EPAM SYSTEMS LTD
Company Information
- Company Number
- 04832183
- Registered Address
- C/O Corporation Service Company (Uk) Limited, 5 Churchill Place, 10th Floor, London, United Kingdom, E14 5HU
- Status
- Active
- Employee Count
- 0
- Turnover
- £444,255,000
- EBITDA
- £36,025,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 July 2003
- Nature of Business
- 62012 - Business and domestic software development62020 - Information technology consultancy activities62090 - Other information technology service activities
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 9 | 87% | 13% | 0% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 12 | 87% | 13% | 0% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 13 | 83% | 17% | 0% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 13 | 86% | 14% | 0% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 9 | 94% | 6% | 0% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 8 | 97% | 3% | 0% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 11 | 96% | 4% | 0% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 16 | 85% | 15% | 0% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 16 | 83% | 14% | 3% | 2% |
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
Vendor payments are made basing on the payment terms specified in the invoice/contract. If the due dates are not specified, we take 30 days since the day we receive the invoice for processing the payments.
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
45
Dispute Resolution Process
All concerns or complaints from vendors are considered by Accounts Payable department, other departments can be involved if needed. The average terms of dispute resolution are 7 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
Company Summary
EPAM Systems Ltd is a global company that provides software engineering, digital platform engineering, and product design and consulting services. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania, with offices in over 30 countries.
EPAM Systems Ltd offers a wide range of services, including software development, testing and maintenance, cloud computing, and data analytics. Its clients come from various industries, including finance, healthcare, retail, and media.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes reducing waste and energy consumption, promoting sustainable practices in its operations, and supporting green projects in the communities where it operates.
Some of EPAM Systems Ltd's key people include Arkadiy Dobkin, the co-founder and CEO, and Jason Peterson, the President and Chief Operating Officer. The company has over 41,000 employees globally who are dedicated to providing innovative solutions to its clients.
EPAM Systems Ltd can be contacted through its website, which is https://www.epam.com. Its registered office address is at 41-43 Klimentos Street, Klimentos Tower, 2nd floor, Nicosia, 1061, Cyprus.
