UPDATA INFRASTRUCTURE (UK) LIMITED

PaymentCheck Score 2022
85Good
1.1vs last year
#1247 in UK
#49 in Software
#560 in London

Company Information

Company Number
06957593
Registered Address
1 More London Place, London, SE1 2AF
Status
Liquidation
Employee Count
180
Turnover
£46,299,000
EBITDA
-£541,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 July 2009
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
73%
31-60 Days
26%
After 60 Days
1%
Not Paid Within Terms12%

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: 2022-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20221973%26%1%12%
01 Jul 2021 - 31 Dec 202121 Jan 20221878%20%2%4%
01 Jan 2021 - 30 Jun 202130 Jul 20212770%22%8%17%
01 Jan 2019 - 30 Jun 201926 Jul 20193463%28%9%29%
01 Jan 2018 - 30 Jun 201826 Jul 20183058%35%7%20%

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

7 Days individuals, 14 Days Micro Business, 30 Days SME, 60 Days Large Corporate

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

The accounts payable helpdesk number and email address is printed on all correspondence to suppliers, any disputes are expected to be resolved within 30 days of the dispute being raised.

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

UPDATA INFRASTRUCTURE (UK) LIMITED is a leading company in the infrastructure sector, providing a wide range of services and solutions to clients across the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes measures such as using renewable energy sources, reducing carbon emissions, and promoting sustainable practices within their operations. They also strive to promote a sustainable supply chain by working with suppliers who share their values.

The company offers a variety of products and services, including infrastructure design, construction, and maintenance. They have a team of highly skilled professionals who are dedicated to delivering high-quality and innovative solutions to their clients.

The key people at UPDATA INFRASTRUCTURE (UK) LIMITED are the directors, who have a wealth of experience in the industry and are committed to driving the company's success. Their contact information, including the website address and registered office address, can be found on their website.

Overall, UPDATA INFRASTRUCTURE (UK) LIMITED is a reputable company that is committed to sustainability and providing top-notch infrastructure solutions to its clients. Their dedication to sustainable practices and high-quality services make them a preferred choice for many in the UK.

Financial Metrics

Cash
£0
Net Worth
£9,215,774
Total Current Assets
£9,401,157
Total Current Liabilities
£185,383

Company Location