WORLDPAY AP LTD

Company Information

Company Number
05593466
Registered Address
The Walbrook Building, 25 Walbrook, London, EC4N 8AF
Status
Active
Employee Count
2.0
Turnover
25665000.0
EBITDA
7425000.0

Additional Details

Company Type
Private limited Company
Incorporated On
14 October 2005
Nature of Business
64999 - Financial intermediation not elsewhere classified$66190 - Activities auxiliary to financial intermediation not elsewhere classified
Industries
0
Region
London

Company Location

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Financial Metrics

Cash
£59,391,000.00
Net Worth
£60,883,000.00
Total Current Assets
£288,127,000.00
Total Current Liabilities
£227,337,000.00
Reporting Period
2021-01-01 to 2021-06-30Filed: 2021-07-31

Time to Pay

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

Payment Timeline

Within 30 Days
74%
31-60 Days
19%
After 60 Days
6%
Not Paid Within Terms90%

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 Jan 2021 - 30 Jun 202131 Jul 20212874%19%6%90%
01 Jul 2020 - 31 Dec 202030 Jan 20212381%10%10%100%
01 Jan 2020 - 30 Jun 202029 Jul 20202079%18%3%82%
01 Jul 2019 - 31 Dec 201923 Jan 20202573%12%15%37%
01 Jan 2019 - 30 Jun 201925 Jul 20191097%3%0%57%
01 Jul 2018 - 31 Dec 201822 Jan 20191777%23%0%74%
01 Jan 2018 - 30 Jun 201830 Jul 20188310%50%40%94%

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

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.

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