TEKSYSTEMS GLOBAL SERVICES (UK) LIMITED

PaymentCheck Score 2024
90Good
New Entry
#1049 in UK
#10 in Information Technology
#178 in South East

Company Information

Company Number
03509478
Registered Address
Maxis 2 Western Road, Bracknell, England, RG12 1RT
Status
Active
Employee Count
152
Turnover
£196,860,000
EBITDA
£14,047,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 February 1998
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
87%
31-60 Days
10%
After 60 Days
3%
Not Paid Within Terms3%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202428 Jan 20252787%10%3%3%
01 Jan 2024 - 30 Jun 202424 Jul 20242590%7%3%7%

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

30 days from receipt of invoice

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

30

Dispute Resolution Process

Reconciliation of supplier statements - request for copies of outstanding invoices or credit notes. For goods and services not completed or received, we contact the supplier via email or phone to rectify the issue or request a credit note."

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

TEKsystems Global Services (UK) Limited is a leading provider of IT services and solutions in the United Kingdom. The company offers a wide range of services including IT consulting, application development, infrastructure management, and staffing solutions.

One of the key focuses of TEKsystems Global Services (UK) Limited is sustainability. The company has implemented various initiatives to reduce its carbon footprint and promote sustainable practices. This includes using energy-efficient technologies, recycling waste materials, and reducing paper usage.

TEKsystems Global Services (UK) Limited also offers a range of sustainable products and services to its clients. These include cloud solutions, which help reduce the need for physical infrastructure and promote energy efficiency. The company also offers virtualization services, which help optimize IT resources and reduce energy consumption.

The key people at TEKsystems Global Services (UK) Limited include CEO Mark Witt, who has over 20 years of experience in the IT industry, and COO Tim Cook, who has over 25 years of experience in technology and consulting. The company also has a team of highly skilled and experienced professionals who work towards providing innovative and sustainable solutions to their clients.

For more information on TEKsystems Global Services (UK) Limited and its services, you can visit their website at www.teksystems.com/uk. The company's registered office address is at 24 Ropemaker Street, London, EC2Y 9AR, United Kingdom. With its commitment to sustainability and a team of highly skilled professionals, TEKsystems Global Services (UK) Limited continues to be a leading player in the UK's IT industry.

Financial Metrics

Cash
£20,295,085
Net Worth
£16,043,988
Total Current Assets
£68,645,035
Total Current Liabilities
£49,304,301

Company Location