DEEPMIND TECHNOLOGIES LIMITED
Company Information
- Company Number
- 07386350
- Registered Address
- 5 New Street Square, London, EC4A 3TW
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,080,720,000
- EBITDA
- £71,251,000
Additional Details
- Website
- https://deepmind.com/
- Company Type
- Private limited Company
- Incorporated On
- 23 September 2010
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering
- Industries
- Information Technology,Telecommunications And Data,Software
- Region
- London
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 | 30 Jul 2025 | 49 | 9% | 87% | 4% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 38 | 24% | 73% | 3% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 43 | 14% | 77% | 9% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 40 | 7% | 87% | 6% | 20% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 48 | 9% | 75% | 16% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 38 | 6% | 89% | 5% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 36 | 7% | 90% | 3% | 10% |
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 enters into a range of agreements for the activities it undertakes, typically relying on the standard terms of the Google group. Standard terms include the Google Supplier Purchase Order Terms and Conditions (primarily used for purchasing goods) and the Google Inbound Services Agreement (primary used for purchasing services). The terms state that the company will pay undisputed invoices within [45 or 60] days of receipt. For more information, and to view the Google Supplier Purchase Order Terms and Conditions in full, please visit https://www.google.com/corporate/suppliers. The company’s billing systems, which record and administer invoices, do not contain information about contract type. As such, while the majority of invoices in the system are expected to relate to qualifying contracts, the system is unable to distinguish qualifying contracts from non-qualifying contracts and some such data may be included in the reported statistics.
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
Google will only initiate invoice disputes in good faith, and will provide a written description of the disputed amount. Upon Google’s request, Supplier will issue separate invoices for undisputed and disputed amounts. Payment of undisputed amounts will not limit Google’s right to object and refuse payment of disputed amounts.
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.
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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?
❌
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
DeepMind Technologies Limited is a British artificial intelligence company founded in 2010. The company's main focus is on developing artificial general intelligence (AGI), which aims to create machines that can think and learn like humans.
Sustainability is an important aspect of DeepMind's operations, and the company has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, minimizing waste, and promoting sustainable practices among its employees.
The company's products and services include artificial intelligence technologies and applications such as AlphaGo, which beat the world champion in the ancient Chinese game of Go, and AlphaFold, a deep learning system that predicts protein structures. These technologies have potential applications in various industries, including healthcare, finance, and energy.
The key people at DeepMind Technologies Limited include co-founders Demis Hassabis, Mustafa Suleyman, and Shane Legg, who are all renowned experts in the field of artificial intelligence. The company also has a team of talented engineers, scientists, and researchers working towards its mission of developing AGI.
DeepMind Technologies Limited can be contacted through their website, which also provides information about the company's products, services, and career opportunities. The registered office address for the company is at 6 Pancras Square, London N1C 4AG, United Kingdom.
In summary, DeepMind Technologies Limited is a leading artificial intelligence company with a strong focus on sustainability and a talented team of individuals dedicated to pushing the boundaries of AI technology. Their innovative products and services have the potential to revolutionize various industries, and their commitment to sustainability sets them apart as a responsible and forward-thinking company.
