PAYSTREAM ACCOUNTING SERVICES LIMITED

PaymentCheck Score 2025
99Excellent
1.4vs last year
#172 in UK
#39 in Financial Services
#11 in North West

Company Information

Company Number
07598955
Registered Address
Mansion House, Manchester Road, Altrincham, Cheshire, WA14 4RW
Status
Active
Employee Count
332
Turnover
£24,693,000
EBITDA
£2,822,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 April 2011
Nature of Business
69201 - Accounting and auditing activities
Industries
Financial Services,Professional Services
Region
North West

Time to Pay

Average Time to Pay
13 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms0%

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: 2024-10-30
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 202529 Oct 20251597%3%0%1%
01 Oct 2023 - 31 Mar 202426 Apr 202410100%0%0%0%
01 Apr 2023 - 30 Sept 202319 Oct 2023997%2%1%0%
01 Apr 2022 - 30 Sept 202228 Oct 20228100%0%0%0%
01 Apr 2021 - 30 Sept 202125 Oct 20211198%1%1%2%
01 Oct 2020 - 31 Mar 202129 Apr 20211197%2%1%3%
01 Apr 2019 - 30 Sept 201924 Oct 2019996%3%1%4%

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

The business honours the payment terms provided by suppliers wherever possible. If payment terms are not specified by the supplier then the following standard payment terms will apply. Small and medium size businesses 14 days from date of invoice, large businesses 30 days from date of invoice.

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

90

Dispute Resolution Process

The first point of contact regarding disputes is the Finance Team based at PayStream Head Office in Altrincham. If the query can not be easily resolved it is referred on to the relevant department manager or director. There is an expectation that queries will be resolved within 14 days.

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

PAYSTREAM ACCOUNTING SERVICES LIMITED is a UK-based company that provides accounting and financial services to contractors, freelancers, and small businesses. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their services include providing online accounting software, tax advice, bookkeeping, payroll management, and company formation. These services are tailored to the specific needs of their clients, helping them to manage their finances efficiently and effectively.

The company also offers a comprehensive sustainability program, which includes reducing paper waste, using energy-efficient equipment, and promoting eco-friendly practices among their employees. This program not only benefits the environment but also helps the company to reduce costs and improve their bottom line.

The key people at PAYSTREAM ACCOUNTING SERVICES LIMITED include their Managing Director, Paul Malley, and their Head of Operations, Jo Whittaker. Both have extensive experience in the accounting and financial industry, ensuring that clients receive high-quality services and advice.

Their website, www.paystream.co.uk, provides detailed information about their services, pricing, and sustainability program. Clients can also access their online accounting software and other resources through the website. The company's registered office address is 9-11 King Street, Knutsford, Cheshire, WA16 6DW, United Kingdom.

In conclusion, PAYSTREAM ACCOUNTING SERVICES LIMITED is a reputable company that offers a range of accounting and financial services to contractors, freelancers, and small businesses. Their commitment to sustainability and experienced team make them a reliable choice for managing financial matters.

Financial Metrics

Cash
£3,972,000
Net Worth
£759,000
Total Current Assets
£5,045,000
Total Current Liabilities
£4,046,000

Company Location