FIS BANKING SOLUTIONS UK LIMITED

PaymentCheck Score 2025
77Good
3.3vs last year
#1978 in UK
#91 in West Midlands

Company Information

Company Number
03517639
Registered Address
1st Floor Tricorn House 51-53 Hagley Road, Edgbaston, Birmingham, West Midlands, B16 8TU
Status
Active
Employee Count
458
Turnover
£151,016,000
EBITDA
-£468,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 February 1998
Nature of Business
63110 - Data processing, hosting and related activities
Industries
Coming Soon
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
80%
31-60 Days
12%
After 60 Days
8%
Not Paid Within Terms30%

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: 2025-07-25
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 202525 Jul 20253680%12%8%30%
01 Jul 2024 - 31 Dec 202424 Feb 20253182%11%7%28%
01 Jul 2023 - 31 Dec 202331 Jan 20243279%13%8%33%
01 Jan 2022 - 30 Jun 202231 Jul 20224169%19%12%47%
01 Jul 2021 - 31 Dec 202119 Jan 20224359%23%17%61%
01 Jan 2021 - 30 Jun 202131 Jul 20213376%16%7%66%

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

30

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

No information available

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

Company Summary

FIS BANKING SOLUTIONS UK LIMITED is a financial technology company that provides a range of solutions to the banking industry. Their main focus is on sustainability, with a commitment to reducing their environmental impact and promoting social responsibility.

Their products and services include payment processing, risk management, and digital banking solutions. They also offer consulting services to help banks improve their operations and customer experience.

The company's sustainability program includes initiatives such as reducing paper usage, promoting remote work to reduce carbon emissions, and partnering with organizations to support local communities. They also have a diversity and inclusion program to foster a more inclusive work culture.

The key people at FIS BANKING SOLUTIONS UK LIMITED include the CEO, Gary Norcross, and the Managing Director, Steve Weller. Both have extensive experience in the financial industry.

Their website address is www.fisglobal.com/uk and their registered office address is 25 Canada Square, London, E14 5LQ, United Kingdom. Overall, FIS BANKING SOLUTIONS UK LIMITED is a leader in the financial technology industry, with a strong focus on sustainability and providing innovative solutions to their clients.

Financial Metrics

Cash
£811,000
Net Worth
£82,664,000
Total Current Assets
£135,862,000
Total Current Liabilities
£137,425,000

Company Location