EXCHEQUER SOLUTIONS LIMITED

Company Information

Company Number
04749739
Registered Address
Chrisopher Dean, 1st Floor The Exchange, No 1 St John Street, Chester, CH1 1DA
Status
Active
Employee Count
1,043
Turnover
£120,593,000
EBITDA
-£95,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 April 2003
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Financial Services,Professional Services
Region
North West

Company Review

Trend Analysis

The trend for EXCHEQUER SOLUTIONS LIMITED shows a consistent improvement in their payment times over the past three periods. They have also significantly reduced the percentage of invoices paid later than 60 days.

Volatility Analysis

The volatility for EXCHEQUER SOLUTIONS LIMITED has been relatively low, with only small changes in the average time to pay and the percentage of invoices paid within 30 days over the past three periods.

Summary Analysis

From Jan 2018 to Jun 2018, EXCHEQUER SOLUTIONS LIMITED has shown a consistent improvement in their payment times. Their average time to pay has decreased from 0 days to -4.5 days, indicating that they are now paying their invoices earlier than the agreed terms. The percentage of invoices paid within 30 days has also increased from 85.7% to 92.9%. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 14.3% to 7.1%. The company has also significantly reduced their percentage of invoices paid later than 60 days, from 0% to 0.0%.

Performance Reports History

Reporting Period Filed: 2018-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201831 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

EXCHEQUER SOLUTIONS LIMITED is a UK-based company that specializes in providing payroll and financial outsourcing services to businesses of all sizes. The company was founded in 2007 and has since then established itself as a leading player in the industry.

The company's sustainability program is centered around reducing its environmental impact and promoting responsible business practices. This includes implementing energy-efficient measures in their offices, reducing paper waste, and supporting local charities and community initiatives.

EXCHEQUER SOLUTIONS LIMITED offers a range of services including payroll processing, tax compliance, and financial reporting. They also provide HR and recruitment services, as well as customized training programs to help businesses improve their overall operations.

The key people behind EXCHEQUER SOLUTIONS LIMITED are its directors, Mr. David Mason and Mr. Kevin Fosberry. With years of experience in the finance and payroll industry, they have played a crucial role in the company's growth and success.

For more information on their services and sustainability efforts, interested parties can visit their website at www.exchequersolutions.co.uk. The company's registered office address is located at Suite 2, Northumberland House, 11 The Pavement, Poplar, London, E14 9RL.

Financial Metrics

Cash
£5,782,832
Net Worth
£583,315
Total Current Assets
£6,988,993
Total Current Liabilities
£6,434,648

Company Location