Capgemini UK Plc Over 4 Years Late Paying their Bills

WOKING, U.K. - EntSun -- Big businesses that continually fail to pay their suppliers on time have been named and shamed by the UK government for the first time in 2017. Under the rules introduced in April 2017, all large UK companies are required to publish specific information regarding their payment policies, practices and performance — including the average time taken to pay supplier invoices — twice yearly.

Using this report, Majury Change Management were able to show that Capgemini has paid between 16–25% of invoices late, with a maximum payment term of 90 days. Further research by Majury Change Management indicates that Capgemini UK Plc has not paid a CCJ (County Court Judgment) that was issued against them in May 2016, and as of early May 2020 was still sitting as unsatisfied (not paid). Capgemini UK Plc has a second unpaid CCJ that was issued against them in April 2020. Unless other arrangements have been made CCJs should ordinarily be paid within 21 days.

More on EntSun News

• New Article Reveals Common Pricing Pitfalls in Flooring Projects — And How to Avoid Them
• Airbus Defence and Space and Omnitronics Sign MoU to Advance Interoperability in Critical Communications
• The Popes Of Farragut Street By Melanie Maria Goodreaux Premieres At Theater For The New City
• Meet the Game Changer: Canadian Streaming Platform Set to Transform Indie Entertainment Worldwide
• Author Laura J. Axelrod Joins Greg Richter to Co-Host Syncopator Familias

Unfortunately Capgemini's failure to pay what they owe on time, causes severe additional administrative and financial burdens faced by thousands of small and medium sized business due to late payments. The nation's modest sized enterprises are currently owed £26billion in overdue payments (in 2017), according to research by payments processing company Bacs.

Alastair Majury Chartered MCSI, a Director of Majury Change Management said:
"The small business community is growing increasingly frustrated by the poor payment culture and supply chain bullying that is rife in the UK.

This is not just a commercial problem that needs to be resolved, it is also an ethical one where small firms are being put at risk, or even out of business, by bigger firms taking advantage.

A firm like Capgemini SE with a turnover of €1.43 billion in 2019, should be ashamed of themselves for not paying all of their invoices and CCJs on time."

More on EntSun News

• White Glove Restoration Sends "Help in Boxes" to Support Communities in Ghana
• NASA Agreements, New Ocean Exploration Applications Added to Partnerships with Defiant Space Corp and Emtel Energy USA for Solar Tech Leader: $ASTI
• Brightwater Lagoon to host Monster Mash Dance Party Oct. 24
• Chic and Secure: The Blue Luna Debuts Stylish Keychains with Purpose
• BEC Technologies Showcases Leadership in Private Broadband Ecosystem with Inclusion in UTC's Ecosystem Summary Report

Notes to Editors:
More information on CCJs here: https://medium.com/@majury1981/capgemini-ccjs-does-not-pay-what-they-owe-as-per-court-decisions-b91050b41fe1
More information on Majury Change Management Ltd available here: https://www.majurychangemanagement.com/as-featured-in