WORLDPAY AP LTD
Company Information
- Company Number
- 05593466
- Registered Address
- The Walbrook Building, 25 Walbrook, London, EC4N 8AF
- Status
- Active
- Employee Count
- 2
- Turnover
- £22,949,000
- EBITDA
- £7,147,000
Additional Details
- Website
- https://envoyservices.com
- Company Type
- Private limited Company
- Incorporated On
- 14 October 2005
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified66190 - Activities auxiliary to financial intermediation not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for WORLDPAY AP LTD. to pay invoices has been decreasing over the past three periods, from 83 days in the first period to 28 days in the most recent period. This indicates an improvement in the company's efficiency in paying invoices.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated the most, with a decrease of 67% in the second period followed by an increase of 1% in the third period. This indicates that the company's promptness in paying invoices has varied over the past three periods.
Performance Reports History
| 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 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 28 | 74% | 19% | 6% | 90% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 23 | 81% | 10% | 10% | 100% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 20 | 79% | 18% | 3% | 82% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 25 | 73% | 12% | 15% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 10 | 97% | 3% | 0% | 57% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 17 | 77% | 23% | 0% | 74% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 83 | 10% | 50% | 40% | 94% |
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
Suppliers shall be paid within thirty (30) days of receipt of a valid invoice
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
Company Summary
WORLDPAY AP LTD is a global payment processing company that offers a wide range of services and products to businesses and consumers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes using renewable energy sources, reducing carbon emissions, and minimizing waste. They also work with their suppliers to ensure responsible and ethical practices in their supply chain.
WORLDPAY AP LTD offers a variety of payment solutions, including online payment processing, point-of-sale systems, and mobile payment options. They also provide fraud prevention and risk management services to protect businesses and consumers.
The key people at WORLDPAY AP LTD include the CEO, Philip Jansen, and the Executive Chairman, Sir Michael Rake. They have a dedicated team of professionals who are committed to providing excellent service to their customers.
Their website address is www.worldpay.com and their registered office address is The Walbrook Building, 25 Walbrook, London EC4N 8AF, United Kingdom.
In summary, WORLDPAY AP LTD is a leading payment processing company with a strong commitment to sustainability and providing innovative products and services to its customers. Their team of experienced professionals and global reach make them a reliable choice for businesses and consumers alike.
