COMPUTERSHARE MORTGAGE SERVICES LIMITED

Company Information

Company Number
02466320
Registered Address
The Pavilions, Bridgwater Road, Bristol, Avon, BS13 8AE
Status
Active
Employee Count
0.0
Turnover
20583000.0
EBITDA
-2657000.0

Additional Details

Company Type
Private limited Company
Incorporated On
2 February 1990
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
0
Region
South West

Company Location

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Financial Metrics

Cash
£2,863,000.00
Net Worth
£4,704,000.00
Total Current Assets
£11,604,000.00
Total Current Liabilities
£7,284,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

Average Time to Pay
32 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
60%
31-60 Days
31%
After 60 Days
9%
Not Paid Within Terms66%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20243260%31%9%66%
01 Jan 2023 - 30 Jun 202328 Jul 20233665%22%13%36%
01 Jul 2022 - 31 Dec 202230 Jan 20233572%18%10%27%
01 Jan 2022 - 30 Jun 202229 Jul 20224070%22%8%27%
01 Jul 2021 - 31 Dec 202127 Jan 20223765%26%9%30%
01 Jan 2021 - 30 Jun 202127 Jul 20213767%24%9%32%
01 Jul 2020 - 31 Dec 202027 Jan 20213666%25%9%32%
01 Jan 2020 - 30 Jun 202028 Jul 20203869%21%10%33%
01 Jul 2019 - 31 Dec 201931 Jan 20204068%22%10%33%
01 Jan 2019 - 30 Jun 201930 Jul 20195339%41%20%61%
01 Jul 2018 - 31 Dec 201830 Jan 20193768%22%10%34%
01 Jan 2018 - 30 Jun 201830 Jul 20183865%25%10%38%
01 Jul 2017 - 31 Dec 201717 Jan 20183766%21%13%39%

Company Summary

Computershare Mortgage Services Limited is a leading provider of mortgage servicing and technology solutions in the United Kingdom

The company is committed to sustainability and has a strong focus on providing innovative products and services to its clients

The company's sustainability program includes initiatives such as reducing carbon footprint, promoting responsible lending practices, and supporting local communities

They also strive to create a diverse and inclusive workplace and have been recognized for their efforts in this area

Computershare Mortgage Services Limited offers a wide range of products and services, including mortgage administration, loan origination, and technology solutions

They work with major banks, building societies, and other financial institutions to provide efficient and effective mortgage servicing solutions

The key people at Computershare Mortgage Services Limited include CEO Andrew Jones and Managing Director, Alasdair McDonald

Their website address is www.computershare.com/uk and their registered office address is The Pavilions, Bridgwater Road, Bristol, BS13 8AE

In summary, Computershare Mortgage Services Limited is a sustainable and innovative company that provides mortgage servicing and technology solutions to its clients

They have a strong commitment to sustainability and are led by a team of experienced professionals

Company Review

Trend Analysis

The average time taken for COMPUTERSHARE MORTGAGE SERVICES LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period (2023-07-01 to 2023-12-31). However, the percentage of invoices paid within 30 days has consistently remained above 60%, indicating a commitment to timely payments.

Volatility Analysis

The volatility in COMPUTERSHARE MORTGAGE SERVICES LIMITED's payment practices can be seen in the changes in the percentage of invoices paid within 30 days, which has ranged from 65% to 72% over the past three periods. This suggests that the company may need to improve their consistency in paying invoices within the agreed terms.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Computershare Mortgage Services Limited shall pay each valid, correctly submitted and undisputed invoice by the end of the calendar month following the month in which the Supplier issued that invoice.

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

No

Any other information about payment terms

Suppliers are encouraged to work with their Company contact closely to understand the payment procedure and to ensure that the supplier provides complete invoice details to speed up payment practices.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Dispute resolution is handled on a case-by-case basis. The company seeks to resolve disputes as quickly as possible.

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