XERO (UK) LIMITED
Company Information
- Company Number
- 06071722
- Registered Address
- 5th Floor 100 Avebury Boulevard, Milton Keynes, United Kingdom, MK9 1FH
- Status
- Active
- Employee Count
- 591
- Turnover
- £105,432,000
- EBITDA
- £8,732,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 January 2007
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Financial Services,Software
- Region
- South East
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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 13 | 97% | 2% | 1% | 5% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 13 | 93% | 1% | 6% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 16 Oct 2023 | 11 | 95% | 1% | 4% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 12 | 95% | 4% | 1% | 8% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 13 | 96% | 3% | 1% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 10 | 97% | 3% | 0% | 5% |
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
Xero makes vendor payments weekly. Standard supplier payment terms in the UK are net 30 days from receipt of a correctly presented invoice. To assist the small business economy we also aim to pay our small business suppliers within 10 working days of receipt of a valid invoice. To assist with prompt payment to our suppliers, we require all invoices to: – include a valid purchase order number; – include a description of the goods supplied (including quantity and unit prices) and/or services provided; – be addressed to the correct Xero entity; and – be sent directly to apinvoices@xero.com. All invoices must be compliant with regional sales tax/VAT requirements. Xero is not obligated to pay any invoice submitted 180 days or more after goods have been supplied and/or services have been performed.
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
30
Dispute Resolution Process
Any disputes are directed to the Accounts Payable team who then work with suppliers to resolve the dispute. If anything requires escalation the team will work with the business owner and our procurement team to assist with resolving the dispute.
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
Xero (UK) Limited is a leading software company that offers cloud-based accounting and business management solutions to small and medium-sized businesses. The company is committed to sustainability and has a strong focus on creating environmentally responsible products and services.
Their sustainability program includes initiatives such as reducing their carbon footprint, promoting eco-friendly practices among their employees, and partnering with sustainable suppliers. They also offer a range of sustainable products and services, such as paperless invoicing, electronic payment options, and tools to track and reduce carbon emissions.
The key people at Xero (UK) Limited include Managing Director Gary Turner and Chief Executive Officer Steve Vamos. They have a dedicated team of professionals who are passionate about providing innovative solutions to their customers.
The company's website address is www.xero.com/uk and their registered office address is 6th Floor, 4 More London Riverside, London, SE1 2AU. They also have several offices across the UK, making it easily accessible for customers to get in touch with them.
In summary, Xero (UK) Limited is a sustainable and customer-focused company that offers cloud-based accounting and business management solutions. With a strong commitment to sustainability and a team of experienced professionals, they are a reliable choice for businesses looking to streamline their operations and reduce their environmental impact.
