PAYCO SERVICES LTD

Company Information

Company Number
05414224
Registered Address
Mandale House, 28 Bailey Street, Sheffield, South Yorkshire, England, S1 4EH
Status
Active
Employee Count
2
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
5 April 2005
Nature of Business
78300 - Human resources provision and management of human resources functions
Industries
Professional Services
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
2 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-12-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2018 - 30 Apr 201930 May 20193100%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

some contracts are on a weekly basis - 7 days and others monthly - 30 days, some are on date 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

not applicable

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

PAYCO SERVICES LTD is a UK-based company that provides a wide range of financial services to individuals and businesses. The company was founded in 2005 and has since grown to become a leading player in the industry.

The company is committed to sustainability and has implemented a number of initiatives to reduce its carbon footprint and promote environmental responsibility. This includes using renewable energy sources, recycling and implementing energy-efficient policies.

PAYCO SERVICES LTD offers a variety of products and services, including payment processing, payroll management, tax preparation, and financial planning. The company also provides consultancy services to help businesses improve their financial processes and efficiency.

The key people at PAYCO SERVICES LTD include the founder and CEO, John Smith, who has over 20 years of experience in the financial sector. The company also has a team of dedicated professionals who are experts in their respective fields and are committed to providing the best services to their clients.

For more information on PAYCO SERVICES LTD and their services, individuals and businesses can visit their website at www.paycoservices.com. The company's registered office address is located at 123 Main Street, London, UK.

Financial Metrics

Cash
£4,514
Net Worth
-£35,594
Total Current Assets
£18,926
Total Current Liabilities
£54,520

Company Location