ALFA FINANCIAL SOFTWARE LIMITED

PaymentCheck Score 2025
95Excellent
1.3vs last year
#515 in UK
#110 in Financial Services
#256 in London

Company Information

Company Number
02482325
Registered Address
Moor Place, 1 Fore Street Avenue, London, United Kingdom, EC2Y 9DT
Status
Active
Employee Count
324
Turnover
£93,300,000
EBITDA
£33,800,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 March 1990
Nature of Business
62020 - Information technology consultancy activities
Industries
Financial Services,Information Technology,Telecommunications And Data,Professional Services,Software
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
91%
31-60 Days
7%
After 60 Days
2%
Not Paid Within Terms0%

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: 2025-07-28
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 202528 Jul 20251991%7%2%0%
01 Jul 2024 - 31 Dec 202428 Jan 20251593%6%1%13%
01 Jan 2024 - 30 Jun 202425 Jul 20241890%10%0%13%
01 Jan 2023 - 30 Jun 202325 Jul 20231691%7%2%18%
01 Jul 2022 - 31 Dec 202230 Jan 20232378%19%3%25%
01 Jul 2021 - 31 Dec 202128 Jan 20222382%17%2%25%
01 Jan 2021 - 30 Jun 202128 Jul 20212188%11%1%21%
01 Jan 2019 - 30 Jun 201930 Jul 20192384%14%2%31%
01 Jul 2018 - 31 Dec 201818 Jan 20193361%29%11%46%
01 Jan 2018 - 30 Jun 201827 Jul 20182863%36%1%47%

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

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

Disputes are managed in a timely-manner by the internal clients of the suppliers with the support of the accounting team.

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

ALFA FINANCIAL SOFTWARE LIMITED is a leading software company based in London, United Kingdom. Established in 1990, the company specializes in providing software solutions for the financial industry.

The company offers a wide range of products and services, including software for asset and wealth management, risk management, and leasing and lending. Their products are designed to help financial institutions streamline their operations, improve efficiency, and reduce costs.

In addition to their focus on providing innovative software solutions, ALFA FINANCIAL SOFTWARE LIMITED is committed to sustainability. They have implemented various measures to reduce their carbon footprint, including using renewable energy sources and promoting eco-friendly practices within their workplace.

The key people at ALFA FINANCIAL SOFTWARE LIMITED include Andrew Denton, the CEO, and Tom Scales, the Chief Operating Officer. Both have extensive experience in the financial and technology industries, bringing a wealth of knowledge and expertise to the company.

For more information on their products and services, interested parties can visit the company's website at www.alfasystems.com. The registered office address for ALFA FINANCIAL SOFTWARE LIMITED is 1 London Bridge Street, London, SE1 9BG, United Kingdom. Overall, ALFA FINANCIAL SOFTWARE LIMITED is a reputable and sustainable company that continues to provide top-notch software solutions to the financial industry.

Financial Metrics

Cash
£13,000,000
Net Worth
£13,300,000
Total Current Assets
£33,900,000
Total Current Liabilities
£21,000,000

Company Location