VITALITY CORPORATE SERVICES LIMITED
Company Information
- Company Number
- 05933141
- Registered Address
- 3 More London Riverside, London, SE1 2AQ
- Status
- Active
- Employee Count
- 2,401
- Turnover
- £393,588,000
- EBITDA
- £13,066,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 September 2006
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 17 | 93% | 6% | 1% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 13 | 91% | 7% | 2% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 15 | 93% | 4% | 3% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2019 | 18 | 84% | 11% | 5% | 16% |
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
As standard, unless otherwise agreed with the Supplier, VCSL will pay any invoiced amounts within 30 days of the date of a valid and correct invoice to a bank account nominated in writing by the Supplier. VCSL reserves the right to withhold payment from the Supplier where, in its reasonable opinion, the Supplier has failed to provide goods free from defect or has not performed the services with reasonable skill, care and diligence in a good and workmanlike manner.
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
First notification of disputes or complaints regarding supplier payments are directed towards VCSL’s Group Sourcing Team who will seek a resolution to an issue. Should the Group Sourcing team not be able to resolve the issue, the issue will be discussed by senior officers of VCSL and the Supplier who will co-operate in good faith to resolve the dispute. If the issue cannot be resolved by the senior officers, then VCSL and the Supplier will attempt to settle it by mediation in accordance with the Centre for Dispute Resolution (CEDR) Model Mediation Procedure.
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.
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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.
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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
VITALITY CORPORATE SERVICES LIMITED is a UK-based company that offers a wide range of corporate services, including sustainability programs, to businesses of all sizes. The company is committed to promoting sustainable practices and helping its clients reduce their environmental impact.
Their sustainability program focuses on identifying and implementing sustainable solutions for their clients, such as reducing carbon emissions, promoting energy efficiency, and implementing waste management strategies. They also offer sustainability training and workshops for businesses to help them understand and adopt sustainable practices.
In addition to their sustainability program, VITALITY CORPORATE SERVICES LIMITED offers a variety of products and services, including corporate social responsibility consulting, financial management, and human resources support. They also provide bespoke solutions tailored to the specific needs of their clients.
The key people behind VITALITY CORPORATE SERVICES LIMITED are its directors, who have extensive experience in the corporate services industry. They are dedicated to providing high-quality services and driving positive change through sustainable practices.
The company's website (www.vitalitycorporateservices.co.uk) provides detailed information about their services and sustainability program. Their registered office address is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
In summary, VITALITY CORPORATE SERVICES LIMITED is a leading corporate services company in the UK that is committed to promoting sustainability and helping businesses become more environmentally responsible. With a team of experienced professionals and a range of services, they are a valuable partner for businesses looking to achieve sustainable growth.
