BLACKHAWK NETWORK (EUROPE) LIMITED

PaymentCheck Score 2022
94Excellent
6.1vs last year
#501 in UK
#25 in East of England

Company Information

Company Number
07956446
Registered Address
Westside, London Road, Hemel Hempstead, Hertfordshire, United Kingdom, HP3 9TD
Status
Active
Employee Count
78
Turnover
£85,129,000
EBITDA
£3,746,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 February 2012
Nature of Business
46900 - Non-specialised wholesale trade
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
5 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
94%
31-60 Days
4%
After 60 Days
2%
Not Paid Within Terms12%

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: 2023-01-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202226 Jan 2023594%4%2%12%
01 Jan 2022 - 30 Jun 202218 Jul 2022793%3%4%17%
01 Jul 2021 - 31 Dec 202124 Jan 20221292%4%4%14%
01 Jan 2021 - 30 Jun 202116 Jul 20212066%32%2%8%
01 Jul 2020 - 31 Dec 202006 Jul 20212268%28%4%11%
01 Jan 2020 - 30 Jun 202006 Jul 20211467%31%2%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 company shall pay correctly submitted invoices within 30 days of the end of the month in which the relevant invoice was dated.

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

60

Dispute Resolution Process

If invoices do not match to purchase order details then the invoice will be marked as in dispute by the accounts payable (AP) team and flagged to the relevant purchase administrator/budget owner. The originator of the purchase order (PO) will work with the supplier to resolve 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

BLACKHAWK NETWORK (EUROPE) LIMITED is a leading provider of prepaid and gift card solutions in Europe. The company offers a wide range of products and services such as gift cards, digital rewards, employee incentive programs, and loyalty programs.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using eco-friendly materials for its products, promoting recycling and waste reduction, and implementing energy-efficient practices in its offices.

One of the key people at BLACKHAWK NETWORK (EUROPE) LIMITED is its Managing Director, Matt Howe, who has over 20 years of experience in the prepaid and gift card industry. He leads a team of dedicated professionals who are passionate about delivering innovative solutions to their clients.

The company's website (https://www.blackhawknetwork.com/europe/) provides information about their products and services, as well as their sustainability efforts. It also includes a contact page with the company's registered office address in London and a contact form for inquiries.

Overall, BLACKHAWK NETWORK (EUROPE) LIMITED is a reputable and sustainable company that offers a variety of prepaid and gift card solutions to its clients. With its strong leadership and commitment to sustainability, the company continues to grow and make a positive impact in the industry.

Financial Metrics

Cash
£52,349,000
Net Worth
£23,295,000
Total Current Assets
£137,327,000
Total Current Liabilities
£111,115,000

Company Location