SPTS TECHNOLOGIES LIMITED

PaymentCheck Score 2025
80Good
1.0vs last year
#1683 in UK
#38 in Supply Chain
#22 in Wales

Company Information

Company Number
07037852
Registered Address
Spts, Ringland Way, Newport, Gwent, NP18 2TA
Status
Active
Employee Count
533
Turnover
£366,851,000
EBITDA
£140,344,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 October 2009
Nature of Business
27900 - Manufacture of other electrical equipment
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Wales

Time to Pay

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

Payment Timeline

Within 30 Days
78%
31-60 Days
18%
After 60 Days
4%
Not Paid Within Terms28%

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: 2025-01-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252481%15%4%40%
01 Jan 2024 - 31 Dec 202420 Jan 20252578%18%4%28%
01 Jan 2024 - 30 Jun 202412 Jul 20242578%16%6%24%
01 Jun 2023 - 31 Dec 202331 Jan 20242875%17%8%27%
01 Jul 2022 - 31 Dec 202219 Jan 20232676%15%9%23%
01 Jan 2022 - 30 Jun 202226 Jul 20223469%21%10%38%
01 Jul 2021 - 31 Dec 202118 Feb 20222771%23%6%37%
01 Jan 2021 - 30 Jun 202127 Jul 20213163%33%4%23%
01 Jan 2019 - 30 Jun 201924 Jul 20193257%40%3%38%
01 Jul 2018 - 31 Dec 201824 Jan 201900%0%0%86%
01 Jan 2018 - 30 Jun 201827 Jul 20184023%66%11%93%

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

Our standard payment terms are 30 days. However, payment terms vary within each qualifying contract. Our shortest being 0 days.

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

There is a dedicated accounts payable department consisting of four members of staff available to resolve disputes Monday to Friday8.00am - 4.00pm. We aim to resolve queries with 72 hours. There is a dedicated accounts payable email address for ease of supplier contact.

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

SPTS Technologies Limited is a leading provider of advanced wafer processing solutions for the global semiconductor industry. Headquartered in Newport, UK, the company has over 30 years of experience in delivering innovative and sustainable solutions to its customers.

The company's sustainability program is focused on reducing its environmental impact and promoting sustainable practices. This includes initiatives such as energy and water conservation, waste reduction, and responsible sourcing of materials. SPTS also works closely with its suppliers and customers to ensure that sustainable practices are implemented throughout the supply chain.

SPTS offers a wide range of products and services, including etch, deposition, and thermal processing solutions. These technologies enable the production of advanced semiconductor devices used in applications such as mobile phones, computers, and automotive electronics.

The company's key people include Kevin Crofton, President of SPTS, who has over 30 years of experience in the semiconductor industry. Other key executives include Dr. Dave Thomas, Chief Technology Officer, and Mike Kirkup, Chief Operating Officer.

SPTS can be contacted through their website, www.spts.com, which provides information on their products, services, and sustainability efforts. The company's registered office address is SPTS Technologies Limited, 10 Malvern Way, Newport NP20 5PJ, UK.

In summary, SPTS Technologies Limited is a leading provider of advanced wafer processing solutions with a strong focus on sustainability. Their innovative products and services, along with their commitment to sustainable practices, make them a key player in the global semiconductor industry.

Financial Metrics

Cash
£120,140,697
Net Worth
£456,882,025
Total Current Assets
£282,357,887
Total Current Liabilities
£98,269,588

Company Location