CHECKOUT TECHNOLOGY LTD
Company Information
- Company Number
- 12785792
- Registered Address
- Wenlock Works, Shepherdess Walk, London, United Kingdom, N1 7BQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 August 2020
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CHECKOUT TECHNOLOGY LTD consistently demonstrates strong payment speed, averaging 24 days per invoice. A significant 76% of payments are settled within 30 days, indicating a generally reliable and predictable trajectory for timely remittance.
Volatility Analysis
Despite the strong average, 24% of payments are classified as late, with 21% settling between 31 and 60 days. A small fraction of 3% extends beyond 60 days, introducing a minor element of unpredictability and risk for a subset of transactions.
Summary Analysis
Overall, CHECKOUT TECHNOLOGY LTD poses a low-to-moderate payment risk, primarily due to the high proportion of on-time payments. Suppliers should factor in the 24% late payment rate, preparing for potential extensions to 60 days for some invoices. Implementing clear communication and potential staggered payments for larger orders could mitigate the small risk of prolonged delays.
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 2025 - 30 Jun 2025 | 25 Jul 2025 | 24 | 76% | 21% | 3% | 24% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Apr 2025 | 15 | 73% | 24% | 3% | 27% |
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
30 days from invoice date
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
45
Dispute Resolution Process
Dispute resolution process agreed contractually on a per supplier basis
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
CHECKOUT TECHNOLOGY LTD is a private limited company operating in the technology sector, specialising in solutions related to checkout processes. As its name suggests, the company focuses on technological advancements within transactional environments.
Incorporated on 2 August 2020, CHECKOUT TECHNOLOGY LTD operates as an active private limited company under company number 12785792. Its registered office is located at Wenlock Works, Shepherdess Walk, London, United Kingdom, N1 7BQ.
Companies specialising in checkout technology in the UK market commonly develop and implement systems for retail and e-commerce transactions. These typically include point-of-sale (POS) software, payment processing solutions, and integrated e-commerce checkout platforms. Such technology organisations also often provide tools for inventory management and customer transaction data processing.
