WORLDLINE IT SERVICES UK LIMITED

PaymentCheck Score 2022
79Good
7.2vs last year
#1841 in UK
#30 in Information Technology
#70 in East Midlands

Company Information

Company Number
08514184
Registered Address
1 Technology Drive, Beeston, Nottingham, England, NG9 1LA
Status
Active
Employee Count
468
Turnover
£79,231,000
EBITDA
£7,542,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 May 2013
Nature of Business
62020 - Information technology consultancy activities
62090 - Other information technology service activities
63990 - Other information service activities not elsewhere classified
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
East Midlands

Time to Pay

Average Time to Pay
27 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
61%
31-60 Days
33%
After 60 Days
6%
Not Paid Within Terms9%

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: 2023-03-03
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 202203 Mar 20232761%33%6%9%
01 Jan 2022 - 30 Jun 202203 Aug 20222667%26%7%7%
01 Jan 2021 - 30 Jun 202130 Jul 20213255%33%12%12%
01 Jan 2019 - 30 Jun 201929 Jul 20193851%36%13%59%

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

For SMEs Worldline has standard payment terms of 60 days from invoice date. For other suppliers worldline has standard payment terms of 60 days from invoice date.

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

90

Dispute Resolution Process

For information regarding Worldline Supplier Profile, Invoice, Payments, Disutes or Purchase orders please contact worldline at GFS.PTP.queries@worldline.com. If supplier queries are not resolved within a reasonable timeframe the matter will be escalated to worldline procurement leadership.

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

WORLDLINE IT SERVICES UK LIMITED is a leading technology and digital solutions provider based in the UK. The company offers a wide range of services including consulting, integration, and outsourcing to clients in various industries.

Their sustainability program is focused on reducing their environmental impact through various initiatives such as energy-efficient technologies, waste management, and promoting sustainable practices among their employees. They also work closely with their clients to develop sustainable solutions and promote environmental responsibility.

The company's products and services are tailored to meet the specific needs of their clients, ranging from small businesses to large corporations. They offer digital payment solutions, cybersecurity services, and cloud computing solutions to help businesses streamline their operations and enhance their digital presence.

The key people at WORLDLINE IT SERVICES UK LIMITED include their CEO, Marc-Henri Desportes, and their Managing Director, Ian Hughes. Their team of experienced professionals is dedicated to providing innovative and high-quality solutions to their clients.

For more information on their services and products, interested parties can visit their website at www.worldline.com/uk/home.html. The company's registered office address is 4 Triton Square, Regent's Place, London, NW1 3HG, United Kingdom.

In conclusion, WORLDLINE IT SERVICES UK LIMITED is a reputable and sustainable technology company that offers a wide range of solutions to help businesses thrive in the digital world. With their focus on sustainability and a team of skilled professionals, they continue to be a leader in the UK technology industry.

Financial Metrics

Cash
£61,253,000
Net Worth
£27,807,000
Total Current Assets
£115,220,000
Total Current Liabilities
£99,782,000

Company Location