SOPRA STERIA LIMITED
Company Information
- Company Number
- 04077975
- Registered Address
- Three, Cherry Trees Lane, Hemel Hempstead, Hertfordshire, HP2 7AH
- Status
- Active
- Employee Count
- 2564.0
- Turnover
- 443593000.0
- EBITDA
- 56064000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 September 2000
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- 0
- Region
- East of England
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
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 | 27 | 84% | 14% | 2% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 28 | 83% | 16% | 1% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 28 | 90% | 7% | 3% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 27 | 88% | 10% | 2% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 25 | 93% | 6% | 1% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 27 | 88% | 10% | 2% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 25 | 83% | 15% | 2% | 27% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 27 | 92% | 7% | 2% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 29 | 90% | 6% | 4% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 27 | 89% | 7% | 4% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 27 | 83% | 13% | 4% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | 27 | 80% | 14% | 6% | 32% |
Company Summary
SOPRA STERIA LIMITED is a global IT consulting and digital services company, headquartered in Paris, France
The company has a strong presence in the UK, with its registered office located in London
It offers a wide range of services including consulting, systems integration, software development, infrastructure management, and business process outsourcing
Sustainability is a key focus for SOPRA STERIA LIMITED, and the company has implemented various initiatives to reduce its environmental impact
These include using renewable energy sources, reducing carbon emissions, and promoting sustainable practices within its supply chain
The company also supports various charitable and community projects through its corporate social responsibility program
SOPRA STERIA LIMITED's portfolio of products and services caters to various industries such as finance, healthcare, transportation, and government
Its digital services include cloud computing, cybersecurity, data analytics, and artificial intelligence, enabling its clients to stay ahead in the digital transformation era
The company is led by a team of experienced professionals, including its CEO, Vincent Paris, who has been with the company since 2018
He is supported by a strong leadership team, including the UK CEO, John Torrie
For more information on SOPRA STERIA LIMITED and its services, customers can visit their website at www.soprasteria.com
The registered office address is 1 London Wall Place, London, EC2Y 5AU, United Kingdom
Customers can also contact the company through their customer service number +44 (0) 20 7964 1200 or email at info.uk@soprasteria.com
Company Review
Trend Analysis
The average time taken for SOPRA STERIA LIMITED to pay invoices has remained consistent at 27 days from 2018 to 2023. However, there has been a steady increase in the percentage of invoices paid within 30 days, indicating a trend towards earlier payments. The percentage of invoices paid between 31 and 60 days has also decreased, while the percentage of invoices paid later than 60 days has fluctuated but remains relatively low.
Volatility Analysis
There is low volatility in the average time taken to pay invoices, as it has remained at 27 days throughout the period. The percentage of invoices paid within 30 days has shown the most volatility, with a range of 83% to 93%. However, this is still considered low volatility as it has not deviated significantly from the average. The percentage of invoices paid later than 60 days has also shown some volatility, with a range of 1% to 6%.
Summary Analysis
In summary, SOPRA STERIA LIMITED has maintained a consistent average time of 27 days to pay invoices from 2018 to 2023. There has been a trend towards earlier payments, with a decrease in the percentage of invoices paid between 31 and 60 days and an increase in the percentage of invoices paid within 30 days. The percentage of invoices paid later than 60 days has fluctuated but remains relatively low. The best period for SOPRA STERIA LIMITED in terms of early payments was in 2021, with 93% of invoices paid within 30 days. The worst period was in 2018, where only 80% of invoices were paid within 30 days and 6% were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are Net 30 days, calculated from the date that a valid invoice is received by Sopra Steria. This is in accordance with our Purchase Order and Supplier Contract terms and conditions.
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
Website: https://www.soprasteria.co.uk/about-us/working-with-suppliers We have a 2-stage complaints procedure. At each stage it will help us to resolve your complaint quickly if you can give us as much clear detail as possible, including any documents and correspondence and stating that you are making a complaint in line with our procedure. The stages of the Supplier Payment Complaints procedure Stage 1 This is the first opportunity for Sopra Steria to resolve a complainant’s dissatisfaction, and the majority of complaints will be resolved at this stage. In the first instance, we will try to get your payment complaint resolved by the Head of the Accounts Payable team. Upon receipt of your complaint we will contact the Head of the Accounts Payable and ask them to deal with your complaint. Please add the following subject line to your letter/e-mail: Stage 1 Supplier Payment Complaint FAO Head of Accounts Payable. Stage 2 If you are dissatisfied with this response you may request a review by the Chief Accountant. Your request should be sent to the address given in the Contact Us section of the website, with the subject line: Stage 2 Supplier Payment Complaint FAO Chief Accountant. It will be forwarded to the Chief Accountant for a review. Timescales for handling a complaint Stage 1 - maximum 20 working days •acknowledgement within 5 working days •full response within 20 working days Stage 2 – maximum 20 working days •acknowledgement within 5 working days •full response within 20 working days
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
