PAYPOINT RETAIL SOLUTIONS LIMITED
Company Information
- Company Number
- 04476269
- 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
- 3 July 2002
- 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 RETAIL SOLUTIONS LIMITED exhibits a highly favorable payment trend, consistently settling invoices within an average of 17 days. A significant 96% of payments are completed within 30 days, demonstrating a strong trajectory towards prompt financial obligations and efficient cash flow management.
Volatility Analysis
The company demonstrates high reliability and predictability in its payment behavior, with a vast majority of invoices settled well within standard terms. Only a minor 4% of payments extend into the 31-60 day range, and critically, zero payments exceed 60 days, indicating extremely low volatility and minimal extended payment risk.
Summary Analysis
Overall, PAYPOINT RETAIL SOLUTIONS LIMITED presents a highly favorable payment profile for suppliers, characterized by rapid average payment times and strong compliance with terms. Suppliers can proceed with confidence, anticipating timely settlements with a very low probability of significant delays, making standard credit terms appropriate without specific risk mitigation beyond routine monitoring.
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 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 17 | 96% | 4% | 0% | 4% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 17 | 98% | 2% | 0% | 8% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 31 | 63% | 24% | 13% | 36% |
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
n/a
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 RETAIL SOLUTIONS LIMITED is an active private limited company focused on providing retail solutions. Its name indicates a specialisation in services or products designed to support retail businesses, likely encompassing various operational or customer-facing aspects.
The company was incorporated on 3 July 2002 and operates under company number 04476269. Its registered office is located at 1 The Boulevard Shire Park, Welwyn Garden City, Hertfordshire, AL7 1EL, placing its operational base within the East of England.
Companies offering retail solutions in the UK market typically provide a range of services and technologies to enhance retail operations. These often include point-of-sale (POS) systems, payment processing solutions, inventory management software, customer loyalty programmes, and digital tools designed to streamline sales and customer interactions within a retail environment.
