AVEVA SOFTWARE GB LIMITED

PaymentCheck Score 2025
59Fair
21.6vs last year
#3122 in UK
#53 in Software
#200 in East of England

Company Information

Company Number
03555875
Registered Address
101 Science Park Milton Road, Cambridge, England, CB4 0FY
Status
Active
Employee Count
0
Turnover
£42,701,000
EBITDA
£6,271,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 April 1998
Nature of Business
62012 - Business and domestic software development
Industries
Software
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
51%
31-60 Days
49%
After 60 Days
0%
Not Paid Within Terms85%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20252751%49%0%85%
01 Jul 2024 - 31 Dec 202430 Jan 20253182%8%10%26%
01 Apr 2023 - 31 Dec 202326 Apr 20242873%22%5%30%
01 Apr 2023 - 30 Sept 202326 Apr 20242976%18%6%26%

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

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

No information available

Any other information about payment terms

Invoices should be addressed according as per the legal entity as follows:- Accounts Payable, AVEVA Solutions Ltd, High Cross, Madingley Road, Cambridge CB3 0HB All invoices are to be submitted directly to Invoices.GB@aveva.com

Maximum contractual payment period agreed

60

Dispute Resolution Process

Invoice disputes are handled by the Accounts Payable team within a captive Shared Service centre. Any correspondence we receive for unsolved disputes will be directed to our legal team. General invoice and payment queries can be sent to AccountsPayable.GB@aveva.com

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

AVEVA SOFTWARE GB LIMITED is a leading global provider of engineering and industrial software solutions. The company has a strong focus on sustainability, offering products and services that help their clients reduce their environmental impact and improve efficiency.

One of their key sustainability initiatives is their Eco-Design program, which aims to minimize the environmental impact of their software products. This includes reducing energy consumption, using sustainable materials, and promoting recycling and reusability.

AVEVA SOFTWARE GB LIMITED offers a wide range of products and services, including engineering design software, asset performance management solutions, and industrial internet of things (IIoT) systems. Their software is used in various industries such as oil and gas, power generation, and marine.

The company has a team of experienced and dedicated professionals, including CEO Peter Herweck and Chief Marketing Officer Harpreet Gulati, who are committed to driving sustainable growth and innovation.

For any inquiries or information, AVEVA SOFTWARE GB LIMITED can be contacted through their website at www.aveva.com. Their registered office address is High Cross, Madingley Road, Cambridge, CB3 0HB, United Kingdom. With a strong focus on sustainability and a wide range of innovative products and services, AVEVA SOFTWARE GB LIMITED is a leader in the engineering and industrial software industry.

Financial Metrics

Cash
£321,000
Net Worth
£48,086,000
Total Current Assets
£63,738,000
Total Current Liabilities
£16,165,000

Company Location