FEATURESPACE LIMITED
Company Information
- Company Number
- 05640420
- Registered Address
- 1 Sheldon Square, London, United Kingdom, W2 6TT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 November 2005
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 39 days indicates a consistent tendency for FEATURESPACE LIMITED to pay beyond standard 30-day terms. While 67% of payments are made within 30 days, the notable 47% late payment rate suggests a trajectory where nearly half of invoices will not meet their original due dates.
Volatility Analysis
The 47% late payment rate introduces significant unpredictability regarding when an invoice will actually be settled, impacting supplier cash flow forecasting. Furthermore, the 6% of payments exceeding 60 days presents a clear risk of extended payment delays, indicating a degree of payment inconsistency.
Summary Analysis
Overall, FEATURESPACE LIMITED presents a moderate payment risk where suppliers should anticipate payments frequently extending beyond 30 days. Suppliers should consider adjusting payment terms, implementing proactive follow-up procedures, or setting lower credit limits to mitigate the risk associated with their high late payment percentage.
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 | 23 Jul 2025 | 39 | 67% | 27% | 6% | 47% |
| 01 Jul 2024 - 31 Dec 2024 | 09 Jun 2025 | 30 | 66% | 30% | 4% | 57% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jun 2025 | 39 | 60% | 31% | 9% | 57% |
| 01 Jul 2023 - 31 Dec 2023 | 09 Jun 2025 | 37 | 58% | 33% | 9% | 57% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Jun 2025 | 27 | 72% | 22% | 6% | 44% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jun 2025 | 27 | 75% | 18% | 7% | 39% |
| 01 Jan 2022 - 30 Jun 2022 | 09 Jun 2025 | 25 | 78% | 18% | 4% | 41% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Jun 2025 | 32 | 78% | 16% | 6% | 53% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Jun 2025 | 34 | 73% | 20% | 7% | 44% |
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 are net 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
30
Dispute Resolution Process
Disputes with suppliers are managed within the terms of the contract and will involve procurement, finance and the business users as necessary
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
FEATURESPACE LIMITED is an active private limited company. This structure indicates it is a UK-registered business entity with limited liability.
The company was incorporated on 30 November 2005, identified by company number 05640420. Its registered office is located at 1 Sheldon Square, London, United Kingdom, W2 6TT.
Private limited companies in the UK are versatile entities that contribute significantly to the economy. They commonly engage in providing a wide spectrum of goods and services across various sectors, from technology and manufacturing to professional consultancy and retail.
