DARKTRACE HOLDINGS LIMITED
Company Information
- Company Number
- 08562035
- Registered Address
- Maurice Wilkes Building St John's Innovation Park, Cowley Road, Cambridge, United Kingdom, CB4 0DS
- Status
- Active
- Employee Count
- 1027.0
- Turnover
- 427138000.0
- EBITDA
- 44961000.0
Additional Details
- Website
- https://www.darktrace.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 June 2013
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Safety And Security,Software
- Region
- East of England
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 12 | 92% | 5% | 3% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 18 | 87% | 8% | 5% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 17 | 90% | 7% | 3% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 13 | 95% | 3% | 2% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 17 | 93% | 4% | 3% | 20% |
Company Summary
DARKTRACE HOLDINGS LIMITED is a British technology company that specializes in cyber security and artificial intelligence
The company was founded in 2013 by mathematicians and government intelligence experts
Their main product is the "Enterprise Immune System", which uses machine learning and AI algorithms to detect and respond to cyber threats in real-time
This unique approach has gained the company recognition and numerous awards, such as being named as a Technology Pioneer by the World Economic Forum
In addition to their innovative products, DARKTRACE is committed to sustainability and has implemented a number of initiatives to reduce their carbon footprint and promote environmental responsibility
This includes using renewable energy sources, reducing waste, and promoting eco-friendly practices within their operations
The company is led by CEO Poppy Gustafsson and has a team of experienced executives and advisors, including former British intelligence chiefs
Their dedication to cyber security and sustainability has earned them a loyal customer base, with over 4,700 organizations across 100 countries using their products and services
DARKTRACE HOLDINGS LIMITED is headquartered in Cambridge, UK and has offices in North America, Europe, and Asia
Their registered office address is 3rd Floor, 20 Farringdon Road, London, EC1M 3HE, United Kingdom
To learn more about DARKTRACE and their products and services, visit their website at www.darktrace.com
Their team can also be contacted via email at info@darktrace.com or by phone at +44 (0)20 7933 8333
Company Review
Trend Analysis
The average time taken for DARKTRACE HOLDINGS LIMITED to pay invoices has fluctuated between 12 to 18 days over the past three periods. However, there has been a slight decrease in the average time taken to pay invoices in the most recent period.
Volatility Analysis
The company's payment behavior has been relatively consistent over the past three periods, with the percentage of invoices paid within 30 days ranging from 87% to 95%. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a high of 5% in the third period.
Summary Analysis
In the most recent period (Jul 2023 - Dec 2023), DARKTRACE HOLDINGS LIMITED had an average time to pay of 12 days, with 92% of invoices paid within 30 days. This is a slight improvement compared to the previous period (Jan 2023 - Jun 2023) where the average time to pay was 18 days and only 87% of invoices were paid within 30 days. However, the company's payment behavior has remained relatively consistent with a majority of invoices being paid within 30 days.
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 net
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
-
Maximum contractual payment period agreed
180
Dispute Resolution Process
Escalated to the legal team.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available