MONEYGRAM INTERNATIONAL LIMITED

Company Information

Company Number
03287157
Registered Address
Third Floor, 30 Churchill Place, Canary Wharf, London, United Kingdom, E14 5RE
Status
Active
Employee Count
23
Turnover
£18,302,000
EBITDA
£1,272,000

Additional Details

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

Time to Pay

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

Payment Timeline

Within 30 Days
74%
31-60 Days
25%
After 60 Days
1%
Not Paid Within Terms41%

Payment Features

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

Invoice Payment Practices

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

Payment Terms

Standard payment terms

Current standard payment terms are net 45 or 60 for new suppliers unless contracted terms are less.

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 from vendors are communicated to Procure to Pay department with a goal of responding within three business days.

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

MONEYGRAM INTERNATIONAL LIMITED is a global financial services company that specializes in money transfer and payment solutions. Founded in 1940, the company has its headquarters in Dallas, Texas, but operates in over 200 countries and territories worldwide.

The core activity of MONEYGRAM INTERNATIONAL LIMITED is providing money transfer services, allowing customers to send and receive money quickly and securely across borders. They offer various options for sending and receiving funds, including online transfers, mobile transfers, and cash pick-up at agent locations. The company also offers bill payment services, allowing customers to pay their bills remotely.

One of the key focuses of MONEYGRAM INTERNATIONAL LIMITED is sustainability. They have implemented various initiatives to reduce their environmental impact, such as using renewable energy sources in their operations and promoting paperless transactions. The company also partners with non-profit organizations to support community development projects and disaster relief efforts.

Some of the key people at MONEYGRAM INTERNATIONAL LIMITED include W. Alexander Holmes, the Chairman and CEO, and Kamila Chytil, the Chief Operating Officer. The company's registered office address is at 1550 Utica Avenue South, Suite 100, Minneapolis, Minnesota, 55416, USA.

Overall, MONEYGRAM INTERNATIONAL LIMITED is a leading global financial services company that offers convenient and secure money transfer and payment solutions. With a focus on sustainability and a wide range of services, they continue to be a trusted choice for individuals and businesses worldwide. For more information, visit their website at www.moneygram.com.

Financial Metrics

Cash
£32,172,000
Net Worth
£28,302,000
Total Current Assets
£59,946,000
Total Current Liabilities
£31,978,000

Company Location