XPS PENSIONS GROUP PLC
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
- Website
- https://natpen.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 2 November 2012
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified74990 - Non-trading company
- Industries
- Financial Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 26 | 83% | 13% | 4% | 26% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 25 | 83% | 13% | 5% | 37% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 26 | 79% | 18% | 3% | 39% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 28 | 78% | 19% | 3% | 40% |
| 01 Oct 2021 - 31 Mar 2022 | 14 Apr 2022 | 31 | 81% | 15% | 4% | 37% |
| 01 Apr 2021 - 30 Sept 2021 | 27 Oct 2021 | 29 | 87% | 9% | 4% | 34% |
| 01 Oct 2020 - 31 Mar 2021 | 15 Apr 2021 | 33 | 80% | 13% | 7% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 12 Oct 2020 | 36 | 67% | 20% | 13% | 31% |
| 01 Apr 2019 - 30 Sept 2019 | 28 Oct 2019 | 47 | 38% | 37% | 25% | 58% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 29 | 74% | 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.