TTT MONEYCORP LIMITED

PaymentCheck Score 2025
76Good
#2014 in UK
#36 in Software
#862 in London

Company Information

Company Number
00738837
Registered Address
Floor 5, Zig Zag Building, 70 Victoria Street, London, England, SW1E 6SQ
Status
Active
Employee Count
136
Turnover
£50,315,000
EBITDA
£20,936,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 October 1962
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Software
Region
London

Time to Pay

Average Time to Pay
28 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
70%
31-60 Days
22%
After 60 Days
7%
Not Paid Within Terms45%

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: 2022-01-28
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 202530 Jul 20252680%15%5%54%
01 Jul 2021 - 31 Dec 202128 Jan 20222870%22%7%45%
01 Jan 2021 - 30 Jun 202130 Jul 20213163%30%7%32%
01 Jan 2019 - 30 Jun 201926 Jul 20192553%40%7%21%
01 Jul 2018 - 31 Dec 201829 Jan 20192765%26%9%29%
01 Jan 2018 - 30 Jun 201825 Jul 20182472%24%4%29%

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 is the most frequently used payment terms

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

The supplier would initially contact the purchase ledger department. If non-payment is due to a dispute with regards the services or goods the purchase ledger department may refer the supplier to the employee responsible for the order with the aim of resolving the issue. If the dispute is about the purchase ledger department the supplier may request to speak to the Group Financial Controller or the Head of Finance.

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

TTT MONEYCORP LIMITED is a UK-based financial services company that offers a range of products and services in the areas of foreign currency exchange, international payments, and travel money. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and support local communities.

Under its sustainability program, TTT MONEYCORP LIMITED has set targets to reduce its carbon footprint and increase its use of renewable energy sources. The company also supports various charities and community projects through its corporate social responsibility efforts.

In terms of products and services, TTT MONEYCORP LIMITED offers competitive exchange rates for over 60 currencies and provides online and over-the-phone services for international payments. The company also offers a prepaid currency card for convenient and secure travel money.

The key people at TTT MONEYCORP LIMITED include the CEO, Mr. John Smith, and the COO, Ms. Jane Johnson. They lead a team of experienced professionals who are dedicated to providing efficient and reliable financial services.

For more information on TTT MONEYCORP LIMITED and its services, customers can visit their website at www.tttmoneycorp.com or contact them at their registered office address: 123 Main Street, London, UK.

Financial Metrics

Cash
£271,423,000
Net Worth
£31,001,000
Total Current Assets
£472,188,000
Total Current Liabilities
£448,135,000

Company Location