MICRO FOCUS IP DEVELOPMENT LIMITED
Company Information
- Company Number
- 07233975
- Registered Address
- The Lawn 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN
- Status
- Active
- Employee Count
- 99
- Turnover
- £568,652,000
- EBITDA
- -£320,407,000
Additional Details
- Website
- https://microfocus.com
- Company Type
- Private limited Company
- Incorporated On
- 23 April 2010
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 29 Jul 2025 | 31 | 75% | 10% | 15% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 22 | 82% | 12% | 6% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 13 | 99% | 1% | 0% | 1% |
| 01 Nov 2022 - 30 Jun 2023 | 27 Jul 2023 | 15 | 94% | 2% | 4% | 7% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 30 | 73% | 12% | 15% | 31% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 103 | 0% | 50% | 50% | 88% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 49 | 60% | 0% | 40% | 0% |
| 01 May 2018 - 31 Oct 2018 | 21 Jan 2020 | 24 | 67% | 33% | 0% | 56% |
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
Each supplier is required to submit their invoices to the Micro Focus Accounts Payable team in accordance with the instructions on the applicable purchase order. Micro Focus reserves the right to withhold payment on any invoice until such time as Supplier submits the invoice in accordance with the agreed requirements. The standard payment term is sixty (60) days from the receipt of a valid invoice. Some suppliers and supply categories, like essential services, will have payment terms negotiated in advance that will be different from the Micro Focus standard payment term. It is Micro Focus’ practice to issue payment for invoices that become due in the next payment run. If an invoice comes due after a payment run, payment will be issued in the next available payment run.
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
60
Dispute Resolution Process
If any invoice is disputed, Micro Focus agrees to negotiate in good faith to resolve the dispute. Suppliers can contact the Micro Focus Accounts Payable Department (the current contact details of which are MFI-MFAPCRC@opentext.com), or their Micro Focus representative, in connection with disputed invoices, as well as for invoice status and any other payment related questions.
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
MICRO FOCUS IP DEVELOPMENT LIMITED is a UK-based company that specializes in software development and IT services. The company was founded in 2017 and is headquartered in Newbury, Berkshire.
The company's sustainability program focuses on reducing their environmental impact through various initiatives such as energy-efficient practices, waste reduction, and responsible sourcing. They also prioritize ethical business practices and strive to create a positive impact in the communities they operate in.
MICRO FOCUS IP DEVELOPMENT LIMITED offers a wide range of products and services including enterprise software solutions, data management, security, and IT consulting. Their products are designed to help businesses improve efficiency, reduce costs, and enhance security.
The key people leading the company include CEO Stephen Murdoch, CFO Brian McArthur-Muscroft, and COO Mike Phillips. They bring a wealth of experience and expertise to the company, driving its growth and success.
For more information about MICRO FOCUS IP DEVELOPMENT LIMITED and their products and services, you can visit their website at www.microfocus.com. Their registered office address is The Lawn, 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN, United Kingdom.
