CIENA GLOBAL PRODUCTS COMPANY, LTD.

PaymentCheck Score 2025
24Very Poor
3.5vs last year
#4459 in UK
#1477 in London

Company Information

Company Number
13064681
Registered Address
20 Curtain Road, Floor 11, London, United Kingdom, EC2A 3NG
Status
Active
Employee Count
2
Turnover
£1,447,679,000
EBITDA
£14,593,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 December 2020
Nature of Business
61900 - Other telecommunications activities
Industries
Telecommunications
Region
London

Time to Pay

Average Time to Pay
54 days
Shortest Period:45 days
Longest Period:70 days
Max Contractual:70 days

Payment Timeline

Within 30 Days
2%
31-60 Days
72%
After 60 Days
26%
Not Paid Within Terms68%

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: 2024-12-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
03 Nov 2024 - 03 May 202501 Jun 2025551%69%30%87%
28 Apr 2024 - 02 Nov 202419 Dec 2024542%72%26%68%
29 Oct 2023 - 27 Apr 202422 May 2024536%68%26%88%
30 Apr 2023 - 28 Oct 202323 Nov 2023547%72%21%81%
30 Oct 2022 - 29 Apr 202322 May 2023543%79%18%92%
01 May 2022 - 29 Oct 202217 Nov 2022560%75%25%95%
31 Oct 2021 - 30 Apr 202228 Sept 2022541%75%24%92%

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

Unless otherwise stated in the order, Ciena Global Products Company Limited shall pay the price of the goods and the services within our standard payment terms.

Were there any changes to the standard payment terms in the reporting period?

The standard payment terms changed during the reporting period. From 01 September 2024, it changed from 45 days to 60 days.

Any other information about payment terms

N/A

Maximum contractual payment period agreed

70

Dispute Resolution Process

Any dispute is resolved locally between company, Relationship Manager and the supplier on an individual basis with the primary aim that disputes are settled quickly, and contractual payment dates met.

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

Ciena Global Products Company, Ltd. is a multinational corporation based in the United Kingdom that specializes in providing cutting-edge technology and services for the telecommunications industry. The company is committed to promoting sustainability and has implemented a comprehensive program to reduce its environmental impact.

Ciena offers a wide range of products and services, including network infrastructure solutions, software, and professional services for network operators, service providers, and enterprises. Their products are designed to increase network capacity, improve efficiency, and enhance the overall user experience.

The key people at Ciena include CEO Gary Smith, COO Rick Hamilton, and CTO Steve Alexander, who bring a wealth of experience and expertise to the company. Their leadership has helped Ciena establish itself as a leader in the telecommunications industry.

Ciena's sustainability program focuses on reducing carbon emissions, conserving energy and water, and promoting sustainable supply chain practices. The company has set ambitious targets to reduce its carbon footprint and has implemented various initiatives to achieve these goals.

To learn more about Ciena and their products and services, interested individuals can visit their website at www.ciena.com. The registered office address for Ciena is 20-22 Bedford Row, London, WC1R 4JS, United Kingdom. With its commitment to sustainability and innovative solutions, Ciena continues to be a leading player in the telecommunications industry.

Financial Metrics

Cash
£210,569
Net Worth
£326,208,128
Total Current Assets
£961,442,720
Total Current Liabilities
£592,162,489

Company Location