LPSO LIMITED
Company Information
- Company Number
- 03897375
- Registered Address
- 110 Pinehurst Road, Farnborough Business Park, Farnborough, Hampshire, England, GU14 7BF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 December 1999
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LPSO LIMITED demonstrates a consistent trend of making payments rapidly, with an average payment time of 17 days and all invoices settled within 30 days. This indicates a stable and predictable payment cycle that is significantly faster than typical net-30 terms. The trajectory suggests continued adherence to this swift payment pattern from an absolute speed perspective.
Volatility Analysis
Despite the rapid average payment time, the 90% late payment rate highlights significant inconsistency in meeting agreed-upon payment terms relative to their own stated due dates. This indicates potential internal process issues that make the exact payment date unpredictable against the invoice due date, rather than the absolute payment speed. Suppliers face a higher risk of not receiving payment precisely on the agreed due date, even though ultimate payment is prompt.
Summary Analysis
Overall, LPSO LIMITED presents a mixed risk profile: payments are consistently fast in absolute terms (average 17 days), but a high 90% late rate indicates poor adherence to specific contractual due dates. Suppliers should consider LPSO LIMITED as a viable partner given their ultimate payment speed, but be prepared for invoices to be paid after the agreed-upon terms. Mitigation involves establishing clear and potentially shorter payment terms, and monitoring early invoice payment performance to minimize cash flow disruptions.
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 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 17 | 100% | 0% | 0% | 90% |
| 01 Apr 2023 - 30 Sept 2023 | 17 Oct 2023 | 15 | 100% | 0% | 0% | 88% |
| 01 Oct 2022 - 31 Mar 2023 | 14 Apr 2023 | 18 | 92% | 8% | 0% | 76% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 56 | 0% | 100% | 0% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 06 May 2022 | 17 | 91% | 9% | 0% | 25% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 14 | 94% | 6% | 0% | 53% |
| 01 Oct 2020 - 31 Mar 2021 | 27 May 2021 | 10 | 100% | 0% | 0% | 48% |
| 01 Apr 2020 - 30 Sept 2020 | 10 Dec 2020 | 2 | 100% | 0% | 0% | 8% |
| 01 Oct 2019 - 31 Mar 2020 | 28 May 2020 | 16 | 86% | 14% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 35 | 51% | 40% | 9% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 13 | 87% | 13% | 0% | 17% |
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
Payment terms are negotiated, as required, based on the nature of the services provided. In public sector our standard terms do not exceed 30 days. Our general standard terms are 60 days and for relationships with very large suppliers, where balance of trade is involved, terms can be as high as 90 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
DXC applied 30 days standard terms to all SME suppliers, regardless of whether those suppliers are servicing public sector clients.
Maximum contractual payment period agreed
120
Dispute Resolution Process
https://dxc.com/content/dam/dxc/projects/dxc-com/us/pdfs/contact-us/po-terms-and-conditions/DXC-LLC-POTAC-UK.pdf
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.
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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
LPSO LIMITED operates as an active private limited company. This legal structure allows the organisation to function as a distinct legal entity, separating its ownership from its management and liabilities.
The company was incorporated on 21 December 1999 and is registered in England under company number 03897375. Its registered office is located at 110 Pinehurst Road, Farnborough Business Park, Farnborough, Hampshire, England, GU14 7BF, placing its operational base within the South East region.
Private limited companies in the UK, such as LPSO LIMITED, typically have the flexibility to offer a wide array of goods, services, or professional solutions across various industries. This common corporate structure is employed by businesses ranging from small enterprises to larger organisations providing products or services to consumers or other businesses.
