ARVATO LIMITED
Company Details
Registration Number
03923307
Registered Address
One Fleet Place London EC4M 7WS
Company Status
Active
Employee Count
1070
Turnover
£74,505,000
EBITDA
£8,050,000
Additional Information
Website
www.arvato.co.uk/Company Type
Private limited Company
Incorporated on
10 February 2000
Nature of Business (SIC)
82990 - Other business support service activities not elsewhere classified
84110 - General public administration activities
Industries
Application software
Region
LondonCompany Location
Financial Overview
£0
£32,462,000
Last Reporting Period
Filed
31 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
26 days
Payment Periods
Shortest
0 days
Longest
60 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
3%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 26 | 77% | 19% | 4% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 22 | 82% | 16% | 2% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 28 | 81% | 14% | 5% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 19 | 88% | 11% | 1% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 41 | 99% | 1% | 0% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 35 | 98% | 1% | 1% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 32 | 98% | 1% | 1% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 05 Aug 2020 | 26 | 98% | 1% | 1% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 26 | 98% | 1% | 1% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 33 | 96% | 2% | 2% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 28 | 98% | 1% | 1% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 33 | 97% | 2% | 1% | 13% |
Company Summary
ARVATO LIMITED is a global company that offers a wide range of services in the areas of customer relationship management, supply chain management, and IT solutions
The company was founded in 1835 and is headquartered in Gütersloh, Germany
The UK division, based in Slough, has been in operation since 1950
The company has a strong focus on sustainability and has implemented various measures to reduce its environmental impact
This includes energy-efficient buildings, waste reduction programs, and sustainable sourcing practices
ARVATO LIMITED offers a diverse range of products and services, including call center and customer support services, logistics and fulfillment services, and IT solutions such as cloud computing and data analytics
The company also provides e-commerce solutions and digital marketing services
The key people at ARVATO LIMITED include CEO Holger Jung, CFO Rolf Buch, and CTO Oliver Borchert
The company has a global workforce of over 70,000 employees and serves clients in various industries, including retail, healthcare, technology, and financial services
For more information on ARVATO LIMITED and its services, interested parties can visit their website at www.arvato.com
The company's registered office address in the UK is 1 Tower View, Kings Hill, West Malling, Kent ME19 4UY
Company Review
Trend Analysis
The trend for ARVATO LIMITED's average time to pay invoices has been fluctuating over the past three years, with a slight decrease in the first half of 2021 followed by an increase in the second half. However, the company has consistently maintained a high percentage of invoices paid within 30 days.
Volatility Analysis
ARVATO LIMITED's volatility in terms of average time to pay invoices has been relatively low, with only a few percentage points difference between the highest and lowest values. The company's volatility in terms of invoices paid within 30 days has also been low, with a consistent percentage of 98-99% over the past three years.
Summary Analysis
Between January 2018 and June 2023, ARVATO LIMITED's average time to pay invoices has fluctuated between 19-41 days, with a slight decrease in the first half of 2021 followed by an increase in the second half. The company has consistently maintained a high percentage of invoices paid within 30 days, with a range of 97-99%.
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 net
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
We do not have a specific process in place but would deal with any disputes on an Invoice by Invoice basis, in accordance with specific contract terms if applicable, and utilising the relevant departments where necessary.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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