Score of 82.4/100 qualifies for PaymentCheck Certification
EXCHANGE HOUSE SERVICES LIMITED typically processes payments within the 30-60 day window, with an average payment time of 34 days. While 55% of payments are completed within 30 days, a substantial 40% fall into the 31-60 day category, indicating a consistent trend towards slightly extended payment cycles. Only a small percentage, 5%, extends beyond 60 days, suggesting that while some payments are delayed, extreme delays are infrequent.
The company exhibits moderate payment volatility, with 22% of payments classified as late, which introduces a degree of unpredictability for suppliers. Although 55% are prompt, the remaining 45% are distributed across the 31-60 days and beyond, indicating that payment exactness can fluctuate. This distribution suggests suppliers should anticipate variability in payment timing, impacting cash flow predictability.
EXCHANGE HOUSE SERVICES LIMITED generally maintains an acceptable payment profile, though suppliers should plan for an average payment period of 34 days. Key decision factors include the 22% late payment rate and the 40% that pay between 31-60 days, which suggest a need for robust cash flow management. To mitigate risk, consider negotiating payment terms that align with their typical 31-60 day cycle or implementing clear late payment penalties.
| 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 Nov 2025 - 30 Apr 2026 | 12 May 2026 | 21 | 81% | 6% | 13% | 21% |
| 01 May 2025 - 31 Oct 2025 | 12 Nov 2025 | 34 | 55% | 40% | 5% | 22% |
| 01 Nov 2024 - 30 Apr 2025 | 20 May 2025 | 22 | 77% | 17% | 6% | 25% |
| 01 May 2024 - 31 Oct 2024 | 18 Nov 2024 | 34 | 49% | 45% | 6% | 56% |
| 01 Nov 2023 - 30 Apr 2024 | 08 May 2024 | 23 | 73% | 21% | 6% | 30% |
| 01 May 2023 - 31 Oct 2023 | 13 Nov 2023 | 26 | 67% | 25% | 8% | 40% |
| 01 Nov 2022 - 30 Apr 2023 | 09 May 2023 | 26 | 69% | 25% | 6% | 37% |
| 01 May 2022 - 31 Oct 2022 | 10 Nov 2022 | 26 | 65% | 28% | 7% | 41% |
| 01 Nov 2021 - 30 Apr 2022 | 23 May 2022 | 27 | 67% | 27% | 6% | 43% |
| 01 May 2021 - 31 Oct 2021 | 24 Nov 2021 | 32 | 59% | 31% | 10% | 44% |
| 01 Nov 2020 - 30 Apr 2021 | 24 May 2021 | 36 | 40% | 50% | 10% | 65% |
| 01 May 2020 - 31 Oct 2020 | 27 Nov 2020 | 21 | 71% | 18% | 11% | 26% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 25 | 58% | 35% | 7% | 46% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 23 | 60% | 35% | 5% | 48% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 26 | 56% | 37% | 7% | 49% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 27 | 58% | 34% | 8% | 50% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 26 | 58% | 34% | 8% | 49% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 30 | 52% | 42% | 6% | 45% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Default payment terms for suppliers are 30 days, however terms are agreed with suppliers depending on their company size and the nature of the goods or services provided
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Figures in this submission have been calculated in line with the guidance notes issued by the Department for Business, Energy and Industrial Strategy. EHSL operates both daily and weekly payment runs. Weekly payment runs may add additional days to the payment cycle depending on the day of the week the payment is due.
Maximum contractual payment period agreed
90
EHSL will endeavour to advise suppliers promptly of any disputes or reasons why an invoice will not be paid to the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract. Complaints by suppliers should be directed in the first instance to the individual responsible for the expenditure.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
EXCHANGE HOUSE SERVICES LIMITED is an active private limited company that provides services. Its name indicates the provision of services, likely associated with or situated within 'Exchange House'.
Incorporated on 7 December 2007, EXCHANGE HOUSE SERVICES LIMITED is an active private limited company with company number 06447647. It operates from its registered office at Level 1 Exchange House, Primrose Street, London, EC2A 2EG, confirming its London location.
As a private limited company focused on services, EXCHANGE HOUSE SERVICES LIMITED provides services common to such entities. These often encompass administrative support, facilities management, or various operational services tailored for commercial environments.
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