GOOGLE PAYMENT LIMITED

PaymentCheck Score 2025
71Fair
22.8vs last year
#2394 in UK
#986 in London

Company Information

Company Number
05903713
Registered Address
5 New Street Square, London, EC4A 3TW
Status
Active
Employee Count
0
Turnover
£167,514,000
EBITDA
£9,705,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 August 2006
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
44 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
11%
31-60 Days
78%
After 60 Days
11%
Not Paid Within Terms22%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253954%41%5%5%
01 Jul 2024 - 31 Dec 202429 Jan 20254411%78%11%22%
01 Jan 2024 - 30 Jun 202430 Jul 2024479%82%9%9%
01 Jan 2023 - 30 Jun 202327 Jul 2023388%92%0%0%
01 Jan 2022 - 30 Jun 202229 Jul 20223825%56%19%25%
01 Jan 2021 - 30 Jun 202129 Jul 20213139%61%0%32%
01 Jan 2020 - 30 Jun 202030 Jul 20203124%76%0%4%
01 Jul 2019 - 31 Dec 201931 Jan 20203427%70%3%9%
01 Jan 2019 - 30 Jun 201929 Jul 2019368%92%0%2%

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

The company enters into a range of agreements for the activities it undertakes, typically relying on the standard terms of the Google group. Standard terms include the Google Supplier Purchase Order Terms and Conditions and the Google Inbound Services Agreement. The terms state that the company will pay undisputed invoices within 60 days of receipt. For more information, and to view the Google Supplier Purchase Order Terms and Conditions in full, please visit https://www.google.com/corporate/suppliers. The company’s billing systems, which record and administer invoices, do not contain information about contract type. As such, while the majority of invoices in the system are expected to relate to qualifying contracts, the system is unable to distinguish qualifying contracts from non-qualifying contracts and some such data may be included in the reported statistics.

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

60

Dispute Resolution Process

Google will only initiate invoice disputes in good faith, and will provide a written description of the disputed amount. Upon Google’s request, Supplier will issue separate invoices for undisputed and disputed amounts. Payment of undisputed amounts will not compromise Google’s right to object to the disputed amounts.

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

Google Payment Limited is a subsidiary of Google, providing payment services to users across the globe. The company offers a variety of sustainable products and services, while also focusing on environmental sustainability through its initiatives.

The company's sustainability program includes efforts to reduce its carbon footprint, increase energy efficiency, and promote responsible waste management. They also prioritize using renewable energy sources for their operations.

Google Payment Limited offers a range of products and services, including Google Pay, which allows users to make secure payments from their mobile devices. They also offer merchant services for businesses, allowing them to accept payments through Google Pay.

Some key people of Google Payment Limited include the CEO, Sundar Pichai, and the Head of Google Pay, Caesar Sengupta.

The company's contact information can be found on their website, along with their registered office address in London, United Kingdom. Their website address is www.pay.google.com.

In summary, Google Payment Limited is a sustainable subsidiary of Google, offering payment services and products to users globally. They are committed to promoting environmental sustainability through their initiatives, while also providing efficient and secure payment options for their customers.

Financial Metrics

Cash
£98,842,478
Net Worth
£77,264,363
Total Current Assets
£103,868,921
Total Current Liabilities
£26,604,557

Company Location