OPTOS PUBLIC LIMITED COMPANY

PaymentCheck Score 2025
65Fair
1.7vs last year
#2769 in UK
#40 in Manufacturing
#124 in Scotland

Company Information

Company Number
SC139953
Registered Address
Queensferry House, Carnegie Campus, Dunfermline, Fife, KY11 8GR
Status
Active
Employee Count
302
Turnover
£134,630,000
EBITDA
£28,640,000

Additional Details

Company Type
Public limited Company
Incorporated On
26 August 1992
Nature of Business
26701 - Manufacture of optical precision instruments
28990 - Manufacture of other special-purpose machinery not elsewhere classified
Industries
Manufacturing
Region
Scotland

Time to Pay

Average Time to Pay
42 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
38%
31-60 Days
48%
After 60 Days
14%
Not Paid Within Terms0%

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: 2024-10-31
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 202501 Nov 20253842%46%12%2%
01 Oct 2024 - 31 Mar 202530 Apr 20254238%46%16%1%
01 Oct 2023 - 31 Mar 202424 Apr 20244341%45%15%0%
01 Apr 2023 - 30 Sept 202330 Nov 20233740%51%8%1%
01 Oct 2022 - 31 Mar 202306 May 20234921%52%27%0%
01 Apr 2022 - 30 Sept 202226 Oct 20223735%54%11%0%
01 Apr 2021 - 30 Sept 202130 Oct 20214032%56%12%0%
01 Apr 2020 - 31 Mar 202128 Apr 20214920%58%22%0%
01 Apr 2019 - 30 Sept 201923 Oct 20193748%43%9%0%
01 Apr 2017 - 31 Mar 201830 Oct 20183555%41%4%0%

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 45 days

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

Dispute resolution process – Initially via accounts payable team and then through escalation to appropriate team. To resolve a dispute the supplier is required to provide any missing information or a corrected invoice. Optos follow a strict no purchase order no pay policy. The purchase order is communicated by Optos's procurement team at the time of placing the order.

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

OPTOS PUBLIC LIMITED COMPANY is a leading provider of ophthalmic imaging devices, software, and services. The company was founded in 1992 and is headquartered in Scotland, with offices in the United States, Europe, and Asia.

The company's main product is the OPTOS ultra-widefield retinal imaging device, which provides high-resolution images of the retina that can aid in the diagnosis and management of various eye diseases. This innovative technology allows for a more comprehensive evaluation of the eye, leading to better patient care.

OPTOS is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes the use of renewable energy sources, reducing waste, and promoting recycling. The company also prioritizes ethical and responsible business practices, ensuring that its products and services are produced in an environmentally and socially responsible manner.

The key people at OPTOS include Robert Kennedy, the CEO, and Michael Cawley, the Chairman of the Board. Together, they bring a wealth of experience and expertise in the healthcare and technology industries.

For contact information, OPTOS can be reached at their registered office address: Queensferry House, Carnegie Campus, Dunfermline, Fife, KY11 8GR, United Kingdom. Their website, www.optos.com, provides more information about the company, its products and services, and their sustainability initiatives.

Financial Metrics

Cash
£82,742,316
Net Worth
£188,652,482
Total Current Assets
£201,103,230
Total Current Liabilities
£23,246,650

Company Location