DASSAULT SYSTEMES UK LIMITED
Company Information
- Company Number
- 03482081
- Registered Address
- The Woods Opus 40 Business Park, Haywood Road, Warwick, United Kingdom, CV34 5AH
- Status
- Active
- Employee Count
- 585
- Turnover
- £221,449,000
- EBITDA
- £17,213,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 December 1997
- Nature of Business
- 58290 - Other software publishing
- Industries
- Software
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for DASSAULT SYSTEMES UK LIMITED to pay invoices has decreased by 3 days from the first period to the third period. The percentage of invoices paid within 30 days has increased by 21% from the first period to the third period. However, there has been a slight decrease in the percentage of invoices paid between 31 and 60 days, and a significant decrease in the percentage of invoices paid later than 60 days. This indicates that the company has improved their payment processes and is paying invoices more quickly.
Volatility Analysis
There has been a consistent trend of improvement in the payment practices of DASSAULT SYSTEMES UK LIMITED, with a steady decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there has been some volatility in the percentage of invoices paid between 31 and 60 days and the percentage of invoices paid later than 60 days, with a significant decrease in the latter in the third period.
Summary Analysis
In the past three periods, DASSAULT SYSTEMES UK LIMITED has shown a consistent improvement in their payment practices. The average time taken to pay invoices has decreased by 3 days, and the percentage of invoices paid within 30 days has increased by 21%. This indicates that the company is making efforts to pay invoices more promptly.
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 2019 - 30 Jun 2019 | 23 Sept 2019 | 38 | 81% | 13% | 6% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 06 Jun 2019 | 38 | 59% | 27% | 14% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Jun 2019 | 41 | 60% | 26% | 14% | 33% |
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
our payment terms are based on the invoice date + 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 solved and analyzed case by case, all exchanges with our suppliers are done via our generic email box in order to track and trace all requests. When an issue is encountered, we are taking all needed action (internally + in cooperation with our suppliers to solve it.
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.
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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.
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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.
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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
DASSAULT SYSTEMES UK LIMITED is a leading provider of sustainable software solutions for businesses in various industries. They are committed to helping companies achieve their sustainability goals through their innovative products and services.
The company's sustainability program focuses on reducing their carbon footprint, promoting responsible consumption and production, and creating a positive impact on the environment. They have also implemented sustainable practices in their own operations, such as using renewable energy sources and reducing waste.
DASSAULT SYSTEMES UK LIMITED offers a range of products and services, including 3D design and simulation software, virtual reality solutions, and data management systems. These tools enable businesses to optimize their processes, reduce costs, and improve their overall performance while also promoting sustainability.
The key people at DASSAULT SYSTEMES UK LIMITED include the CEO, Bernard Charlès, who has been leading the company since 1995. The company has a team of experts in various fields, including engineering, design, and sustainability, who work together to develop cutting-edge solutions for their clients.
For more information on DASSAULT SYSTEMES UK LIMITED and their sustainability program, products, and services, you can visit their website at www.3ds.com/uk. Their registered office address is located at 10 Fleet Place, London, EC4M 7RB, United Kingdom.
