GRAPHCORE LIMITED
Company Information
- Company Number
- 10185006
- Registered Address
- 9th Floor, 107 Cheapside, London, EC2V 6DN
- Status
- Active
- Employee Count
- 650
- Turnover
- £2,244,000
- EBITDA
- -£126,789,000
Additional Details
- Website
- https://www.graphcore.ai/
- Company Type
- Private limited Company
- Incorporated On
- 17 May 2016
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Information Technology,Telecommunications And Data,Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 18 | 92% | 7% | 1% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 17 | 93% | 7% | 0% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 19 | 85% | 15% | 0% | 13% |
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
Our standard payment terms are 30 days after invoice document date. We hold individual agreements with some of our suppliers for differing terms ranging from immediate to the standard 30 days, and also direct debit payments.
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
The Company has a dedicated accounts payable team, which can be reached by Email. Suppliers with invoice queries need to contact this team, and if the accounts payables ream is not able to resolve they escalate the issue to the buyer associated with the invoice. Disputes are handled by a combination of the accounts payable team and the buyer’s department who placed the order, and will be escalated to senior management if it cannot be resolved satisfactorily.
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.
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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?
❌
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
Graphcore Limited is a UK-based company that specializes in the development of advanced computing hardware for artificial intelligence applications. Founded in 2016, the company has quickly emerged as a leader in the AI industry, providing cutting-edge solutions to some of the world's largest tech companies.
The company's main product is the Intelligence Processing Unit (IPU), a chip specifically designed for machine learning and AI tasks. The IPU is highly energy-efficient, making it a sustainable choice for companies looking to reduce their carbon footprint.
Graphcore Limited also has a strong sustainability program in place, with a focus on reducing waste and promoting eco-friendly practices. They have implemented a recycling program for their products and use renewable energy sources in their manufacturing processes.
The key people behind Graphcore Limited include co-founders Nigel Toon and Simon Knowles, who have a combined experience of over 50 years in the technology industry. They are supported by a team of experts in AI, hardware design, and software development.
For more information on Graphcore Limited and their products and services, you can visit their website at www.graphcore.ai. Their registered office address is located in Bristol, UK. With their innovative solutions and commitment to sustainability, Graphcore Limited is paving the way for the future of AI technology.
