PALANTIR TECHNOLOGIES UK LTD

Company Information

Company Number
07042994
Registered Address
Birchin Court 5th Floor, 19-25 Birchin Lane, London, United Kingdom, EC3V 9DU
Status
Active
Employee Count
773.0
Turnover
236288000.0
EBITDA
23787000.0

Additional Details

Company Type
Private limited Company
Incorporated On
14 October 2009
Nature of Business
62012 - Business and domestic software development$62020 - Information technology consultancy activities$63110 - Data processing, hosting and related activities$71122 - Engineering related scientific and technical consulting activities
Industries
Software
Region
London

Company Location

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Financial Metrics

Cash
£32,827,524.00
Net Worth
£30,034,496.00
Total Current Assets
£92,130,367.00
Total Current Liabilities
£64,353,346.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-08

Time to Pay

Average Time to Pay
20 days
Shortest Period:5 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
84%
31-60 Days
14%
After 60 Days
2%
Not Paid Within Terms28%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202308 Feb 20242084%14%2%28%
01 Jan 2023 - 30 Jun 202312 Aug 20232776%19%5%23%
01 Jul 2022 - 31 Dec 202201 Feb 20232580%16%4%20%
01 Jan 2022 - 30 Jun 202201 Aug 20222383%14%3%12%
01 Jan 2022 - 30 Jun 202201 Aug 20222383%14%3%88%
01 Jul 2021 - 31 Dec 202110 May 20222382%16%2%28%
01 Jan 2021 - 30 Jun 202130 Jul 20211892%5%3%30%
01 Jul 2020 - 31 Dec 202026 Jan 20212577%19%4%48%
01 Jan 2020 - 30 Jun 202029 Jul 20202866%29%5%34%
01 Jul 2019 - 31 Dec 201927 Jan 20204467%19%14%33%
01 Jan 2019 - 30 Jun 201929 Jul 20192287%12%1%13%
01 Jul 2018 - 31 Dec 201830 Jan 20192477%20%3%24%
01 Jan 2018 - 30 Jun 201830 Jul 20181781%17%2%19%

Company Summary

PALANTIR TECHNOLOGIES UK, LTD

is a technology company that specializes in data analysis and software development

The company was founded in 2003 and is headquartered in London, UK

The company's sustainability program focuses on reducing their environmental impact and promoting sustainable practices

They have implemented energy-efficient measures in their offices and have committed to reducing their carbon footprint by using renewable energy sources

They also have a recycling program in place and encourage their employees to participate in volunteer activities to support local communities

PALANTIR TECHNOLOGIES UK, LTD

offers a range of products and services, including data analysis software and platforms for various industries such as finance, healthcare, and government

Their software helps businesses and organizations make sense of complex data and make better decisions

Key people at PALANTIR TECHNOLOGIES UK, LTD

include CEO Alexander Karp and President Shyam Sankar

They have a team of skilled engineers, data scientists, and analysts who work together to develop innovative solutions for their clients

The company's website address is https://www.palantir.com/uk/

Their registered office address is located at 1 Plough Place, London, EC4A 1DE, United Kingdom

PALANTIR TECHNOLOGIES UK, LTD

continues to grow and expand its impact in the technology industry, while also prioritizing sustainability and making a positive difference in the world

Company Review

Trend Analysis

The average time for PALANTIR TECHNOLOGIES UK, LTD. to pay their invoices has fluctuated over the past three periods, with a slight increase in 2023 compared to 2022. However, there has been a significant improvement from 2018 to 2021, with the average time decreasing from 17 days to 18 days.

Volatility Analysis

The volatility of PALANTIR TECHNOLOGIES UK, LTD.'s payment patterns can be seen in the varying percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. In 2019, there was a significant decrease in the percentage of invoices paid later than 60 days, but this trend reversed in 2020 and 2021 with an increase in the percentage. The percentage of invoices paid within 30 days also decreased in 2020 and 2021 compared to 2019. However, there was an improvement in 2023 with a decrease in the percentage of invoices paid later than 60 days and an increase in the percentage of invoices paid within 30 days.

Summary Analysis

From 2018 to 2021, there was a steady improvement in PALANTIR TECHNOLOGIES UK, LTD.'s payment patterns. However, there was a significant deterioration in 2022, with a higher percentage of invoices paid later than 60 days and not within agreed terms. This trend improved in 2023, with a decrease in the percentage of invoices paid later than 60 days and an increase in the percentage of invoices paid within 30 days.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

We pay using standard payment terms.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

A complaint or concern will be handled by the accounts payable department immediately upon receipt of invoice.

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