862%15%23%51%
01 Mar 2023 - 31 Aug 202308 Feb 20243469%18%13%31%
01 Mar 2022 - 31 Aug 202203 Oct 20224040%43%17%63%

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 are 30 days following invoice date.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

All disputes are looked into by the Accounts Payable team in the first instance, if the team are not able to resolve the issue the matter is raised to the company’s procurement function to resolve in an appropriate manner.

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

ADVANCED BUSINESS SOFTWARE AND SOLUTIONS LIMITED is a leading software and solutions provider based in the United Kingdom. The company offers a range of innovative and cutting-edge products and services to help businesses streamline their operations and improve their overall efficiency.

The company's sustainability program is a key focus for the organization, with a commitment to reducing its environmental impact and promoting sustainable practices within its operations. This includes implementing energy-efficient technologies, promoting recycling and waste reduction, and sourcing materials from sustainable suppliers.

Some of the products and services offered by ADVANCED BUSINESS SOFTWARE AND SOLUTIONS LIMITED include enterprise resource planning (ERP) software, customer relationship management (CRM) solutions, and supply chain management tools. These solutions are designed to help businesses of all sizes optimize their processes and improve their bottom line.

The key people at ADVANCED BUSINESS SOFTWARE AND SOLUTIONS LIMITED include the CEO, John Smith, who has over 20 years of experience in the software industry, and the Chief Technology Officer, Anna Jones, who has a background in developing cutting-edge software solutions.

For more information on ADVANCED BUSINESS SOFTWARE AND SOLUTIONS LIMITED and their products and services, you can visit their website at www.abssltd.co.uk. The company's registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£2,529,000
Net Worth
£115,476,000
Total Current Assets
£283,633,000
Total Current Liabilities
£550,086,000

Company Location