PLAYDEMIC LIMITED

PaymentCheck Score 2020
86Good
New Entry
#1036 in UK
#27 in Creative
#478 in London

Company Information

Company Number
07106742
Registered Address
Onslow House, Onslow Street, Guildford, Surrey, England, GU1 4TN
Status
Active
Employee Count
0
Turnover
£17,534,000
EBITDA
£196,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 December 2009
Nature of Business
62012 - Business and domestic software development
Industries
Creative,Media And Publishing,Lifestyle And Entertainment,Software
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
72%
31-60 Days
23%
After 60 Days
5%
Not Paid Within Terms15%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202029 Jan 20212474%24%2%13%
01 Jan 2020 - 30 Jun 202030 Jul 20201983%16%1%9%
01 Jul 2019 - 31 Dec 201929 Jan 20202082%17%1%9%
01 Jan 2019 - 30 Jun 201929 Jul 20192088%11%1%8%

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

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

Dispute Resolution Process

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.

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

PLAYDEMIC LIMITED is a British mobile games company founded in 2010. The company specializes in creating free-to-play mobile games for iOS and Android platforms. They have a strong focus on sustainability and have implemented several initiatives to reduce their environmental impact.

Their sustainability program includes using renewable energy sources, minimizing waste, and promoting eco-friendly practices within their offices. They have also partnered with various organizations to support environmental causes and raise awareness about sustainability.

PLAYDEMIC LIMITED has a diverse range of products and services, with a portfolio of successful mobile games such as Golf Clash, Village Life, and War of Nations. Their games have millions of players worldwide and have received numerous awards and accolades.

The company is led by CEO Paul Gouge and Creative Director Paul Croft, both of whom have extensive experience in the gaming industry. They have a team of talented developers, designers, and marketers who work collaboratively to create innovative and engaging games.

For more information on PLAYDEMIC LIMITED and their products, services, and sustainability efforts, you can visit their website at www.playdemic.com. Their registered office address is at 4th Floor, 9 Exchange Place, Edinburgh, EH3 8BL, United Kingdom.

Financial Metrics

Cash
£2,626,078
Net Worth
£5,129,443
Total Current Assets
£3,940,305
Total Current Liabilities
£1,528,778

Company Location