GLOBALDATA PLC
Company Information
- Company Number
- 03925319
- Registered Address
- John Carpenter House, John Carpenter Street, London, EC4Y 0AN
- Status
- Active
- Employee Count
- 3,560
- Turnover
- £273,100,000
- EBITDA
- £90,500,000
Additional Details
- Website
- https://www.globaldata.com/
- Company Type
- Public limited Company
- Incorporated On
- 9 February 2000
- Nature of Business
- 63110 - Data processing, hosting and related activities70100 - Activities of head offices
- Industries
- Information Technology,Telecommunications And Data
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The time taken for GLOBALDATA PLC to pay invoices has been steadily decreasing over the past 5 years. This is reflected in the decrease in the average time to pay from 137 days in 2018 to 34 days in 2023. Additionally, there has been an increase in the percentage of invoices paid within 30 days, from 27% in 2018 to 70% in 2023.
Volatility Analysis
There is a significant volatility in the company's payment patterns, with a high percentage of invoices paid later than 60 days in 2018, followed by a decrease in 2019, and then an increase again in 2020 before decreasing again in 2021 and 2022.
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 2024 - 31 Dec 2024 | 30 Jul 2025 | 29 | 76% | 17% | 7% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 20 Feb 2024 | 36 | 70% | 20% | 10% | 30% |
| 01 Jan 2023 - 30 Jun 2023 | 05 Sept 2023 | 34 | 70% | 19% | 11% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 38 | 64% | 24% | 12% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 41 | 63% | 19% | 18% | 37% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Feb 2022 | 40 | 60% | 25% | 15% | 40% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Sept 2021 | 24 | 99% | 1% | 0% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Mar 2021 | 46 | 58% | 28% | 14% | 42% |
| 01 Jul 2020 - 31 Dec 2020 | 23 Mar 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 18 Aug 2020 | 72 | 40% | 33% | 27% | 60% |
| 01 Jun 2019 - 31 Dec 2019 | 14 Feb 2020 | 65 | 44% | 26% | 30% | 56% |
| 01 Jan 2019 - 30 Jun 2019 | 28 Nov 2019 | 87 | 28% | 26% | 46% | 71% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Mar 2019 | 137 | 27% | 27% | 46% | 73% |
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
It is the Group’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
NA
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalate in the first instance to the relevant Head of Department to seek a resolution.
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
GLOBALDATA PLC is a leading data and analytics company that provides business intelligence, research, and consulting services to various industries including healthcare, technology, and consumer goods. Their headquarters is located in London, United Kingdom.
The company offers a wide range of products and services, such as market analysis, competitor intelligence, and consulting services, to help businesses make informed decisions and drive growth. They also provide data and insights on emerging markets, consumer trends, and technological advancements.
In addition to their core business activities, GLOBALDATA PLC has a strong focus on sustainability. They have implemented several initiatives to reduce their environmental impact, such as using renewable energy sources and promoting recycling and waste reduction. They also support various social and community causes through their corporate social responsibility program.
The key people at GLOBALDATA PLC include the CEO and Founder, Mike Danson, who has over 30 years of experience in market research and analysis. The company also has a team of experienced analysts and consultants who are experts in their respective industries.
For more information on their products and services, or to get in touch with GLOBALDATA PLC, their website address is www.globaldata.com. Their registered office address is 5th Floor, 1 London Bridge Street, London, SE1 9BG, United Kingdom. Overall, GLOBALDATA PLC is a reputable and sustainable company that continues to provide valuable insights and support to businesses worldwide.
