ZELLIS UK LIMITED
Company Information
- Company Number
- 01587537
- Employee Count
- 779
- Turnover
- £113,489,000
- EBITDA
- £40,977,000
Additional Details
- Industries
- Financial Services,Professional Services,Software
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for ZELLIS UK LIMITED to pay invoices has fluctuated over the past three periods. It started at 33 days in May 2017, increased to 39 days in November 2017, and then decreased to 25 days in May 2018. In the most recent period, the average time to pay was 21 days. This suggests that the company has been making efforts towards paying invoices earlier.
Volatility Analysis
ZELLIS UK LIMITED has shown some volatility in their payment patterns. In the first period, the percentage of invoices paid later than 60 days was 12%, but this decreased to 1% in the second period. However, it increased to 2% in the third period and then to 4% in the fourth period. The most recent period had a similar percentage of 3%. This shows that the company's payment terms have not been consistently improving over the past three periods.
Summary Analysis
From May 2017 to October 2021, ZELLIS UK LIMITED has shown improvement in their payment terms. The average time to pay has decreased from 33 days to 18 days. The percentage of invoices paid within 30 days has consistently been above 90%, with the highest being 97% in the third period. The percentage of invoices paid later than 60 days has also decreased from 12% to 3%. However, the company still has room for improvement as the percentage of invoices paid between 31 and 60 days has increased from 2% to 4% in the most recent period.
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 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 23 | 79% | 19% | 2% | 30% |
| 01 May 2024 - 31 Oct 2024 | 09 Dec 2024 | 20 | 82% | 18% | 0% | 22% |
| 01 Nov 2023 - 30 Apr 2024 | 31 May 2024 | 22 | 75% | 24% | 1% | 23% |
| 01 May 2023 - 31 Oct 2023 | 13 Nov 2023 | 21 | 77% | 22% | 1% | 11% |
| 01 Nov 2022 - 30 Apr 2023 | 25 May 2023 | 22 | 71% | 28% | 1% | 10% |
| 01 May 2022 - 31 Oct 2022 | 28 Nov 2022 | 13 | 92% | 0% | 8% | 12% |
| 01 Nov 2011 - 30 Apr 2022 | 30 May 2022 | 22 | 74% | 25% | 1% | 21% |
| 01 May 2021 - 31 Oct 2021 | 09 Nov 2021 | 18 | 93% | 3% | 3% | 26% |
| 01 Nov 2020 - 30 Apr 2021 | 24 May 2021 | 21 | 93% | 4% | 3% | 36% |
| 01 May 2020 - 31 Oct 2020 | 17 Nov 2020 | 29 | 95% | 2% | 3% | 32% |
| 01 Nov 2019 - 30 Apr 2020 | 27 May 2020 | 33 | 92% | 4% | 4% | 33% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 21 | 95% | 4% | 1% | 31% |
| 01 Nov 2018 - 30 Apr 2019 | 22 May 2019 | 30 | 94% | 4% | 2% | 28% |
| 01 May 2018 - 31 Oct 2018 | 27 Nov 2018 | 25 | 97% | 2% | 1% | 19% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 39 | 85% | 12% | 3% | 44% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 33 | 71% | 17% | 12% | 32% |
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
The Zellis UK LTD standard payment period is 60 days from invoice date. Exceptions may exist from immediate to greater than 60 days where vendors and Zellis have prior agreement. There has been no change to the standard payment period in our standard contracts during the reporting period.
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
60
Dispute Resolution Process
The vendors can raise their queries or complaints using any one of the following: • Email the queries/ complaints to accountspayable@zellis.com and the same will be attended within 24 business hours. • Vendors can also reach out to our helpdesk @ 44 (20) 39863038. If the query/complaint requires further investigation the same will be referred to the appropriate department for further action.
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
ZELLIS UK LIMITED is a leading provider of innovative technology solutions for the UK payroll and HR industries. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.
Their sustainability program includes using renewable energy sources, implementing recycling programs, and reducing carbon emissions. ZELLIS also offers a range of eco-friendly products and services to their clients, such as paperless payslips and digital HR solutions.
Key people at ZELLIS UK LIMITED include CEO Tim Palmer, Chief People Officer Sarah-Jane French, and Chief Technology Officer Vicky Roberts. Together, they bring a wealth of experience and expertise to the company.
For more information on ZELLIS UK LIMITED and their products and services, you can visit their website at www.zellis.com. Their registered office address is 2nd Floor, St James Building, 79 Oxford Street, Manchester, M1 6HT, United Kingdom.
