NVIDIA LTD

PaymentCheck Score 2022
79Good
3.0vs last year
#1803 in UK
#33 in Software
#779 in London

Company Information

Company Number
03900676
Registered Address
13th Floor One Angel Court, London, United Kingdom, EC2R 7HJ
Status
Active
Employee Count
0
Turnover
£155,510,000
EBITDA
£17,559,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 December 1999
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:55 days

Payment Timeline

Within 30 Days
59%
31-60 Days
40%
After 60 Days
0%
Not Paid Within Terms0%

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: 2024-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2021 - 31 Jan 202226 Jul 20242659%40%0%0%
01 Feb 2021 - 31 Jul 202107 Jan 20223248%50%2%0%
27 Jul 2020 - 24 Jan 202125 Feb 20213344%53%3%0%
27 Jan 2020 - 26 Jul 202019 Aug 20203350%44%6%0%
28 Jul 2019 - 26 Jan 202024 Feb 20202756%42%2%0%
29 Jul 2018 - 27 Jan 201926 Feb 20192848%52%0%0%

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

The most frequently used terms are net 7 days and net 45 days. Even though our standard pay term is net 55, most of the vendors PO has non-standard pay term as the procurement team decides pay terms on a case by case basis and suppliers are notified with a purchase order.

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

55

Dispute Resolution Process

Disputes related to payments are resolved by mutual reconciliation of account between the parties.

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

NVIDIA LTD is a British technology company that specializes in designing and producing graphics processing units (GPUs) for a variety of industries, including gaming, professional visualization, data centers, and automotive. Founded in 1993, the company has grown to become one of the leading providers of GPUs and related software and hardware solutions.

NVIDIA LTD is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include reducing energy consumption in its facilities, using renewable energy sources, and promoting recycling and waste reduction. The company also has a program to ensure responsible sourcing of materials for its products.

The company's main product is the GPU, which is used in a wide range of devices, from gaming computers to self-driving cars. NVIDIA's GPUs are known for their high performance and efficiency, making them a popular choice for both consumers and businesses.

The key people at NVIDIA LTD include Jensen Huang (CEO and founder), Colette Kress (CFO), and Jeff Fisher (senior vice president of gaming). They are supported by a team of experienced engineers, designers, and business professionals.

NVIDIA LTD can be contacted through their website, www.nvidia.com, where customers can find information about their products, services, and sustainability efforts. The company's registered office address is located in Reading, United Kingdom.

In conclusion, NVIDIA LTD is a leading technology company in the UK, known for its high-performance GPUs and commitment to sustainability. With a strong team of leaders and a range of innovative products and services, the company continues to make strides in the technology industry.

Financial Metrics

Cash
£4,308,757
Net Worth
£348,134,334
Total Current Assets
£144,882,703
Total Current Liabilities
£17,456,209

Company Location