Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Jan 2020 - 30 Jun 2020 | 06 Aug 2020 | 53 | 34% | 32% | 34% | 92% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 30 | 57% | 34% | 8% | 70% |
| 01 Jan 2019 - 30 Jun 2019 | 21 Jan 2020 | 35 | 52% | 37% | 11% | 78% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual terms for trade goods and services - 30 days
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
90
If an invoice payment is disputed by the supplier the first point of contact is the accounts payable clerk for Betgenius Ltd based in the UK. Where payment has already been provided, proof of payment is provided in the form of a bank remittance. Where no payment has yet been made, or payment has been delayed, the supplier is informed of the delay reason and an expected payment date is provided. Further queries to both paid and unpaid invoices are then forwarded to the relevant Financial controller on a case by case basis.
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?
No information available
Betgenius Limited, now trading as Genius Sports UK Limited, is registered for data processing, hosting and related activities alongside gambling and betting activities. It operates as part of the Genius Sports corporate group, which its website describes as delivering sports data, analytics and technology solutions used to enhance performance, engage fans and support betting operations. The company has several subsidiaries recorded on the public register, including Bestbetting Limited, Boolabus Limited and Connextra Limited. It remains an active private limited company incorporated in 2000, registered in London, and files full annual accounts as part of a larger group structure rather than as a standalone standalone.
Generated from the company's website and Companies House records. Sources: companiesintheuk.co.uk