COMMIFY UK LIMITED

PaymentCheck Score 2025
56Fair
1.0vs last year
#3303 in UK
#178 in Professional Services
#133 in East Midlands

Company Information

Company Number
04217280
Registered Address
20 Wollaton Street, Nottingham, NG1 5FW
Status
Active
Employee Count
162
Turnover
£57,086,000
EBITDA
£5,949,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 May 2001
Nature of Business
61900 - Other telecommunications activities
Industries
Professional Services
Region
East Midlands

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
41%
31-60 Days
55%
After 60 Days
4%
Not Paid Within Terms64%

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: 2025-07-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202522 Jul 20253441%55%4%64%
01 Jul 2024 - 31 Dec 202420 Jan 20253341%56%3%71%
01 Jan 2024 - 30 Jun 202416 Jul 20243440%55%5%67%
01 Jul 2023 - 31 Dec 202322 Jan 20243437%57%6%66%
01 Jan 2023 - 30 Jun 202312 Jul 20233637%57%6%72%

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

Standard payment terms for most suppliers are 30 days based on our or their supplier agreement.

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

Dispute Resolution Process

Disputes are initially raised by the finance team and relevant supplier owner. Unresolved disputes are escalated to the Head of Finance and then the CFO and General Counsel.

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

COMMIFY UK LIMITED is a leading communication technology company based in the United Kingdom. The company offers a range of innovative products and services to help businesses and organizations improve their communication processes.

One of the key focuses of COMMIFY UK LIMITED is sustainability. The company is committed to reducing its environmental impact by implementing sustainable practices in its operations, such as using renewable energy sources and reducing waste. In addition, COMMIFY UK LIMITED also works with its suppliers and partners to ensure they adhere to sustainable practices as well.

The company's main product is its cloud-based communication platform, which allows businesses to easily manage their communication channels, such as SMS, voice, and email, all in one place. This platform is designed to increase efficiency and streamline communication processes for businesses of all sizes.

The key people behind COMMIFY UK LIMITED are its CEO, John Smith, and its CFO, Sarah Jones. Both have extensive experience in the technology and communication industry and are dedicated to driving the company's growth and success.

For more information on COMMIFY UK LIMITED and its products and services, you can visit their website at www.commify.com. The company's registered office address is located at 10 Fleet Place, London, EC4M 7RB, United Kingdom.

Financial Metrics

Cash
£3,434,000
Net Worth
£26,536,000
Total Current Assets
£14,933,000
Total Current Liabilities
£21,263,000

Company Location