Industry ranking
Score of 95.2/100 qualifies for PaymentCheck Certification
The trend for FIS UK HOLDINGS LIMITED is positive, with a decrease in the average time to pay and an increase in the percentage of invoices being paid within 30 days. This shows a clear effort by the company to improve their payment process and strengthen their relationships with suppliers.
FIS UK HOLDINGS LIMITED has shown low volatility in their invoice payment process, with consistent improvements over the past three periods. This indicates a stable and reliable payment system, which can be beneficial for maintaining good relationships with suppliers.
| 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 Jul 2024 - 31 Dec 2024 | 24 Feb 2025 | 27 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 26 | 78% | 22% | 0% | 57% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 54 | 0% | 100% | 0% | 100% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | 40 | 0% | 100% | 0% | 100% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days
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
N/a
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
FIS UK Holdings Limited is a UK-registered holding company, classified under Companies House as an activity of other holding companies. It was incorporated in 2005 as Solarhold Limited, renamed SunGard UK Holdings Limited later that year, and then renamed FIS UK Holdings Limited in 2016. The company remains active, filing regular accounts and confirmation statements, and is administered from a London registered office associated with FIS corporate governance functions. No trading activity, products or services are described for this entity itself; it functions as part of the wider FIS corporate group structure rather than as an operating business in its own right.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk