PREPAID FINANCIAL SERVICES LIMITED
Company Information
- Company Number
- 06337638
- Registered Address
- 4th Floor 35 Great St. Helen's, London, England, EC3A 6AP
- Status
- Active
- Employee Count
- 60
- Turnover
- £21,462,000
- EBITDA
- £2,396,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 August 2007
- Nature of Business
- 64929 - Other credit granting not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 02 Feb 2020 | 18 | 89% | 10% | 1% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 17 | 95% | 5% | 0% | 0% |
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
We aim to pay all invoices within 30 days. Some suppliers have shorter payment terms due to the nature of our business.
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
We are a small company. Disputes are escalated to the CEO or Commercial Director for resolving
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
PREPAID FINANCIAL SERVICES LIMITED is a leading provider of prepaid card and electronic money solutions in the UK and Europe. They offer a range of products and services that cater to the needs of businesses, governments, and individuals.
The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a paperless office policy and use renewable energy sources for their operations. They also work with sustainable suppliers and promote recycling and waste reduction among their employees.
Some of their popular products and services include prepaid cards for businesses, payroll solutions, travel cards, and mobile wallets. These products and services offer convenience, security, and cost-effectiveness to their clients.
The key people at PREPAID FINANCIAL SERVICES LIMITED include CEO and founder, Noel Moran, and COO and co-founder, Valerie Moran. They have a team of experienced professionals who are dedicated to providing innovative solutions and excellent customer service.
The company's website, https://prepaidfinancialservices.com/, provides detailed information about their products and services, as well as their sustainability efforts. Their registered office address is at Fifth Floor, Langham House, 302-308 Regent Street, London, W1B 3AT, United Kingdom.
In conclusion, PREPAID FINANCIAL SERVICES LIMITED is a reputable company that offers sustainable prepaid card and electronic money solutions. With a strong focus on innovation and customer satisfaction, they have become a trusted partner for businesses and individuals looking for efficient and environmentally-friendly financial services.
