CUBIS SYSTEMS LIMITED
Company Information
- Company Number
- NI692328
- Registered Address
- 99 Kingsway, Dunmurry, Belfast, United Kingdom, BT17 9NU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 November 2022
- Nature of Business
- 22290 - Manufacture of other plastic products
- Industries
- Coming Soon
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CUBIS SYSTEMS LIMITED demonstrates a consistent trend of extended payment times, with an average payment duration of 69 days. A significant 88% of payments are made late, indicating a trajectory where timely settlement is not a priority for the company. Only a small fraction, 13% of invoices, are settled within the standard 30-day period.
Volatility Analysis
The payment behavior of CUBIS SYSTEMS LIMITED presents high unreliability and unpredictability for suppliers. Nearly 40% of invoices are paid over 60 days, while the largest segment falls into the 31-60 day window, suggesting varied and often very late settlement. This creates substantial cash flow risk, making it difficult to forecast incoming funds accurately.
Summary Analysis
Suppliers should anticipate significantly delayed payments and potential working capital strain when dealing with CUBIS SYSTEMS LIMITED, given the 69-day average and 88% late payment rate. It is strongly recommended to negotiate upfront payments, smaller initial orders, or stricter, shorter payment terms with clear penalties for delays. Implement robust credit management and closely monitor invoices to mitigate the inherent payment risk.
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 | 24 Oct 2025 | 72 | 15% | 44% | 41% | 85% |
| 01 Jul 2023 - 31 Dec 2023 | 28 Feb 2024 | 65 | 13% | 47% | 40% | 85% |
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
60 days from end of month of 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
90
Dispute Resolution Process
Disputed invoices are monitored on a monthly 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.
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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?
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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
CUBIS SYSTEMS LIMITED is an active private limited company. Its operations are focused on the provision of systems, as indicated by its company name.
The company was incorporated on 4 November 2022 under company number NI692328. It is based in Northern Ireland, with its registered office located at 99 Kingsway, Dunmurry, Belfast, United Kingdom, BT17 9NU.
Companies specialising in systems provision in the UK market typically offer services encompassing system design, integration, and implementation. Their product offerings often include bespoke or off-the-shelf solutions, comprising interconnected components or functional frameworks, tailored to various operational requirements.
