XPS PENSIONS GROUP PLC

PaymentCheck Score 2025
83Good
1.9vs last year
#1492 in UK
#298 in Financial Services
#246 in South East

Company Information

Company Number
08279139
Registered Address
Phoenix House, 1 Station Hill, Reading, RG1 1NB
Status
Active
Employee Count
1,887
Turnover
£231,785,000
EBITDA
£58,010,000

Additional Details

Company Type
Public limited Company
Incorporated On
2 November 2012
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
74990 - Non-trading company
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:28 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
83%
31-60 Days
14%
After 60 Days
3%
Not Paid Within Terms28%

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: 2025-04-29
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 202530 Oct 20252683%13%4%26%
01 Oct 2023 - 31 Mar 202429 Apr 20242583%13%5%37%
01 Apr 2023 - 30 Sept 202330 Oct 20232679%18%3%39%
01 Apr 2022 - 30 Sept 202227 Oct 20222878%19%3%40%
01 Oct 2021 - 31 Mar 202214 Apr 20223181%15%4%37%
01 Apr 2021 - 30 Sept 202127 Oct 20212987%9%4%34%
01 Oct 2020 - 31 Mar 202115 Apr 20213380%13%7%27%
01 Apr 2020 - 30 Sept 202012 Oct 20203667%20%13%31%
01 Apr 2019 - 30 Sept 201928 Oct 20194738%37%25%58%
01 Apr 2018 - 30 Sept 201830 Oct 20182974%21%5%48%

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

28 days from receipt of invoice

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

Contact made directly with suppliers accounts team in the first instance and internally with purchaser to resolve the issue. Escalation to supplier account manager if unresolved.

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

XPS Pensions Group PLC is a leading UK-based company providing actuarial, consulting, and administration services for pension schemes. The company was established in 2011 and is headquartered in London, with offices across the UK.

The company's sustainability program focuses on responsible investing and environmental, social, and governance (ESG) factors in its business operations. They aim to promote sustainable practices and reduce their carbon footprint through various initiatives, such as using renewable energy sources and reducing paper usage.

XPS Pensions Group offers a wide range of products and services, including actuarial consulting, investment consulting, pension scheme administration, and trustee secretarial services. They also provide services for defined benefit, defined contribution, and hybrid pension schemes, as well as offering online tools and resources for pension scheme members.

The key people at XPS Pensions Group include Paul Cuff, the CEO, and Paul Trickett, the Chairman. Both have extensive experience in the pensions industry and are responsible for driving the company's growth and success.

For more information about XPS Pensions Group and its services, individuals can visit their website at www.xpsgroup.com. The company's registered office address is at The Walbrook Building, 25 Walbrook, London EC4N 8AQ, United Kingdom.

Financial Metrics

Cash
£13,285,000
Net Worth
-£62,819,000
Total Current Assets
£57,050,000
Total Current Liabilities
£38,776,000

Company Location