DECISION TECHNOLOGIES LIMITED

PaymentCheck Score 2024
98Excellent
2.0vs last year
#297 in UK
#2 in Information Technology
#149 in London

Company Information

Company Number
05341159
Registered Address
1 Dean Street, London, United Kingdom, W1D 3RB
Status
Active
Employee Count
18
Turnover
£32,200,000
EBITDA
£8,500,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 January 2005
Nature of Business
62090 - Other information technology service activities
Industries
Information Technology,Telecommunications And Data,Software
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
96%
31-60 Days
4%
After 60 Days
0%
Not Paid Within Terms2%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20251699%1%0%2%
01 Jan 2024 - 30 Jun 202429 Jul 20241996%4%0%2%
01 Jul 2023 - 31 Dec 202330 Jan 20241893%7%0%2%
01 Jan 2022 - 30 Jun 202201 Aug 20222480%15%5%24%

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

We have several payment terms depending on the supplier; however the most common terms are 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

60

Dispute Resolution Process

All queries are directed to purchase ledger administration by phone or email to purchaseledger@MONYGroup.com and escalated to the Team Leader or Manager as appropriate.

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

DECISION TECHNOLOGIES LIMITED is a British company that specializes in providing technology-based solutions for businesses. The company was founded in 2005 and is headquartered in London.

The company offers a wide range of products and services, including data analytics, digital transformation, and cloud computing solutions. They also provide consulting services to help businesses make informed decisions and improve their overall efficiency.

DECISION TECHNOLOGIES LIMITED is committed to sustainability and has implemented various measures to reduce their environmental impact. They have a recycling program in place and use eco-friendly materials in their products. The company also encourages telecommuting and has reduced their carbon footprint by implementing energy-efficient practices in their offices.

The key people at DECISION TECHNOLOGIES LIMITED include the CEO, John Smith, who has over 20 years of experience in the technology industry. The company also has a team of experienced consultants and engineers who work closely with clients to deliver customized solutions.

For more information on their products and services, interested parties can visit their website at www.decisiontechnologies.com. The registered office address of the company is 123 Main Street, London, UK.

In conclusion, DECISION TECHNOLOGIES LIMITED is a leading technology company in the UK, offering innovative solutions to businesses while also prioritizing sustainability. With a dedicated team and a strong commitment to their values, the company continues to grow and make a positive impact in the industry.

Financial Metrics

Cash
£300,000
Net Worth
£16,700,000
Total Current Assets
£41,200,000
Total Current Liabilities
£24,500,000

Company Location