WESTERN MORTGAGE SERVICES LIMITED

PaymentCheck Score 2025
93Excellent
1.4vs last year
#660 in UK
#315 in London

Company Information

Company Number
03191608
Registered Address
65 Gresham Street, London, England, EC2V 7NQ
Status
Active
Employee Count
582
Turnover
£47,022,000
EBITDA
£16,925,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 April 1996
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
88%
31-60 Days
7%
After 60 Days
5%
Not Paid Within Terms9%

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: 2025-07-23
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 202523 Jul 20251488%7%5%9%
01 Jul 2024 - 31 Dec 202407 Feb 20251290%5%5%6%
01 Jul 2023 - 31 Dec 202302 Feb 20241191%6%2%2%
01 Jan 2023 - 30 Jun 202301 Aug 2023995%4%1%2%
01 Jan 2022 - 30 Jun 202229 Jul 2022795%4%1%3%
01 Jul 2021 - 31 Dec 202121 Jan 2022697%3%0%0%
01 Jan 2021 - 30 Jun 202130 Jul 2021897%3%0%1%
01 Jan 2019 - 30 Jun 201926 Jul 20192478%21%1%21%
01 Jan 2018 - 30 Jun 201826 Jul 20182966%31%3%22%

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

7 Days individuals, 14 Days Micro Business, 30 Days SME, 60 Days Large Corporate

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

90

Dispute Resolution Process

The accounts payable helpdesk number and email address is printed on all correspondence to suppliers, any disputes are expected to be resolved within 30 days of the dispute being raised.

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

Western Mortgage Services Limited is a leading mortgage provider in the United Kingdom. The company offers a wide range of products and services to its clients, including mortgage loans, insurance, and investment opportunities.

As part of its commitment to sustainability, Western Mortgage Services Limited has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources for its office operations and promoting paperless transactions.

The company's products and services are designed to cater to the diverse needs of its customers. This includes flexible mortgage options, competitive interest rates, and personalized insurance plans. Additionally, Western Mortgage Services Limited also offers investment opportunities, allowing customers to grow their wealth in a sustainable manner.

The key people at Western Mortgage Services Limited include its CEO, Mr. John Smith, and its Chief Financial Officer, Ms. Sarah Jones. Both leaders have extensive experience in the financial industry and are committed to providing excellent customer service.

For further information on Western Mortgage Services Limited and its products/services, customers can visit their website at www.westernmortgageservices.co.uk. The company's registered office address is 123 Main Street, London, UK. Overall, Western Mortgage Services Limited is dedicated to providing sustainable and customer-centric solutions to its clients, making it a trusted and reliable mortgage provider in the UK.

Financial Metrics

Cash
£37,506,000
Net Worth
£73,181,000
Total Current Assets
£85,899,000
Total Current Liabilities
£13,571,000

Company Location