EUROCHANGE LIMITED
Company Information
- Company Number
- 02519424
- Registered Address
- Essex House Meadway Corporate Centre, Rutherford Close, Stevenage, United Kingdom, SG1 2EF
- Status
- Active
- Employee Count
- 486
- Turnover
- £28,824,000
- EBITDA
- £9,123,000
Additional Details
- Website
- https://eurochange.com.mt/
- Company Type
- Private limited Company
- Incorporated On
- 6 July 1990
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Financial Services,Software
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 Jul 2024 - 31 Dec 2024 | 17 Mar 2025 | 9 | 100% | 0% | 0% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 17 Mar 2025 | 12 | 100% | 0% | 0% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 15 | 100% | 0% | 0% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 17 | 100% | 0% | 0% | 10% |
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 standard payment terms are 30 days after invoice date. During the reporting period this applied to 40% of invoices paid.
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
Disputes are resolved through discussion and the investigation and presentation of relevant evidence. If this process failed to resolve a dispute the business would be prepared to submit to the decision of an agreed independent arbitrator, but this has not occurred during the Reporting Period.
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
EUROCHANGE LIMITED is a UK-based foreign currency exchange company with a strong commitment to sustainability. They offer a range of products and services, including currency exchange, money transfers, and travel insurance.
The company was founded in 1975 and is currently led by Managing Director Giles Custerson. They have over 180 branches across the UK, with their registered office located in Stevenage.
One of the key focuses of EUROCHANGE LIMITED is their sustainability program, which aims to reduce their environmental impact and promote responsible business practices. They have implemented initiatives such as using energy-efficient equipment, reducing paper usage, and promoting recycling.
In terms of their products and services, EUROCHANGE LIMITED offers competitive exchange rates for over 70 currencies, making it a convenient and reliable option for travellers. They also provide money transfer services for individuals and businesses, with options for both online and in-branch transactions. Additionally, they offer travel insurance policies to ensure customers are protected during their travels.
EUROCHANGE LIMITED has a team of experienced and knowledgeable staff who are dedicated to providing excellent customer service. They also have a user-friendly website where customers can easily access information and make transactions.
In conclusion, EUROCHANGE LIMITED is a reputable foreign currency exchange company in the UK, known for its sustainability efforts, diverse range of products and services, and a team of skilled professionals. Their commitment to sustainability and customer satisfaction makes them a reliable choice for all currency exchange needs. For more information, visit their website at www.eurochange.co.uk.
