INSPIRED GAMING (UK) LIMITED

PaymentCheck Score 2024
23Very Poor
23.3vs last year
#5338 in UK
#272 in East Midlands

Company Information

Company Number
03565640
Registered Address
First Floor, 107 Station Street, Burton-On-Trent, Staffordshire, England, DE14 1SZ
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
18 May 1998
Nature of Business
32990 - Other manufacturing not elsewhere classified
92000 - Gambling and betting activities
93290 - Other amusement and recreation activities not elsewhere classified
Industries
Coming Soon
Region
East Midlands

Time to Pay

Average Time to Pay
152 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:1460 days

Payment Timeline

Within 30 Days
36%
31-60 Days
19%
After 60 Days
45%
Not Paid Within Terms83%

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)

Company Review

Trend Analysis

INSPIRED GAMING (UK) LIMITED exhibits a consistent trend of extended payment cycles, with an average payment time of 152 days significantly exceeding standard terms. A mere 36% of invoices are paid within 30 days, indicating a predominant pattern of delayed settlements. This trajectory suggests suppliers should anticipate substantial payment delays.

Volatility Analysis

The payment behavior of INSPIRED GAMING (UK) LIMITED presents high volatility and low predictability for suppliers. With 83% of payments being late and 45% extending beyond 60 days, significant uncertainty surrounds actual settlement dates. This indicates a high-risk environment for managing cash flow.

Summary Analysis

Suppliers should exercise extreme caution when extending credit to INSPIRED GAMING (UK) LIMITED due to the consistently high late payment rate and prolonged average payment time. Key decision factors include the severe impact on cash flow and the necessity for robust credit terms. Consider negotiating upfront payments, significantly shorter payment terms, or alternative payment security to mitigate financial risk.

Performance Reports History

Reporting Period Filed: 2025-02-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202406 Feb 202515236%19%45%83%
01 Jul 2023 - 31 Dec 202331 Jan 20243354%32%14%48%
01 Jan 2023 - 30 Jun 202331 Jul 20233523%35%42%52%
01 Jul 2022 - 31 Dec 202230 Jan 20234041%38%21%54%
01 Jan 2022 - 30 Jun 202228 Jul 20226423%35%42%61%
01 Jul 2021 - 31 Dec 202129 Jan 20227046%37%17%58%
01 Jan 2021 - 30 Jun 202129 Jul 20216627%35%38%61%
01 Jul 2020 - 31 Dec 202029 Jan 20216918%44%38%57%
01 Jan 2020 - 30 Jun 202031 Jul 20207514%20%66%70%
01 Apr 2019 - 31 Dec 201928 Jan 20204740%38%22%38%
01 Apr 2018 - 30 Sept 201831 Oct 20185626%39%35%42%
01 Oct 2017 - 31 Mar 201830 Apr 20185421%41%38%58%

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 Day Standard

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

1460

Dispute Resolution Process

If the business raises a dispute against an invoice the business contact is to discuss with the supplier the dispute in question. A payment block would be posted against the invoice until query is resolve resulting in a potential credit note against the original invoice. Once dispute is closed, invoice will be paid.

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

INSPIRED GAMING (UK) LIMITED is an active private limited company operating within the gaming industry. As a private limited company, it functions as a distinct legal entity in the UK business landscape.

Registered under company number 03565640, INSPIRED GAMING (UK) LIMITED was incorporated on 18 May 1998. The company is based in the East Midlands, with its registered office located at First Floor, 107 Station Street, Burton-On-Trent, Staffordshire, England, DE14 1SZ.

Private limited companies operating within the UK gaming sector typically specialise in the development, distribution, or operation of gaming products and services. These offerings can encompass video games, gambling software, interactive entertainment platforms, or associated technology and content for both consumer and business markets.

Financial Metrics

Cash
£12,900,000
Net Worth
£166,900,000
Total Current Assets
£295,800,000
Total Current Liabilities
£280,600,000

Company Location