IOMART MANAGED SERVICES LIMITED

PaymentCheck Score 2025
63Fair
#2934 in UK
#30 in Information Technology
#132 in Scotland

Company Information

Company Number
SC275629
Registered Address
6 Atlantic Quay, 55 Robertson Street, Glasgow, Scotland, G2 8JD
Status
Active
Employee Count
395
Turnover
£89,393,000
EBITDA
£27,466,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 November 2004
Nature of Business
63110 - Data processing, hosting and related activities
Industries
Information Technology, Telecommunications And Data, Professional Services, Software, Telecommunications
Region
Scotland

Time to Pay

Average Time to Pay
29 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
56%
31-60 Days
41%
After 60 Days
3%
Not Paid Within Terms44%

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 202530 Oct 20253149%46%5%51%
01 Apr 2023 - 30 Sept 202331 Oct 20232949%49%2%51%
01 Apr 2022 - 30 Sept 202219 Oct 20222757%41%2%43%
01 Oct 2021 - 31 Mar 202221 Apr 20222956%42%2%43%
01 Apr 2021 - 30 Sept 202127 Oct 20213161%35%4%38%
01 Oct 2020 - 31 Mar 202116 Apr 20212956%42%2%44%
01 Apr 2019 - 30 Sept 201928 Oct 20192858%39%3%39%

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 30 days from the date of the invoice.

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

60

Dispute Resolution Process

All disputes are dealt with over the phone or via a shared mailbox within the finance department.

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

IOMART HOSTING LIMITED is a UK-based company that specializes in providing cloud hosting services to businesses and organizations. The company was founded in 1998 and has since grown to become one of the leading providers of cloud-based solutions in the country.

The company offers a wide range of services, including managed hosting, dedicated servers, and virtual private servers. They also provide data storage and backup solutions, as well as managed security services. Their services are designed to help businesses of all sizes manage their IT infrastructure more efficiently and securely.

IOMART HOSTING LIMITED is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact. They use energy-efficient data centers and have implemented recycling programs for their electronic waste. They also offer carbon offsetting options for their customers to reduce their carbon footprint.

The key people at IOMART HOSTING LIMITED include Angus MacSween, the CEO, and Bill Strain, the COO. They have a team of experienced IT professionals who work together to ensure the smooth operation of their services.

The company's website address is www.iomarthosting.com, where customers can find more information about their services and contact details. Their registered office address is Lister Pavilion, Kelvin Campus, West of Scotland Science Park, Glasgow, G20 0SP, United Kingdom.

In conclusion, IOMART HOSTING LIMITED is a reputable company that offers a variety of cloud hosting services to businesses. They are committed to sustainability and have a team of experienced professionals dedicated to providing high-quality services to their customers.

Financial Metrics

Cash
£8,882,898
Net Worth
£47,306,819
Total Current Assets
£55,792,244
Total Current Liabilities
£50,187,352

Company Location