LEIDOS INNOVATIONS UK LTD

PaymentCheck Score 2025
86Good
5.4vs last year
#1296 in UK
#16 in Information Technology
#62 in Scotland

Company Information

Company Number
SC112421
Registered Address
Skypark 1 8 Elliot Place, Glasgow, Scotland, G3 8EP
Status
Active
Employee Count
928
Turnover
£145,828,000
EBITDA
-£794,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 1988
Nature of Business
62090 - Other information technology service activities
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
73%
31-60 Days
22%
After 60 Days
5%
Not Paid Within Terms23%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253086%10%4%12%
01 Jul 2024 - 31 Dec 202431 Jan 20253183%12%5%16%
01 Jan 2024 - 30 Jun 202430 Jul 20243273%22%5%23%
01 Jul 2023 - 31 Dec 202331 Jan 20243573%18%9%24%
01 Jan 2023 - 30 Jun 202331 Jul 20233656%34%10%48%
01 Jul 2021 - 31 Dec 202128 Jan 20223079%15%6%20%
01 Jan 2021 - 30 Jun 202130 Jul 20214058%30%12%41%
01 Jan 2020 - 30 Jun 202030 Jul 20202784%13%2%25%
01 Jul 2019 - 31 Dec 201929 Jan 20202882%14%3%26%
01 Jan 2019 - 30 Jun 201929 Jul 20193075%21%4%26%
01 Jan 2018 - 30 Jun 201825 Jul 20182770%28%2%38%

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

Invoices shall be submitted by email to the identified mailbox on the PO cover. Hard copies shall be sent to Accounts Payable Department as identified on the PO cover and shall contain the following information: Order number, part number, description of articles, sizes, quantities, unit prices and extended totals. Invoices submitted hereunder will be paid net Thirty (30) calendar days after receipt of invoices or acceptance of delivered items by Leidos, whichever occurs later, unless otherwise specified on the PO cover. Before payment, Leidos may make any adjustments to Seller’s invoices to accommodate shortages, late delivery, rejections, or other failure to comply with the requirements of any Orders. Cash discounts will be taken from date of final acceptance of delivered items, or the date of acceptable invoice, whichever is later. Payment shall not constitute final acceptance. Leidos may offset against any payment hereunder any amount owed to Leidos by the Seller

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

30

Dispute Resolution Process

Leidos and Seller agree to enter into negotiations to resolve any controversy, claim or dispute (“dispute”) arising under or relating to the Order. The parties agree to negotiate in good faith to reach a mutually agreeable resolution of such dispute within a reasonable period of time. If good faith negotiations are unsuccessful, Leidos and Seller agree to resolve the dispute by non-binding arbitration in accordance with the rules of arbitration of The Chartered Institute of Arbitrators in the United Kingdom and by Arbitrators appointed in accordance with such rules in effect.

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

LEIDOS INNOVATIONS UK LTD is a leading technology and engineering company based in the United Kingdom. The company provides innovative solutions and services in the fields of defense, intelligence, civil and health markets.

Under its sustainability program, LEIDOS INNOVATIONS UK LTD is committed to operating in an environmentally responsible manner. The company actively promotes the use of renewable energy, reduces waste and emissions, and implements sustainable procurement practices.

The company's products and services include advanced technology systems, cybersecurity solutions, data analytics, and consulting services. Their products and services are designed to provide secure and efficient solutions to their clients, while also contributing to sustainable practices.

LEIDOS INNOVATIONS UK LTD is led by a team of experienced and knowledgeable individuals, including its UK Chief Executive Officer, Simon Fovargue. The company prides itself on its strong leadership and diverse workforce, with a focus on promoting diversity and inclusion in the workplace.

For more information about LEIDOS INNOVATIONS UK LTD and its services, interested parties can visit their website at www.leidos.com/uk or contact their registered office at 9-10 Charlotte Mews, London, W1T 4EQ. The company is committed to providing high-quality and sustainable solutions to their clients and continues to be a leader in the technology and engineering industry in the UK.

Financial Metrics

Cash
£20,585,000
Net Worth
£56,249,000
Total Current Assets
£104,623,000
Total Current Liabilities
£55,841,000

Company Location