QUIDCO LIMITED

PaymentCheck Score 2024
94Excellent
1.1vs last year
#673 in UK
#55 in Professional Services
#5 in Wales

Company Information

Company Number
05498276
Registered Address
Moneysupermarket House Saint Davids Park, Ewloe, Chester, United Kingdom, CH5 3UZ
Status
Active
Employee Count
109
Turnover
£85,300,000
EBITDA
£9,400,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 2005
Nature of Business
63120 - Web portals
Industries
Professional Services,Software
Region
Wales

Time to Pay

Average Time to Pay
16 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
90%
31-60 Days
10%
After 60 Days
0%
Not Paid Within Terms4%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20252187%13%0%4%
01 Jan 2024 - 30 Jun 202429 Jul 20241690%10%0%4%
01 Jul 2023 - 31 Dec 202330 Jan 20241791%9%0%4%

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 have several payment terms depending on the supplier; however the most common terms are 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

45

Dispute Resolution Process

All queries are directed to purchase ledger administration by phone or email to purchaseledger@MONYGroup.com and escalated to the Team Leader or Manager as appropriate.

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

QUIDCO LIMITED is a leading cashback and rewards platform based in the United Kingdom. Founded in 2005, the company offers a range of services to help customers save money on their everyday purchases.

The company's main activity is providing cashback rewards to its customers when they shop at participating retailers through their website or mobile app. Customers can earn cashback on a wide range of products and services, including travel, groceries, fashion, electronics and more.

QUIDCO LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program for office waste, use energy-efficient equipment, and encourage employees to adopt eco-friendly practices.

The key people at QUIDCO LIMITED include the CEO, Andy Oldham, and the COO, Greg Le Tocq. They are supported by a dedicated team of employees who work towards providing the best cashback and rewards experience for their customers.

Customers can contact QUIDCO LIMITED through their website, which also serves as a platform for retailers to partner with them. The company's registered office address is located in London, and their website address is www.quidco.com.

In summary, QUIDCO LIMITED is a leading cashback and rewards platform in the UK, providing customers with a way to save money on their purchases. They have a strong commitment to sustainability and offer a wide range of products and services. With a dedicated team and a user-friendly website, the company continues to grow and provide valuable savings to its customers.

Financial Metrics

Cash
£1,900,000
Net Worth
£10,700,000
Total Current Assets
£60,600,000
Total Current Liabilities
£49,900,000

Company Location