FIS UK HOLDINGS LIMITED

Company Information

Company Number
05483711
Registered Address
C/O F I S Corporate Governance, The Walbrook Building, 25 Walbrook, London, England, EC4N 8AF
Status
Active
Employee Count
0.0
Turnover
108168000.0
EBITDA
108147000.0

Additional Details

Company Type
Private limited Company
Incorporated On
17 June 2005
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
0
Region
London

Company Location

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Financial Metrics

Cash
£0.00
Net Worth
£458,065,528.00
Total Current Assets
£9,267,982.00
Total Current Liabilities
£90,957,771.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
26 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
78%
31-60 Days
22%
After 60 Days
0%
Not Paid Within Terms57%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20242678%22%0%57%
01 Jul 2020 - 31 Dec 202025 Jan 2021540%100%0%100%
01 Jan 2020 - 30 Jun 202022 Jul 2020400%100%0%100%

Company Summary

FIS UK HOLDINGS LIMITED is a financial services company based in London, United Kingdom

The company offers a wide range of products and services including banking, payments, capital markets, wealth management, and risk and compliance solutions

The company has a strong focus on sustainability and is committed to reducing its environmental impact

They have implemented various initiatives such as reducing paper usage, promoting energy efficiency, and supporting local community projects

Some of the key people at FIS UK HOLDINGS LIMITED include the CEO, Gary Norcross, and the CFO, Woody Woodall

They have a team of experienced professionals who are dedicated to providing high-quality financial services to their clients

Customers can contact FIS UK HOLDINGS LIMITED through their website, which also provides detailed information about their products and services

The company's registered office address is located at 25 Canada Square, Canary Wharf, London, E14 5LQ

In summary, FIS UK HOLDINGS LIMITED is a leading financial services company in the UK, offering a range of sustainable solutions to their clients

With a strong leadership team and a commitment to sustainability, the company continues to provide innovative and reliable financial services to meet the evolving needs of their customers

Company Review

Trend Analysis

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.

Volatility Analysis

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.

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

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

No

Any other information about payment terms

N/a

Maximum contractual payment period agreed

60

Dispute Resolution Process

N/a

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