Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 80.5/100 qualifies for PaymentCheck Certification
| 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 2021 - 30 Jun 2021 | 30 Jul 2021 | 27 | 72% | 23% | 5% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 24 | 74% | 24% | 2% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 19 | 83% | 16% | 1% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 20 | 82% | 17% | 1% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 20 | 88% | 11% | 1% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company’s standard terms and conditions provide for payment to be made within sixty (60) days of the later of the date: (a) on which the company receives supplier's invoice; or (b) the goods are accepted or the performance of the services is completed. Notwithstanding the standard payment terms described above, the company may agree different payment terms with individual suppliers on a case-by-case basis and as appropriate. Shorter payment terms than the standard have been agreed with respect to various contracts within the reporting period.
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
90
The company's goal is to resolve disputes fairly, quickly and amicably, and suppliers are encouraged to communicate with their usual business contact(s) in respect of any concerns as a first step. Disputes in respect of a contract that cannot be resolved through discussion between the company and a supplier as above are, under the company’s standard terms and conditions, ultimately subject to the jurisdiction of the English courts.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Playdemic Limited is a UK registered company with the Companies House nature of business recorded as business and domestic software development, and its industry tags identify it with application software and video games. The company was originally incorporated as Playdemics Limited, briefly traded as Rockyou Limited, before adopting the Playdemic Limited name it currently holds. It remains an active private limited company registered in Guildford, Surrey. No further descriptive detail about specific products, platforms or client base is available from the evidence supplied, but the SIC classification and industry tags indicate the company operates in software development for interactive entertainment.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk