MONEYCORP CFX LIMITED
Company Information
- Company Number
- 04780562
- Registered Address
- Floor 5, Zig Zag Building, 70 Victoria Street, London, England, SW1E 6SQ
- Status
- Active
- Employee Count
- 12
- Turnover
- £2,731,000
- EBITDA
- -£159,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 May 2003
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2021 - 30 Jun 2021 | 30 Jul 2021 | 20 | 74% | 26% | 0% | 28% |
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 is the most frequently used payment terms
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
The supplier would initially contact the purchase ledger department. If non-payment is due to a dispute with regards the services or goods the purchase ledger department may refer the supplier to the employee responsible for the order with the aim of resolving the issue. If the dispute is about the purchase ledger department the supplier may request to speak to the Group Financial Controller or the Head of Finance.
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.
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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
MONEYCORP CFX LIMITED is a financial services company that specializes in foreign exchange and international payments. They offer a wide range of services, including currency exchange, money transfers, and risk management solutions for both personal and business clients.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing paper waste, and promoting eco-friendly practices within their offices.
Their main product is foreign currency exchange, which allows customers to exchange money at competitive rates. They also offer international money transfers, allowing customers to send and receive funds globally in various currencies.
The company is led by a team of experienced professionals, including CEO Mark Horgan and CFO David Halliday. They pride themselves on providing excellent customer service and tailored solutions to meet individual needs.
MONEYCORP CFX LIMITED can be contacted through their website, which also provides information on their services and current exchange rates. Their registered office address is 2 Sloane Street, London SW1X 9LA, United Kingdom.
In summary, MONEYCORP CFX LIMITED is a reputable financial services company that offers sustainable solutions for foreign exchange and international payments. With a dedicated team and a commitment to sustainability, they strive to provide efficient and reliable services to their clients.
