WESLEYAN FINANCIAL SERVICES LIMITED

PaymentCheck Score 2025
78Good
9.5vs last year
#1873 in UK
#257 in Financial Services
#81 in West Midlands

Company Information

Company Number
01651212
Registered Address
Colmore Circus, Birmingham, B4 6AR
Status
Active
Employee Count
464
Turnover
£40,514,000
EBITDA
-£24,278,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 July 1982
Nature of Business
65110 - Life insurance
Industries
Financial Services
Region
West Midlands

Time to Pay

Average Time to Pay
38 days
Shortest Period:0 days
Longest Period:7 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
70%
31-60 Days
17%
After 60 Days
13%
Not Paid Within Terms30%

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: 2025-01-28
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 202517 Jul 20253377%15%8%23%
01 Jan 2024 - 30 Jun 202422 Jul 20244268%19%13%32%
01 Jan 2023 - 31 Dec 202310 Jan 20245661%18%21%39%
01 Jan 2023 - 30 Jun 202310 Aug 20235357%23%20%43%
01 Jan 2022 - 31 Dec 202223 Jan 20234368%14%18%32%
01 Jan 2021 - 31 Dec 202117 Jan 20223959%23%18%41%
01 Jan 2021 - 30 Jun 202104 Oct 20212660%14%26%40%
01 Jan 2019 - 30 Jun 201929 Jul 20191785%13%2%15%
01 Jul 2018 - 31 Dec 201825 Jan 20193362%18%20%38%
01 Jan 2018 - 30 Jun 201827 Jul 20183862%18%20%38%

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

Standard payment terms are from the date of the invoice to payment of invoice. For example on 30 day terms if an invoice is dated 25 November then payment due is 24 December

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Invoices are matched to pre arranged orders. Any invoices outside tolerance levels are then referred to the purchaser to liaise with the company (supplier) providing the goods or services to resolve their differences

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

WESLEYAN FINANCIAL SERVICES LIMITED is a British company that offers a wide range of financial services to its customers. Established in 1841, the company has a long history of providing reliable and trustworthy financial solutions to its clients.

The company's main focus is on providing financial planning and wealth management services to individuals and businesses. This includes pension planning, investment management, and insurance services. They also offer mortgage advice and personal and business loans.

WESLEYAN FINANCIAL SERVICES LIMITED places great emphasis on sustainability and has a dedicated sustainability program in place. The company is committed to reducing its environmental impact and promoting sustainable practices in its operations. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and promoting paperless operations.

The company's team is led by a group of experienced and highly qualified individuals, including the CEO, Tony Pickering, and the Chairman, Bryan Jackson. They are supported by a team of financial experts who are dedicated to providing excellent customer service and helping clients achieve their financial goals.

For those interested in their services, WESLEYAN FINANCIAL SERVICES LIMITED can be contacted through their website or by visiting their registered office at Colmore Circus, Birmingham, B4 6AR. Their website, www.wesleyan.co.uk, also provides detailed information about their products and services, as well as helpful resources and tools for financial planning. Overall, WESLEYAN FINANCIAL SERVICES LIMITED is a reputable and reliable company that is committed to providing sustainable financial solutions to its clients.

Financial Metrics

Cash
£26,475,000
Net Worth
£11,916,000
Total Current Assets
£29,613,000
Total Current Liabilities
£20,484,000

Company Location