MICRO FOCUS SOFTWARE UK LTD

PaymentCheck Score 2025
79Good
4.1vs last year
#1843 in UK
#30 in Software
#310 in South East

Company Information

Company Number
10355616
Registered Address
The Lawn, 22 - 30 Old Bath Road, Newbury, Berkshire, England, RG14 1QN
Status
Active
Employee Count
420
Turnover
£92,666,000
EBITDA
£3,922,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 September 2016
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
65%
31-60 Days
29%
After 60 Days
6%
Not Paid Within Terms23%

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: 2025-01-28
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 20253168%27%5%9%
01 Jul 2024 - 31 Dec 202428 Jan 20253165%29%6%23%
01 Jul 2023 - 31 Dec 202330 Jan 20243358%36%7%26%
01 Nov 2022 - 30 Jun 202327 Jul 20233254%38%8%37%
01 Nov 2021 - 30 Apr 202227 May 20223347%46%7%35%
01 May 2021 - 31 Oct 202129 Nov 20214434%49%17%35%
01 Nov 2020 - 30 Apr 202127 May 20215031%60%9%43%
01 May 2019 - 31 Oct 201919 Feb 20204634%57%9%22%
01 Nov 2018 - 30 Apr 201919 Feb 20203852%42%6%35%
01 May 2018 - 31 Oct 201819 Feb 20204325%64%11%33%
01 Nov 2017 - 30 Apr 201819 Feb 20205522%49%29%69%

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

Each supplier is required to submit their invoices to the Micro Focus Accounts Payable team in accordance with the instructions on the applicable purchase order. Micro Focus reserves the right to withhold payment on any invoice until such time as Supplier submits the invoice in accordance with the agreed requirements. The standard payment term is sixty (60) days from the receipt of a valid invoice. Some suppliers and supply categories, like essential services, will have payment terms negotiated in advance that will be different from the Micro Focus standard payment term. It is Micro Focus’ practice to issue payment for invoices that become due in the next payment run. If an invoice comes due after a payment run, payment will be issued in the next available payment run.

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

75

Dispute Resolution Process

If any invoice is disputed, Micro Focus agrees to negotiate in good faith to resolve the dispute. Suppliers can contact the Micro Focus Accounts Payable Department (the current contact details of which are MFI-MFAPCRC@opentext.com), or their Micro Focus representative, in connection with disputed invoices, as well as for invoice status and any other payment related questions.

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

Micro Focus Software UK Ltd is a leading software company based in Newbury, Berkshire. The company was founded in 1976 and has since established itself as a global provider of enterprise software solutions.

The company's sustainability program is focused on reducing its environmental impact and promoting social responsibility. This includes implementing energy-efficient practices, minimizing waste, and supporting local communities through various initiatives.

Micro Focus offers a wide range of products and services, including application modernization, security and risk management, and data privacy solutions. Their products are designed to help businesses improve efficiency, security, and compliance.

The key people at Micro Focus Software UK Ltd include CEO, Stephen Murdoch, and Chairman, Kevin Loosemore. They are supported by a team of experienced executives who are committed to driving the company's success.

The company's website address is www.microfocus.com, where customers can find information about their products and services, as well as access customer support. Their registered office address is The Lawn, 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN, United Kingdom.

In conclusion, Micro Focus Software UK Ltd is a reputable company with a strong focus on sustainability and providing innovative software solutions to businesses worldwide. With a team of experienced leaders and a commitment to social responsibility, the company continues to thrive in the competitive software industry.

Financial Metrics

Cash
£367,000
Net Worth
£7,645,000
Total Current Assets
£72,977,000
Total Current Liabilities
£54,871,000

Company Location