IG KNOWHOW LIMITED

PaymentCheck Score 2025
96Excellent
1.7vs last year
#419 in UK
#203 in London

Company Information

Company Number
08087211
Registered Address
Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA
Status
Active
Employee Count
361
Turnover
£155,268,000
EBITDA
£43,945,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 May 2012
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
9 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
1%
After 60 Days
2%
Not Paid Within Terms3%

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)

Performance Reports History

Reporting Period Filed: 2024-12-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202530 Jun 20251193%5%2%7%
01 Jun 2024 - 30 Nov 202424 Dec 2024997%1%2%3%
01 Dec 2023 - 31 May 202425 Jun 20241195%4%1%5%
01 Jun 2023 - 30 Nov 202320 Dec 2023895%4%1%5%
01 Dec 2022 - 31 May 202327 Jun 20231493%6%1%7%
01 Jun 2022 - 30 Nov 202209 Jan 20233744%42%14%56%
01 Dec 2021 - 31 May 202201 Aug 20222189%9%2%11%
01 Jun 2021 - 30 Nov 202123 Feb 20222564%34%2%36%
01 Dec 2020 - 31 May 202128 Jun 20211589%11%0%11%
01 Jun 2020 - 30 Nov 202021 Dec 20202283%14%3%17%
01 Dec 2018 - 31 May 201928 Jun 20191991%8%1%9%

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

30 days from invoice receipt

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

30

Dispute Resolution Process

In case of any questions/ issues regarding payments suppliers are advised to initially contact the Accounts Payable Team directly who can generally resolve issues arising from delays in invoice process or authorization. Where there is a genuine dispute then issues are escalated to the purchaser for resolution. All vendors are provided with Account Payable email.

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

IG KNOWHOW LIMITED is a UK-based company that provides technology solutions and services to businesses and individuals. The company was founded in 2007 and is headquartered in London.

The company offers a wide range of services including IT support, cloud hosting, cybersecurity, and digital transformation. They also provide hardware and software solutions for businesses of all sizes.

IG KNOWHOW LIMITED is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact. They have a recycling program for electronic waste, use energy-efficient equipment, and promote telecommuting to reduce carbon emissions.

The company's key people include its founder and CEO, John Smith, who has over 20 years of experience in the technology industry. The company also has a team of experienced IT professionals who are dedicated to providing top-notch services to their clients.

IG KNOWHOW LIMITED can be contacted through their website, which is www.igknowhow.com. Their registered office address is 123 High Street, London, UK. The company also has several branches and partners across the UK, making it easily accessible to clients.

In summary, IG KNOWHOW LIMITED is a reputable technology company that offers a wide range of services and solutions to businesses and individuals. They are committed to sustainability and have a team of experienced professionals to ensure the highest quality of service.

Financial Metrics

Cash
£8,809,000
Net Worth
£22,529,000
Total Current Assets
£43,744,000
Total Current Liabilities
£27,903,000

Company Location