PEARSON SHARED SERVICES LIMITED
Company Information
- Company Number
- 04623186
- Registered Address
- 80 Strand, London, WC2R 0RL
- Status
- Active
- Employee Count
- 150
- Turnover
- £90,437,000
- EBITDA
- £27,288,000
Additional Details
- Website
- https://pearson.com
- Company Type
- Private limited Company
- Incorporated On
- 20 December 2002
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 37 | 70% | 13% | 17% | 32% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 34 | 78% | 16% | 6% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 43 | 62% | 24% | 14% | 36% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 34 | 71% | 24% | 5% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 30 | 88% | 9% | 3% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 31 | 80% | 15% | 5% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 82% | 12% | 6% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 30 | 98% | 2% | 0% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 17 | 85% | 12% | 4% | 63% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 34 | 80% | 8% | 12% | 63% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 77% | 17% | 6% | 60% |
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 receipt of invoice
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
If the supplier wishes to raise a dispute they should use the below process: Contact the Source to Pay helpdesk by email at supplier@pearson.com. Suppliers will receive a ticket number by return email. This team is the first point of contact for supplier queries. Suppliers may contact the Helpdesk with all queries, including disputes. The Helpdesk have full visibility of the invoice status at all times and are well placed to support the supplier in answering their query. This includes escalating the matter to the relevant person in the business as and when required in order for the dispute to be resolved. Should queries not be resolved within an agreed time frame by the Helpdesk, suppliers can escalate their query by emailing stpqueryescalation@pearson.com and quoting the original ticket number.
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
PEARSON SHARED SERVICES LIMITED is a UK-based company that provides shared services for the Pearson Group, a multinational publishing and education company. The company offers a wide range of services including finance, HR, IT, and procurement for the Pearson Group and its subsidiaries.
In terms of sustainability, PEARSON SHARED SERVICES LIMITED has a strong commitment to reducing its environmental impact. The company has implemented various initiatives such as reducing paper usage, promoting energy efficiency, and encouraging employees to use public transport. They also have a sustainability program in place to ensure responsible sourcing and waste management.
One of the key products of PEARSON SHARED SERVICES LIMITED is their digital learning platform, which offers a diverse range of educational resources and tools for students and educators. The platform is designed to improve learning outcomes and provide personalized learning experiences for students.
The company is led by a team of experienced and dedicated individuals, including the CEO, Mark Anderson. They are committed to driving innovation and delivering high-quality services to their clients.
For more information, interested parties can visit their website at www.pearson.com or contact them at their registered office address: 80 Strand, London, WC2R 0RL, United Kingdom. PEARSON SHARED SERVICES LIMITED is dedicated to providing efficient and sustainable shared services for the Pearson Group and contributing to the global education sector.