CAPITA RETAIL FINANCIAL SERVICES LIMITED

PaymentCheck Score 2023
99Excellent
vs last year
#100 in UK
#53 in London

Company Information

Company Number
05296886
Registered Address
65 Gresham Street, London, England, EC2V 7NQ
Status
Active
Employee Count
1,029
Turnover
£26,024,000
EBITDA
-£2,073,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 November 2004
Nature of Business
66190 - Activities auxiliary to financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
11 days
Shortest Period:7 days
Longest Period:60 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: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202301 Aug 20231199%1%0%1%
01 Jan 2023 - 30 Jun 202331 Jul 20231199%1%0%1%
01 Jan 2022 - 30 Jun 202229 Jul 2022499%1%0%1%
01 Jul 2021 - 31 Dec 202121 Jan 20225100%0%0%0%
01 Jan 2021 - 30 Jun 202130 Jul 2021599%1%0%2%
01 Jan 2019 - 30 Jun 201926 Jul 20192184%16%0%20%
01 Jan 2018 - 30 Jun 201826 Jul 20182463%36%1%33%

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

7 Days individuals, 14 Days Micro Business, 30 Days SME, 60 Days Large Corporate

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The accounts payable helpdesk number and email address is printed on all correspondence to suppliers, any disputes are expected to be resolved within 30 days of the dispute being raised.

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

CAPITA RETAIL FINANCIAL SERVICES LIMITED is a leading provider of financial services based in the United Kingdom. The company offers a range of products and services to both retail and commercial customers.

Their sustainability program aims to minimize the company's environmental impact and promote responsible business practices. This includes implementing energy-efficient measures in their operations, reducing waste, and supporting local communities.

Their products and services include banking and savings accounts, insurance, credit cards, and loans. They also offer financial planning and investment management services to help customers achieve their financial goals.

The key people of the company include the CEO, who is responsible for the overall strategic direction of the company, and the executive team that oversees different departments such as finance, operations, and marketing.

Customers can contact CAPITA RETAIL FINANCIAL SERVICES LIMITED through their website, which provides information about their products and services, as well as a customer support portal. The registered office address is located in London, United Kingdom.

In summary, CAPITA RETAIL FINANCIAL SERVICES LIMITED is a reputable financial services provider in the UK, offering a range of products and services to meet the needs of both retail and commercial customers. Their sustainability program and commitment to responsible business practices demonstrate their dedication to making a positive impact in the community and the environment.

Financial Metrics

Cash
£0
Net Worth
£51,605,044
Total Current Assets
£76,618,617
Total Current Liabilities
£25,013,573

Company Location