WORLDPAY LIMITED
Company Information
- Company Number
- 03424752
- Registered Address
- The Walbrook Building, 25 Walbrook, London, EC4N 8AF
- Status
- Active
- Employee Count
- 2.0
- Turnover
- 122549000.0
- EBITDA
- 41384000.0
Additional Details
- Website
- https://www.worldpay.com/uk
- Company Type
- Private limited Company
- Incorporated On
- 26 August 1997
- Nature of Business
- 66190 - Activities auxiliary to financial intermediation not elsewhere classified$82990 - Other business support service activities not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 14 | 96% | 2% | 2% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 18 | 95% | 2% | 3% | 37% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 16 | 95% | 3% | 2% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 31 Jul 2022 | 21 | 85% | 10% | 5% | 62% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 42 | 46% | 26% | 27% | 74% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 34 | 67% | 28% | 5% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 7 | 97% | 0% | 3% | 82% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 47 | 55% | 13% | 32% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 23 | 56% | 0% | 44% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 59 | 41% | 33% | 26% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 13% | 61% | 26% | 85% |
Company Summary
WORLDPAY LIMITED is a financial technology company that specializes in payment processing and risk management solutions
The company was founded in 1989 and is headquartered in London, United Kingdom
The main activities of WORLDPAY LIMITED include providing secure and efficient payment processing services for businesses of all sizes
They offer a range of payment options, including credit and debit cards, online payments, and point-of-sale transactions
Their services also include fraud prevention and risk management solutions to protect businesses from financial loss
In terms of sustainability, WORLDPAY LIMITED is committed to reducing their environmental impact and promoting sustainable practices
They have implemented various initiatives such as reducing paper usage and promoting energy efficiency in their operations
They also work with their clients to develop sustainable payment solutions that help reduce their carbon footprint
The company's key people include Chairman Ron Kalifa and CEO Philip Jansen
They lead a team of experienced professionals in the financial technology industry
To contact WORLDPAY LIMITED, their website is www.worldpay.com and their registered office address is The Walbrook Building, 25 Walbrook, London, EC4N 8AF, United Kingdom
They also have regional offices in North America, Asia, and Europe, making them a global leader in payment processing services
Company Review
Trend Analysis
The average time taken by WORLDPAY LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with the highest average time of 59 days in the period of Jul 2018 - Dec 2018 and the lowest average time of 14 days in the period of Jul 2023 - Dec 2023. However, there has been an overall decrease in the average time taken to pay invoices, with a 57% decrease from the first period to the last period.
Volatility Analysis
The volatility of the % Invoices paid within 30 days has decreased over the past three periods, with the lowest volatility of 1% in the period of Jul 2022 - Dec 2022. The volatility of the % Invoices paid between 31 and 60 days has also decreased, with the lowest volatility of 4% in the period of Jul 2023 - Dec 2023. However, the volatility of the % Invoices paid later than 60 days has been relatively steady over the three periods, with the highest volatility of 7% in the period of Jul 2019 - Dec 2019.
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
Any other information about payment terms
N/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
N/a
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
