PARK PLACE TECHNOLOGIES LIMITED

PaymentCheck Score 2025
39Poor
8.8vs last year
#4092 in UK
#68 in Information Technology
#1422 in London

Company Information

Company Number
09398203
Registered Address
6 Mitre Passage, London, SE10 0ER
Status
Active
Employee Count
276
Turnover
£54,759,000
EBITDA
£2,469,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 January 2015
Nature of Business
95110 - Repair of computers and peripheral equipment
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
20%
31-60 Days
55%
After 60 Days
25%
Not Paid Within Terms0%

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: 2025-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202528 Jul 20258220%55%25%0%
01 Jul 2024 - 31 Dec 202420 Jan 20256216%58%26%84%
01 Jan 2024 - 30 Jun 202419 Jul 20245517%58%25%83%

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

We do not have a standard payment terms however we typically use a payment period of 30 days

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

Park Place Technologies Limited have standard dispute resolution process across all suppliers payments. First point of contact is our Accounts Payable Team, through email at AccountspayableUK@parkplacetech.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

Park Place Technologies Limited is a leading provider of data center maintenance and support services. The company was founded in 1991 and is headquartered in Cleveland, Ohio, with offices and operations in Europe, Asia, and Latin America.

The company's sustainability program focuses on reducing its environmental impact through responsible sourcing, energy-efficient operations, and recycling initiatives. Park Place Technologies is committed to sustainable practices and has received several awards for its efforts, including the 2020 Corporate Sustainability Leader Award from the Environmental Leader.

The company offers a wide range of products and services, including server and storage maintenance, network equipment maintenance, and data center relocation. They also provide remote monitoring and management services, allowing businesses to proactively manage their IT infrastructure and prevent downtime.

The key people at Park Place Technologies include CEO and President Chris Adams, Executive Vice President and CFO Tony Tricarichi, and Executive Vice President of Global Sales and Marketing Chris Adams. The company's website address is www.parkplacetechnologies.com, and its registered office address is 1000 Park Place, Suite 400, Cleveland, Ohio 44114, United States.

In conclusion, Park Place Technologies Limited is a leading data center maintenance and support services provider with a strong commitment to sustainability. Their range of products and services, along with their team of experienced leaders, makes them a trusted partner for businesses in need of reliable IT support.

Financial Metrics

Cash
£840,000
Net Worth
-£97,828,000
Total Current Assets
£40,446,000
Total Current Liabilities
£130,464,000

Company Location