DARKTRACE PLC

PaymentCheck Score 2021
87Good
New Entry
#1253 in UK
#32 in Software
#66 in East of England

Company Information

Company Number
13264637
Registered Address
Maurice Wilkes Building, St John's Innovation Park, Cowley Road, Cambridge, United Kingdom, CB4 0DS
Status
Active
Employee Count
2,269
Turnover
£429,202,000
EBITDA
£60,963,000

Additional Details

Company Type
Public limited Company
Incorporated On
12 March 2021
Nature of Business
62012 - Business and domestic software development
64209 - Activities of other holding companies not elsewhere classified
Industries
Software
Region
East of England

Time to Pay

Average Time to Pay
17 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
92%
31-60 Days
7%
After 60 Days
1%
Not Paid Within Terms47%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202130 Jul 20211792%7%1%47%

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 net

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

365

Dispute Resolution Process

Escalated to the in-house legal team

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

DARKTRACE PLC is a leading cybersecurity company that uses artificial intelligence to detect and respond to cyber threats in real-time. The company was founded in 2013 and has its headquarters in Cambridge, UK.

Their sustainability program focuses on reducing their carbon footprint and promoting environmental responsibility. They have implemented energy-efficient practices in their offices and prioritize the use of renewable energy sources. The company also partners with local organizations to support environmental conservation efforts.

DARKTRACE PLC offers a range of products and services to protect organizations from cyber attacks. Their flagship product, the Enterprise Immune System, uses AI to learn and adapt to an organization's unique network and detect emerging threats. They also offer services such as incident response and threat intelligence to help organizations respond to and prevent cyber attacks.

The company is led by co-founders Nicole Eagan (CEO) and Poppy Gustafsson (COO), who have both been recognized for their leadership and contributions to the cybersecurity industry. DARKTRACE PLC has a global presence with offices in North America, Europe, and Asia.

Their website address is www.darktrace.com and their registered office address is 3rd Floor, 100 Cambridge Science Park, Milton Road, Cambridge CB4 0FY, UK. DARKTRACE PLC continues to be a leader in the cybersecurity industry and is committed to providing innovative solutions while also promoting sustainability.

Financial Metrics

Cash
£288,660,143
Net Worth
£172,053,044
Total Current Assets
£420,988,922
Total Current Liabilities
£327,837,794

Company Location