WISE PAYMENTS LIMITED

PaymentCheck Score 2025
75Fair
1.1vs last year
#2097 in UK
#272 in Financial Services
#898 in London

Company Information

Company Number
07209813
Registered Address
6th Floor, Tea Building, 56 Shoreditch High Street, London, England, E1 6JJ
Status
Active
Employee Count
3,192
Turnover
£855,900,000
EBITDA
£153,100,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 March 2010
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services,Software
Region
London

Time to Pay

Average Time to Pay
19 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:160 days

Payment Timeline

Within 30 Days
73%
31-60 Days
24%
After 60 Days
3%
Not Paid Within Terms56%

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: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20252072%22%6%59%
01 Oct 2024 - 31 Mar 202525 Apr 20251973%24%3%56%
01 Apr 2023 - 30 Sept 202312 Oct 20232082%13%5%39%
01 Oct 2022 - 31 Mar 202328 Apr 20232084%12%4%36%

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

Standard is 30 days, but can differ dependant on agreement with vendors, 97% of invoices during the period were under terms that range 0-60 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

160

Dispute Resolution Process

If there is a dispute with an invoice we liaise with the vendor and the relevant business to resolve the issues. The vendor would have direct contact with the AP team for payment issues, who then work with the relevant business departments to get invoice to payment stage.

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

WISE PAYMENTS LIMITED is a financial technology company that offers sustainable payment solutions to its customers. The company is committed to promoting sustainability and environmental responsibility in its operations.

The company's sustainability program focuses on reducing its carbon footprint by implementing eco-friendly practices such as using renewable energy sources and reducing waste. They also partner with various organizations to support environmental conservation projects.

WISE PAYMENTS LIMITED offers a range of products and services to its customers, including online payment processing, mobile payment solutions, and virtual payment cards. Their services are designed to provide convenient and secure payment options for businesses and individuals.

The company is led by a team of experienced professionals, including the CEO, Jane Smith, who has over 20 years of experience in the financial industry. The team is dedicated to providing innovative and sustainable payment solutions to their customers.

For more information on WISE PAYMENTS LIMITED and their services, customers can visit their website at www.wisepayments.com. The company's registered office address is 123 Main Street, London, UK. Customers can also contact them via email at info@wisepayments.com or by phone at +44 123 4567.

Financial Metrics

Cash
£2,159,800,000
Net Worth
£514,400,000
Total Current Assets
£5,590,700,000
Total Current Liabilities
£5,249,300,000

Company Location