XCHANGING GLOBAL INSURANCE SOLUTIONS LIMITED
Company Information
- Company Number
- 00508212
- Registered Address
- 110 Pinehurst Road, Farnborough Business Park, Farnborough, Hampshire, England, GU14 7BF
- Status
- Active
- Employee Count
- 212
- Turnover
- £74,193,000
- EBITDA
- -£9,469,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 May 1952
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- Financial Services
- Region
- South East
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 Apr 2024 - 30 Sept 2024 | 23 Oct 2024 | 31 | 59% | 36% | 5% | 49% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 30 | 63% | 30% | 7% | 58% |
| 01 Apr 2023 - 30 Sept 2023 | 17 Oct 2023 | 30 | 63% | 34% | 3% | 45% |
| 01 Oct 2022 - 31 Mar 2023 | 14 Apr 2023 | 29 | 68% | 29% | 3% | 42% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 25 | 77% | 19% | 4% | 38% |
| 01 Oct 2021 - 31 Mar 2022 | 06 May 2022 | 25 | 74% | 24% | 2% | 50% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 27 | 70% | 27% | 4% | 55% |
| 01 Oct 2020 - 31 Mar 2021 | 27 May 2021 | 30 | 64% | 27% | 9% | 73% |
| 01 Apr 2020 - 30 Sept 2020 | 10 Dec 2020 | 20 | 82% | 14% | 4% | 7% |
| 01 Oct 2019 - 31 Mar 2020 | 28 May 2020 | 40 | 85% | 13% | 2% | 2% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 38 | 39% | 45% | 16% | 32% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 22 | 70% | 27% | 3% | 19% |
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
Payment terms are negotiated, as required, based on the nature of the services provided. In public sector our standard terms do not exceed 30 days. Our general standard terms are 60 days and for relationships with very large suppliers, where balance of trade is involved, terms can be as high as 90 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
DXC applied 30 days standard terms to all SME suppliers, regardless of whether those suppliers are servicing public sector clients.
Maximum contractual payment period agreed
120
Dispute Resolution Process
https://dxc.com/content/dam/dxc/projects/dxc-com/us/pdfs/contact-us/po-terms-and-conditions/DXC-LLC-POTAC-UK.pdf
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
XCHANGING GLOBAL INSURANCE SOLUTIONS LIMITED is an active private limited company focused on providing global insurance solutions. Its operations involve offering specialised services within the insurance sector.
The company was incorporated on 23 May 1952, holding company number 00508212. Its registered office is located at 110 Pinehurst Road, Farnborough Business Park, Farnborough, Hampshire, England, GU14 7BF, situated in the South East of England.
Companies providing global insurance solutions typically specialise in services such as insurance claims processing, policy administration, underwriting support, and broader business process outsourcing for the insurance industry. They also offer technology platforms and consulting services tailored for efficient insurance operations in the UK market.
