CIRRUS LOGIC INTERNATIONAL (UK) LTD

PaymentCheck Score 2025
89Good
1.9vs last year
#989 in UK
#48 in Scotland

Company Information

Company Number
SC089839
Registered Address
7 B Nightingale Way, Quartermile, Edinburgh, Scotland, EH3 9EG
Status
Active
Employee Count
123
Turnover
£1,509,769,000
EBITDA
£56,159,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 September 1984
Nature of Business
26110 - Manufacture of electronic components
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
84%
31-60 Days
16%
After 60 Days
0%
Not Paid Within Terms1%

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: 2025-04-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Mar 2025 - 29 Sept 202528 Oct 20252785%15%0%1%
30 Sept 2024 - 29 Mar 202524 Apr 20252784%16%0%1%
26 Sept 2023 - 30 Mar 202424 Apr 20242675%25%0%1%
26 Mar 2023 - 25 Sept 202317 Oct 20232589%11%0%1%
27 Mar 2022 - 26 Sept 202217 Oct 20222290%10%0%1%
28 Mar 2021 - 27 Sept 202120 Oct 20212290%9%1%1%
29 Sept 2020 - 27 Mar 202123 Apr 20212189%10%1%1%
01 Apr 2019 - 30 Sept 201925 Oct 20192658%42%0%5%
01 Apr 2018 - 30 Sept 201829 Oct 20182756%43%1%8%

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

Our standard payment terms are to pay invoices within 30 or 45 days from the date the invoice is received by the Accounts Payable Department according to the payment terms quoted on each purchase order sent to vendors. Alternative terms can be agreed with individual vendors. If a valid invoice is received promptly at the correct email address, quoting a valid purchase order it will be paid according to the payment terms via weekly payment runs. The correct invoicing address, which is quoted on all purchase orders is AP_UKAU@cirrus.com. If invoices cannot be emailed, they should be sent to Cirrus Logic International (UK) Ltd at 7B Nightingale Way, Quartermile, Edinburgh, EH3 9EG.

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

At Cirrus Logic, we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address: APSupport@cirrus.com. If any disputes arise, Procurement will review the terms of the agreement and work with the vendor to address the dispute accordingly.

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

Cirrus Logic International (UK) Ltd is a global semiconductor company that designs and manufactures audio and voice processing solutions for mobile, consumer, and automotive markets. Their UK headquarters is located in Edinburgh, Scotland.

As a company, Cirrus Logic is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and emissions, and implementing energy-efficient practices across their facilities.

Their products and services include audio and voice processing chips, software, and development tools that are used in a wide range of electronic devices such as smartphones, tablets, laptops, and smart home devices. These solutions are designed to enhance the audio experience for users and improve voice communication and recognition.

The key people at Cirrus Logic International (UK) Ltd include CEO Jason Rhode, who has been with the company since 2007 and has led its growth and expansion into new markets. Other key executives include Chief Financial Officer Thurman Case and Chief Technology Officer Scott Anderson.

For more information about their products and services, as well as their sustainability efforts, you can visit their website at www.cirrus.com. Their registered office address is located at 1 Tanfield, Edinburgh EH3 5DA, United Kingdom.

Financial Metrics

Cash
£5,967,168
Net Worth
£216,786,350
Total Current Assets
£391,885,007
Total Current Liabilities
£118,228,206

Company Location