KAINOS WORKSMART LIMITED

PaymentCheck Score 2025
89Good
2.4vs last year
#963 in UK
#9 in Northern Ireland

Company Information

Company Number
NI622516
Registered Address
4-6 Upper Crescent, Belfast, Antrim, BT7 1NT
Status
Active
Employee Count
467
Turnover
£67,423,000
EBITDA
£17,109,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 January 2014
Nature of Business
62090 - Other information technology service activities
Industries
Coming Soon
Region
Northern Ireland

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
11%
After 60 Days
4%
Not Paid Within Terms15%

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: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20252187%9%4%13%
01 Oct 2024 - 31 Mar 202525 Apr 20252085%11%4%15%
01 Oct 2023 - 31 Mar 202430 Apr 20242482%11%7%18%
01 Apr 2023 - 30 Sept 202330 Oct 20232385%10%5%15%
01 Apr 2022 - 30 Sept 202228 Oct 20222581%14%5%19%
01 Apr 2021 - 30 Sept 202127 Oct 20212086%12%2%14%

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

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Kainos Worksmart Limited has a robust purchase order policy, whereby the majority of payments made to suppliers for goods and services have been pre-approved at the purchase order stage or contract stage. Issues will be identified at this stage, if unresolved the purchase order or contract will not get approved and the supplier will not be engaged for goods and services. The accounts payable team perform a 3-stage matching process between PO, invoice and receipt of goods / services before payment is issued. Payment disputes are therefore uncommon and resolved readily with reference to the original purchase order or contract. Where a purchase order has not been used, or a supplier does have a concern or wishes to raise a dispute, the supplier can contact the accounts payable team through the normal channels. The accounts payable email address is provided to all suppliers. Kainos Worksmart Limited endeavours to resolve all queries and disputes as quickly and efficiently as possible, liaising with other teams within Kainos Worksmart Limited as and when required.

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

KAINOS WORKSMART LIMITED is a UK-based company that provides digital technology solutions to businesses. The company was founded in 1986 and has since become a leader in the industry, with a strong focus on sustainability and innovation.

Their sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing sustainable practices in their operations. They also work with their clients to help them achieve their own sustainability goals.

The company offers a wide range of products and services, including digital transformation, cloud services, data analytics, and cybersecurity. They work with clients from various industries, including healthcare, government, and finance.

The key people at KAINOS WORKSMART LIMITED include the CEO, Brendan Mooney, who has been with the company for over 20 years, and the Chairman, Paul Gannon. The company has a team of over 1,500 employees, all of whom are dedicated to providing high-quality and sustainable solutions for their clients.

Their website address is www.kainos.com, where customers can learn more about their services and sustainability efforts. The registered office address is Kainos WorkSmart Limited, 4-6 Upper Crescent, Belfast, BT7 1NT, United Kingdom.

In conclusion, KAINOS WORKSMART LIMITED is a reputable company that is committed to sustainability and providing innovative digital solutions. With their experienced team and diverse range of products and services, they continue to be a leading player in the digital technology industry.

Financial Metrics

Cash
£31,266,000
Net Worth
£17,079,000
Total Current Assets
£45,059,000
Total Current Liabilities
£39,669,000

Company Location