NCR FINANCIAL SOLUTIONS GROUP LIMITED
Company Information
- Company Number
- 00414844
- Registered Address
- 9th Floor 5 Merchant Square, London, England, W2 1BQ
- Status
- Active
- Employee Count
- 537
- Turnover
- £58,268,000
- EBITDA
- £15,631,000
Additional Details
- Website
- https://ncr.com
- Company Type
- Private limited Company
- Incorporated On
- 11 July 1946
- Nature of Business
- 71121 - Engineering design activities for industrial process and production
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2021 - 31 Dec 2021 | 21 Mar 2022 | 60 | 27% | 19% | 54% | 65% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 59 | 25% | 18% | 57% | 57% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 59 | 25% | 18% | 57% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Feb 2021 | 52 | 32% | 24% | 44% | 59% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Mar 2019 | 41 | 34% | 53% | 12% | 56% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 41 | 33% | 57% | 9% | 61% |
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
60 days after receipt of a correct invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
90
Dispute Resolution Process
NCR has a dedicated Accounts Payable Help Desk which suppliers can contact by phone and email with any invoice queries. If the Help Desk is not able to resolve an issue it escalates to the relevant NCR buyer who works with accounts payable and the supplier to resolve the issue, escalating within NCR’s Supply Chain Management organisation as appropriate.
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
NCR Financial Solutions Group Limited is a financial services company based in the United Kingdom. The company offers a wide range of solutions for financial institutions, retailers, and other businesses. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes reducing energy consumption, promoting recycling and waste reduction, and using sustainable materials in their products. They have also implemented a paperless workplace and encourage their customers to do the same.
NCR Financial Solutions Group Limited offers a variety of products and services for their clients. These include ATM and self-service kiosk solutions, point-of-sale systems, and digital banking solutions. They also provide consulting services to help businesses improve their financial processes and operations.
The company is led by a team of experienced and knowledgeable individuals. The key people at NCR Financial Solutions Group Limited include Mark Benjamin (President and CEO), Owen Sullivan (Executive Vice President and COO), and Frank Martire (Chairman).
For more information on NCR Financial Solutions Group Limited and their services, interested parties can visit their website at www.ncr.com. Their registered office address is NCR House, 6-8 Almondvale Business Park, Livingston, EH54 6GA, United Kingdom.
