ALPHA FX LIMITED

PaymentCheck Score 2025
99Excellent
0.2vs last year
#124 in UK
#4 in Software
#56 in London

Company Information

Company Number
05108142
Registered Address
Brunel Building, 2 Canalside Walk, London, England, W2 1DG
Status
Active
Employee Count
201
Turnover
£65,469,000
EBITDA
£38,606,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 April 2004
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Software
Region
London

Time to Pay

Average Time to Pay
10 days
Shortest Period:5 days
Longest Period:53 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms1%

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: 2024-07-30
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 202530 Jul 20251098%2%0%0%
01 Jan 2024 - 30 Jun 202430 Jul 20241099%1%0%1%
01 Jan 2023 - 30 Jun 202327 Jul 20239100%0%0%0%

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

We don't have our own standard payment terms, but suppliers typically have terms of 30 days

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

60

Dispute Resolution Process

Any potential complaint or concern from a supplier will be raised directly to the Finance department. The Finance department will typically resolve this within 5 working days through communication with the relevant supplier and supplier relationship owner within the business.

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

Alpha FX Limited is a UK-based financial services company that specializes in foreign exchange (FX) and international payments. Founded in 2010, the company provides currency exchange and risk management solutions for businesses and individuals.

One of the key focuses of Alpha FX is sustainability and responsible business practices. The company has implemented a sustainability program that aims to reduce its carbon footprint, increase energy efficiency, and promote ethical and responsible business practices. They also have a commitment to supporting charitable causes and have partnered with various organizations to donate a portion of their profits.

Alpha FX offers a range of products and services including spot and forward contracts, currency options, and risk management strategies. Their team of experts works closely with clients to understand their individual needs and provide tailored solutions to help them manage their FX exposure and minimize risk.

The company is led by a team of experienced individuals, including their CEO, Morgan Tilbrook, who has over 20 years of experience in the FX industry. Other key people include the Chief Financial Officer, Chief Operating Officer, and Head of Compliance.

For more information on their services and sustainability efforts, individuals can visit their website at www.alphafx.co.uk. The registered office address for Alpha FX Limited is 60 Gresham Street, London, EC2V 7BB, United Kingdom.

Financial Metrics

Cash
£89,136,454
Net Worth
£124,583,239
Total Current Assets
£160,451,926
Total Current Liabilities
£99,352,189

Company Location