ADVANCED COMPUTER SOFTWARE GROUP LIMITED

PaymentCheck Score 2025
28Poor
3.8vs last year
#4339 in UK
#73 in Information Technology
#272 in West Midlands

Company Information

Company Number
05965280
Registered Address
The Mailbox Level 3, 101 Wharfside Street, Birmingham, United Kingdom, B1 1RF
Status
Active
Employee Count
2,960
Turnover
£321,708,000
EBITDA
£33,646,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 October 2006
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
West Midlands

Time to Pay

Average Time to Pay
58 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
14%
31-60 Days
57%
After 60 Days
29%
Not Paid Within Terms86%

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: 2025-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202531 Mar 20255814%57%29%86%
01 Sept 2023 - 29 Feb 202430 Apr 20247614%14%72%86%
01 Mar 2023 - 31 Aug 202308 Feb 202411513%0%88%88%

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 30 days following invoice date.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

All disputes are looked into by the Accounts Payable team in the first instance, if the team are not able to resolve the issue the matter is raised to the company’s procurement function to resolve in an appropriate manner.

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

Advanced Computer Software Group Limited is a leading provider of innovative software solutions for the healthcare, public sector, and commercial markets. The company was founded in 2005 and is headquartered in London, England.

The company offers a wide range of products and services including electronic patient record systems, financial management software, and workforce management solutions. Their software helps healthcare organizations improve patient care, increase efficiency, and reduce costs.

Advanced Computer Software Group Limited is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have a recycling program in place and have implemented energy-efficient practices in their offices. The company also encourages telecommuting to reduce carbon emissions.

The key people at Advanced Computer Software Group Limited include CEO Gordon Wilson and Chairman Mike Lawrie. They have a team of experienced professionals who are dedicated to providing high-quality software solutions and services.

The company's registered office address is 1 King Street, London EC2V 8AU, United Kingdom. Their website, www.advancedcomputersoftware.com, provides detailed information about their products, services, and sustainability efforts. Customers can also contact them through their website for any inquiries or customer support.

Financial Metrics

Cash
£31,243,000
Net Worth
-£266,803,000
Total Current Assets
£201,879,000
Total Current Liabilities
£426,046,000

Company Location