KEYSIGHT TECHNOLOGIES UK LIMITED
Company Information
- Company Number
- 03809903
- Registered Address
- 610 Wharfedale Road, Winnersh Triangle, Wokingham, Berkshire, RG41 5TP
- Status
- Active
- Employee Count
- 512
- Turnover
- £157,490,000
- EBITDA
- £25,940,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 July 1999
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time for KEYSIGHT TECHNOLOGIES UK LIMITED is 39 days, primarily influenced by 57% of payments occurring between 31 and 60 days. This indicates a consistent trend of payments extending beyond standard 30-day terms, yet generally settling within a 60-day window.
Volatility Analysis
A notable 11% of payments extend beyond 60 days, with 10% officially categorized as late, introducing a moderate level of payment unpredictability. While the majority pays within 60 days, this minority presents a clear, albeit contained, risk factor for extended payment cycles.
Summary Analysis
Suppliers can generally expect payments within 60 days, averaging 39 days, which slightly exceeds typical 30-day terms but is manageable. However, it is crucial to account for the 10-11% probability of payments extending past 60 days and consider establishing clear credit limits or a buffer for cash flow planning to mitigate this specific risk.
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 Nov 2024 - 31 May 2025 | 30 May 2025 | 39 | 32% | 57% | 11% | 10% |
| 01 May 2024 - 31 Oct 2024 | 29 Nov 2024 | 40 | 32% | 56% | 12% | 12% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 39 | 30% | 60% | 10% | 11% |
| 01 May 2023 - 31 Oct 2023 | 28 Nov 2023 | 41 | 30% | 53% | 17% | 6% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 39 | 31% | 57% | 12% | 6% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 40 | 31% | 55% | 14% | 7% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 39 | 32% | 58% | 10% | 6% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 39 | 34% | 53% | 13% | 6% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 40 | 33% | 55% | 12% | 6% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 40 | 30% | 55% | 15% | 6% |
| 01 Nov 2019 - 30 Apr 2020 | 27 May 2020 | 41 | 30% | 56% | 14% | 8% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 42 | 24% | 58% | 18% | 10% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 40 | 26% | 59% | 15% | 11% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 41 | 27% | 60% | 13% | 11% |
| 01 Nov 2017 - 30 Apr 2018 | 25 May 2018 | 48 | 15% | 68% | 17% | 10% |
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
Keysight UK standard payment term is net 45 days from the seller’s invoice date in case of third party supplier(s) with an exception of net 60 days for a limited number of supplier(s). Further, in respect of intercompany payables, Keysight follows a net settlement process wherein the net amount due (Intercompany payable minus Intercompany receivables) is settled in 70 days from 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
70
Dispute Resolution Process
Keysight UK has robust internal financial controls over the Accounts Payable process, primarily based around a Purchase Order (PO) system, and all external supplier invoice(s) are generally paid within agreed payment terms after performing internal financial controls check. However, in some limited cases, invoices are put on hold when they do not pass internal financials controls check such as: ‒ No PO in place for invoiced activity. ‒ Invoice value is greater than approved PO value. ‒ PO has expired or certain key terms don’t match between the invoice received and the PO, such as legal entity name, invoice currency etc. There are cases where a supplier’s invoice is not received by the Accounts Payable team and a follow up query is received from supplier regarding payment. In such cases, the Accounts Payable team request a copy of the invoice from the supplier and process the payment after receipt of invoice.
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
KEYSIGHT TECHNOLOGIES UK LIMITED is an active private limited company. Its name indicates its operations are within the technology sector.
The company was incorporated on 20 July 1999 and operates under company number 03809903. Its registered office is located at 610 Wharfedale Road, Winnersh Triangle, Wokingham, Berkshire, RG41 5TP, placing its operations within the South East region of England.
Private limited companies operating in the UK technology sector typically provide a range of innovative solutions. These commonly include the development, sale, and support of software, hardware, and various IT services and products to businesses and consumers.
