GLOBALLOGIC CORP. UK LTD.

PaymentCheck Score 2024
81Good
New Entry
#1969 in UK
#91 in Scotland

Company Information

Company Number
SC357435
Registered Address
Apex 3 95 Haymarket Terrace, Edinburgh, Scotland, EH12 5HD
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
30 March 2009
Nature of Business
62020 - Information technology consultancy activities
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
28 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
74%
31-60 Days
22%
After 60 Days
4%
Not Paid Within Terms14%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

GLOBALLOGIC CORP. UK LTD. generally demonstrates a prompt payment trend, with an average payment time of 28 days and 74% of invoices settled within 30 days. While the majority of payments are timely, a segment of 26% extends beyond 30 days, including 4% that exceeds 60 days, indicating some inconsistency in payment speed.

Volatility Analysis

The payment behavior of GLOBALLOGIC CORP. UK LTD. offers moderate predictability for suppliers, with a significant majority paying on time. However, the 14% late payment rate, specifically the 4% exceeding 60 days, represents a consistent, albeit smaller, risk factor for cash flow planning. Suppliers should anticipate that a minority of invoices may experience extended payment cycles.

Summary Analysis

Considering the average 28-day payment and 74% on-time rate, GLOBALLOGIC CORP. UK LTD. is assessed as a generally reliable payer for supplier decision-making. Suppliers should acknowledge the potential for 26% of invoices to extend beyond 30 days, and consider implementing clear payment terms or diversifying their risk portfolio to mitigate these occasional delays.

Performance Reports History

Reporting Period Filed: 2025-03-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2024 - 31 Oct 202425 Mar 20252874%22%4%14%

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

Standard payment terms are 30 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

60

Dispute Resolution Process

GlobalLogic Corp. UK LTD has a dedicated accounts payable function that offers suppliers assistance around query resolution and payment. The team are available by Telephone or e-mail and work Mon to Fri 8.00-17.00.

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

GLOBALLOGIC CORP. UK LTD. is an active private limited company operating in the UK. Its name, 'GlobalLogic Corp.', indicates a commercial focus on global technology and logical solutions.

The company holds the registration number SC357435 and was incorporated on 30 March 2009. Its registered office is Apex 3 95 Haymarket Terrace, Edinburgh, Scotland, EH12 5HD.

Companies of this nature, operating as private limited entities with a focus implied by 'GlobalLogic', typically specialise in digital product engineering, software development, and IT consulting services. Such organisations often provide solutions designed to support business transformation and innovation through technology within the UK market.

Financial Metrics

Cash
£2,700,000
Net Worth
-£72,400
Total Current Assets
£17,300,000
Total Current Liabilities
£18,200,000

Company Location