COMPUTERSHARE INVESTOR SERVICES PLC

Company Information

Company Number
03498808
Registered Address
The Pavilions, Bridgwater Road, Bristol, BS13 8AE
Status
Active
Employee Count
1589.0
Turnover
215043000.0
EBITDA
46623000.0

Additional Details

Company Type
Public limited Company
Incorporated On
20 January 1998
Nature of Business
66190 - Activities auxiliary to financial intermediation not elsewhere classified
Industries
Financial Services
Region
South West

Company Location

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Financial Metrics

Cash
£55,537,000.00
Net Worth
£128,451,000.00
Total Current Assets
£171,374,000.00
Total Current Liabilities
£43,103,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

Average Time to Pay
38 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
60%
31-60 Days
24%
After 60 Days
16%
Not Paid Within Terms58%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20243860%24%16%58%
01 Jan 2023 - 30 Jun 202328 Jul 20234464%21%15%43%
01 Jul 2022 - 31 Dec 202230 Jan 20234466%18%16%42%
01 Jan 2022 - 30 Jun 202229 Jul 20223771%17%12%39%
01 Jul 2021 - 31 Dec 202127 Jan 20223573%16%11%29%
01 Jan 2021 - 30 Jun 202127 Jul 20214073%15%12%29%
01 Jul 2020 - 31 Dec 202027 Jan 20213973%15%12%31%
01 Jan 2020 - 30 Jun 202028 Jul 20204067%19%14%37%
01 Jul 2019 - 31 Dec 201931 Jan 20203968%19%13%36%
01 Jul 2019 - 31 Dec 201931 Jan 2020
01 Jan 2019 - 30 Jun 201930 Jul 20196623%40%37%79%
01 Jul 2018 - 31 Dec 201830 Jan 20194459%23%18%43%
01 Jan 2018 - 30 Jun 201830 Jul 20183961%27%12%42%
01 Jul 2017 - 31 Dec 201717 Jan 20183472%18%10%32%

Company Summary

Computershare Investor Services PLC is a leading global provider of technology-driven solutions for the financial services industry

Their services include share registration, employee equity plans, proxy solicitation, investor communication, and corporate trust services

The company's sustainability program focuses on reducing their environmental impact, promoting diversity and inclusion, and supporting their local communities

They have implemented various initiatives such as reducing paper usage, encouraging recycling, and providing employees with flexible work options

Computershare Investor Services PLC offers a wide range of products and services to their clients, including share registration services for companies listed on the London Stock Exchange, employee share plan administration, and corporate governance solutions

They also provide digital solutions for shareholder communication and engagement

The key people at Computershare Investor Services PLC include CEO Stuart Irving, CFO Mark Davis, and Chairman Chris Morris

They also have a dedicated team of professionals who are committed to delivering excellent customer service and driving innovation

The company's website address is www.computershare.com and their registered office address is The Pavilions, Bridgwater Road, Bristol, BS13 8AE, United Kingdom

They also have offices in various locations around the world, including the United States, Australia, and Canada

In summary, Computershare Investor Services PLC is a leading global provider of technology-driven solutions for the financial services industry, with a strong focus on sustainability and customer service

Their diverse range of products and services make them a trusted partner for businesses and investors around the world

Company Review

Trend Analysis

The average time taken by COMPUTERSHARE INVESTOR SERVICES PLC to pay invoices has been steadily increasing since 2017, with the highest average time of 66 days in 2019. However, there has been a slight improvement in the last two periods, with the average time decreasing to 35 days as of July 2021.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively stable, ranging from 61% to 73% over the past 3 periods. However, there has been more variability in the percentage of invoices paid later than 60 days, with a high of 37% in 2019 and a low of 11% in 2021.

Summary Analysis

From the data, we can see that COMPUTERSHARE INVESTOR SERVICES PLC has been consistently paying the majority of their invoices within 30 days, with an average of 65% over the past 3 periods. However, there has been a slight increase in the percentage of invoices paid later than 60 days, with an average of 15% over the same period.

Invoice Payment Practices

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

Payment Terms

Standard payment terms

Computershare Investor Services PLC shall pay each valid, correctly submitted and undisputed invoice by the end of the calendar month following the month in which the Supplier issued that invoice.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

Suppliers are encouraged to work with their Company contact closely to understand the payment procedure and to ensure that the supplier provides complete invoice details to speed up payment practices.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Dispute resolution is handled on a case-by-case basis. The company seeks to resolve disputes as quickly as possible.

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