BOXCOM UK LTD
Company Information
- Company Number
- 08097316
- Registered Address
- White Collar Factory 1 Old Street Yard, Floors 14-15, London, England, EC1Y 8AF
- Status
- Active
- Employee Count
- 134
- Turnover
- £242,220,000
- EBITDA
- £24,460,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 June 2012
- Nature of Business
- 63990 - Other information service activities not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for BOX.COM (UK) LTD to pay invoices has decreased by 2 days from the previous period, with a current average of 34 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 11% to 12%. The percentage of invoices paid within 30 days has remained the same at 51%, while the percentage of invoices paid between 31 and 60 days has decreased from 39% to 38%. There has also been a decrease in the percentage of invoices not paid within agreed terms, from 13% to 12%. Overall, there has been a slight improvement in the timely payment of invoices.
Volatility Analysis
The volatility in BOX.COM (UK) LTD's payment of invoices has decreased from the previous period. The average time taken to pay invoices has decreased by 2 days, from 36 days to 34 days. The percentage of invoices paid within 30 days has remained the same at 51%, while the percentage of invoices paid between 31 and 60 days has decreased from 39% to 38%. The percentage of invoices paid later than 60 days has increased slightly from 11% to 12%. The percentage of invoices not paid within agreed terms has also decreased from 13% to 12%. Overall, there has been a slight decrease in volatility in BOX.COM (UK) LTD's payment of invoices.
Summary Analysis
From Aug 2021 to Jan 2022, BOX.COM (UK) LTD has shown a slight improvement in the timely payment of invoices. The average time taken to pay invoices has decreased by 2 days, with a current average of 34 days. The percentage of invoices paid within 30 days has remained the same at 51%, while the percentage of invoices paid between 31 and 60 days has decreased from 39% to 38%. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 11% to 12%. The percentage of invoices not paid within agreed terms has also decreased from 13% to 12%. The shortest standard payment period remains at 60 days.
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 Aug 2021 - 31 Jan 2022 | 09 Jun 2022 | 34 | 51% | 38% | 12% | 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
Standard payment terms are 60 days. Small businesses or sole traders have the opportunity to negotiate prepayments prior to contractual agreements.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
All EMEA disputes are handled and settled through a static AP mailbox (Ap.EMEA@box.com). Product/Service disputes can be settled through the purchaser. Alternatively the vendor can raise queries on our digital invoicing platform, assuming the vendor has elected to login and submit their own invoices. All invoices requiring manual processing must be sent to "INVOICES+EMEA@BOX.COUPAHOST.COM".
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
BOX.COM (UK) LTD is a technology company based in the United Kingdom that specializes in providing cloud content management and file sharing services to businesses and individuals. The company was founded in 2005 and has grown to become one of the leading providers of cloud-based solutions in the UK.
The company's sustainability program focuses on reducing their environmental impact and promoting sustainable practices within their operations. This includes using renewable energy sources, implementing recycling programs, and reducing carbon emissions through efficient energy use. Additionally, BOX.COM (UK) LTD is committed to promoting diversity and inclusion within their workforce and has set goals to increase representation of underrepresented groups.
BOX.COM (UK) LTD offers a wide range of products and services to meet the needs of their clients. These include cloud storage, file sharing, collaboration tools, and document management systems. Their services are designed to help businesses and individuals securely store, manage, and share their files and documents from anywhere in the world.
The company is led by a team of experienced and innovative individuals, including the CEO, Aaron Levie, and the Chief Operating Officer, Dan Levin. They are dedicated to driving the company's growth and success while maintaining a strong focus on sustainability and social responsibility.
For more information about BOX.COM (UK) LTD and their products and services, you can visit their website at www.box.co.uk. The company's registered office address is located at 6th Floor, 2 Kingdom Street, London, W2 6BD, United Kingdom.
