SPS INVESTMENTS GROUP LIMITED

PaymentCheck Score 2022
68Fair
0.8vs last year
#2810 in UK
#124 in Yorkshire and The Humber

Company Information

Company Number
07612649
Registered Address
7 Bradford Business Park, Kings Gate, Bradford, West Yorkshire, BD1 4SJ
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
21 April 2011
Nature of Business
70100 - Activities of head offices
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:93 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
48%
After 60 Days
6%
Not Paid Within Terms10%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average payment time for SPS INVESTMENTS GROUP LIMITED is 30 days; however, nearly half (48%) of payments consistently extend into the 31-60 day period. This indicates a consistent trend where payments frequently exceed the initial 30-day mark, rather than being strictly on time. The overall trajectory suggests a slight but persistent tendency for payment cycles to lean towards the longer end of the 30-60 day range.

Volatility Analysis

Payment reliability is moderate, as less than half (46%) are consistently paid within 30 days, with a significant 48% falling into the 31-60 day bracket. The 10% overall late payment rate and 6% of payments exceeding 60 days highlight a measurable risk of unpredictable and extended delays for a subset of transactions. Suppliers should anticipate that payment timelines may often exceed the stated average.

Summary Analysis

SPS INVESTMENTS GROUP LIMITED demonstrates a moderate payment risk profile; suppliers should anticipate a significant likelihood of payments taking 31-60 days rather than consistently within 30 days. Key decision factors include managing cash flow expectations and the potential need for follow-up on delayed invoices. To mitigate risk, consider establishing explicit longer payment terms or implementing staggered credit limits with close monitoring of early payment performance.

Performance Reports History

Reporting Period Filed: 2021-10-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202227 Apr 20223447%43%10%10%
01 Apr 2021 - 30 Sept 202121 Oct 20213046%48%6%10%
01 Apr 2020 - 30 Sept 202014 Oct 20202169%26%5%10%
01 Apr 2019 - 30 Sept 201923 Oct 20192463%29%8%5%
01 Oct 2018 - 31 Mar 201929 Apr 20192955%32%13%12%
01 Apr 2018 - 30 Sept 201830 Oct 20183148%41%11%12%

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

invoice are paid with in the suppliers agreed payment terms

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

If a dispute arises with the supplier, either the Finance department or the department responsible for the contract, will contact the supplier to to discus and put a process in place to resolve.

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

SPS INVESTMENTS GROUP LIMITED is an active private limited company that specialises in investment activities. The company's name and type indicate a primary focus on managing and deploying capital across various ventures.

Incorporated on 21 April 2011, the company operates under company number 07612649. Its registered office is situated at 7 Bradford Business Park, Kings Gate, Bradford, West Yorkshire, BD1 4SJ, indicating its operational base within the Yorkshire region.

As an investment group in the UK market, such organisations typically provide services including the management of investment portfolios, the acquisition and holding of assets such as property or shares, and the provision of capital for strategic ventures. They commonly engage in diversified investment strategies aimed at long-term asset growth.

Financial Metrics

Cash
£18,500
Net Worth
-£28,200,000
Total Current Assets
£16,100,000
Total Current Liabilities
£44,800,000

Company Location