XEROX FINANCE LIMITED
Company Details
Registration Number
00330755
Registered Address
Building 4 Uxbridge Business Park Sanderson Road Uxbridge Middlesex England UB8 1DH
Company Status
Active
Employee Count
0
Turnover
£27,850,000
EBITDA
£21,133,000
Additional Information
Website
xerox.co.ukCompany Type
Private limited Company
Incorporated on
16 August 1937
Nature of Business (SIC)
77330 - Renting and leasing of office machinery and equipment (including computers)
Industries
0
Region
South EastCompany Location
Financial Overview
£0
£188,767,000
Last Reporting Period
Filed
19 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
2 days
Payment Periods
Shortest
1 days
Longest
30 days
Max Contractual
30 days
Payment Timeline
Not Paid Within Terms
0%
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 1 | 100% | 0% | 0% | 0% |
| 01 Jun 2022 - 31 Dec 2022 | 30 Jan 2023 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 2 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Jul 2021 | 2 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 2 | 100% | 0% | 0% | 0% |
| 01 Jun 2020 - 30 Jun 2020 | 24 Jul 2020 | 2 | 99% | 1% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 2 | 99% | 1% | 0% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 2 | 100% | 0% | 0% | 0% |
Company Summary
XEROX FINANCE LIMITED is a leading global provider of document management and printing solutions
They offer a wide range of products and services to support the needs of businesses of all sizes
The company's sustainability program, known as "XEROX ECO BOX", focuses on reducing their environmental impact by promoting eco-friendly practices and products
They have implemented initiatives such as energy-efficient technologies, recycling programs, and sustainable sourcing of materials
This program has earned them several awards and recognition for their commitment to sustainability
XEROX FINANCE LIMITED offers a variety of products and services, including printers, copiers, scanners, and document management software
They also provide consulting services to help businesses improve their document management processes and reduce costs
The company's key people include John Visentin, the Chairman and CEO, and Naresh Shanker, the Chief Technology Officer
They have a team of experienced professionals who are dedicated to delivering high-quality solutions to their customers
The registered office address for XEROX FINANCE LIMITED is 1 Hockley Court, Hamilton Office Park, Hamilton, Leicester, LE4 9FU, United Kingdom
Their website address is www.xerox.co.uk, where customers can find more information about their products, services, and sustainability efforts
In summary, XEROX FINANCE LIMITED is a global leader in document management and printing solutions with a strong focus on sustainability
They offer a wide range of products and services, led by a team of experienced professionals, and are committed to reducing their environmental impact
Their dedication to sustainability and high-quality solutions sets them apart in the industry
Company Review
Trend Analysis
The average time taken for XEROX FINANCE LIMITED to pay invoices has remained consistent at 2 days since 2018. The percentage of invoices paid within 30 days has also consistently remained at 100%.
Volatility Analysis
There has been very little volatility in the time taken for XEROX FINANCE LIMITED to pay invoices over the past three years. The average time has remained at 2 days, with no major changes in the percentage of invoices paid within 30 days.
Summary Analysis
XEROX FINANCE LIMITED has consistently maintained a low average time of 2 days to pay invoices and has consistently paid 100% of invoices within 30 days. There has been no significant change in these figures over the past three years.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Invoices are due for payment within 30 days of the date of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
At Xerox, we aim to resolve disputes or queries regarding invoices and payment as quickly as possible. Should a supplier have an invoice query they can contact The Xerox Finance operational team to support their query. Xerox Finance target time for the resolution of queries concerning the supplier’s account in 2 Working Days from receipt by the relevant Xerox Finance team.
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.
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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.
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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.
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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?
❌
