SERCO LIMITED

PaymentCheck Score 2025
93Excellent
0.9vs last year
#656 in UK
#25 in Travel And Transportation
#105 in South East

Company Information

Company Number
00242246
Registered Address
Serco House, 16 Bartley Wood Business Park, Bartley Way Hook, Hampshire, RG27 9UY
Status
Active
Employee Count
46,205
Turnover
£4,873,800,000
EBITDA
£454,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 September 1929
Nature of Business
70100 - Activities of head offices
70229 - Management consultancy activities other than financial management
72190 - Other research and experimental development on natural sciences and engineering
84110 - General public administration activities
Industries
Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
22 days
Shortest Period:21 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
94%
31-60 Days
4%
After 60 Days
2%
Not Paid Within Terms8%

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: 2025-07-18
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 202518 Jul 20252294%4%2%8%
01 Jan 2024 - 30 Jun 202425 Jul 20242494%3%3%8%
01 Jul 2023 - 31 Dec 202325 Jan 20242796%3%1%9%
01 Jan 2023 - 30 Jun 202327 Jul 20233093%4%3%9%
01 Jul 2022 - 31 Dec 202220 Jan 20233789%6%5%13%
01 Jan 2022 - 30 Jun 202228 Jul 20223585%9%6%17%
01 Jul 2020 - 31 Dec 202013 Jan 20213390%7%3%11%
01 Jan 2020 - 30 Jun 202029 Jul 20203687%9%4%12%
01 Jan 2019 - 30 Jun 201930 Jul 20193387%9%4%12%
01 Jan 2018 - 30 Jun 201827 Jul 20183284%12%4%18%

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

30 days from receipt of invoice or 21 days from receipt of invoices for SME’s

Were there any changes to the standard payment terms in the reporting period?

Yes, Introduction of new payment terms for Small and Medium Businesses in April 2025

Any other information about payment terms

Invoices Paid – SMEs % invoices paid within 30 days - 93% % invoices paid in 31 to 60 days - 6% % of Invoices paid in 61 days or more - 1%

Maximum contractual payment period agreed

60

Dispute Resolution Process

Suppliers can contact the Accounts Payable team regarding payment queries at 0345 010 4000 [option 6] or contact the Serco requisitioner, information is included on the Purchase Orders.

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

SERCO LIMITED is a leading international service company that specializes in providing essential public services and managing complex assets for both the public and private sectors. The company operates in over 30 countries and has a diverse portfolio of services including transportation, healthcare, defense, and citizen services.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. They have set ambitious targets to reduce their carbon emissions and have invested in renewable energy sources such as solar panels and wind turbines. SERCO also works closely with its suppliers to ensure sustainable practices throughout the supply chain.

SERCO offers a wide range of products and services, including managing transport systems, operating hospitals and prisons, and providing IT solutions for government agencies. They also offer citizen services such as managing call centers and processing visa applications.

The company is led by a team of experienced professionals, including CEO Rupert Soames, who has been with SERCO since 2014. The company's registered office is located in Hook, Hampshire, and they can be contacted via their website, www.serco.com.

SERCO's commitment to sustainability and its wide range of essential services make it a key player in the international service industry. With a strong leadership team and a global presence, the company continues to strive towards its goal of providing high-quality services while minimizing its environmental impact.

Financial Metrics

Cash
£0
Net Worth
£349,800,000
Total Current Assets
£510,200,000
Total Current Liabilities
£445,400,000

Company Location