PEARSON SHARED SERVICES LIMITED

PaymentCheck Score 2025
71Fair
3.2vs last year
#2374 in UK
#979 in London

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

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

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
78%
31-60 Days
16%
After 60 Days
6%
Not Paid Within Terms20%

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: 2025-01-28
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 202529 Jul 20253770%13%17%32%
01 Jul 2024 - 31 Dec 202428 Jan 20253478%16%6%20%
01 Jan 2024 - 30 Jun 202422 Jul 20244362%24%14%36%
01 Jan 2023 - 30 Jun 202325 Jul 20233471%24%5%28%
01 Jul 2022 - 31 Dec 202217 Jan 20233088%9%3%16%
01 Jan 2022 - 30 Jun 202225 Jul 20223180%15%5%22%
01 Jul 2021 - 31 Dec 202128 Jan 20223482%12%6%18%
01 Jan 2021 - 30 Jun 202127 Jul 20213098%2%0%45%
01 Jan 2020 - 30 Jun 202030 Jul 20201785%12%4%63%
01 Jul 2019 - 31 Dec 201931 Jan 20203480%8%12%63%
01 Jan 2018 - 30 Jun 201827 Jul 20182977%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.

Financial Metrics

Cash
£3,477,000
Net Worth
-£68,394,000
Total Current Assets
£44,826,000
Total Current Liabilities
£122,717,000

Company Location