PAYPOINT COLLECTIONS LIMITED
Company Information
- Company Number
- 03581551
- Registered Address
- 1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire, AL7 1EL
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1998
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
PAYPOINT COLLECTIONS LIMITED exhibits an exceptionally strong and consistent payment trend, with an average payment time of just 13 days. All payments are completed well within 30 days, demonstrating a highly efficient and stable payment trajectory without any signs of deviation or slowdown over time.
Volatility Analysis
The company's payment behavior shows zero volatility, as evidenced by 100% of payments occurring within 30 days and a complete absence of late payments. This indicates extremely high reliability and predictability in their payment cycle, presenting a negligible payment risk for suppliers.
Summary Analysis
Overall, PAYPOINT COLLECTIONS LIMITED possesses an outstanding payment profile, making them a highly dependable partner for suppliers. Key decision factors should include offering favorable credit terms, as their rapid and reliable payments significantly reduce financial exposure. No specific payment risk mitigation strategies are necessary given their consistently excellent on-time performance.
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 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 13 | 100% | 0% | 0% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 24 | 94% | 6% | 0% | 5% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 18 | 91% | 9% | 0% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 17 | 96% | 4% | 0% | 4% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 22 | 94% | 6% | 0% | 6% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 19 | 97% | 3% | 0% | 3% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 18 | 90% | 10% | 0% | 10% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 23 | 79% | 21% | 0% | 19% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 42 | 48% | 32% | 21% | 52% |
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 days from the invoice date
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
30
Dispute Resolution Process
Once the dispute type is identified (Quality, Price, Administrative, Missing goods or Double billing), the Supplier shall be contacted along with the relevant staff member who raised the Purchase Order for resolution. It is our intent for the dispute to be fully resolved within 10 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
PAYPOINT COLLECTIONS LIMITED is an active private limited company operating in the UK. Its name indicates its specialisation in payment collection services.
The company was incorporated on 15 June 1998 and holds company number 03581551. Its registered office is located at 1 The Boulevard, Shire Park, Welwyn Garden City, Hertfordshire, AL7 1EL, placing its operational base in the East of England.
Companies specialising in payment collections typically offer a range of services designed to streamline financial transactions. These commonly include processing payments, managing customer accounts, and facilitating the collection of funds on behalf of other businesses or organisations.
