Score of 85.6/100 qualifies for PaymentCheck Certification
| 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 Oct 2025 - 31 Mar 2026 | 30 Apr 2026 | 22 | 87% | 12% | 1% | 13% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 24 | 83% | 16% | 1% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 15 Oct 2025 | 23 | 80% | 18% | 2% | 20% |
| 01 Apr 2024 - 30 Sept 2024 | 11 Nov 2024 | 23 | 79% | 19% | 2% | 21% |
| 01 Apr 2023 - 20 Sept 2023 | 01 Nov 2023 | 30 | 52% | 45% | 3% | 48% |
| 01 Oct 2022 - 31 Mar 2023 | 12 May 2023 | 25 | 79% | 20% | 1% | 21% |
| 01 Apr 2022 - 30 Sept 2022 | 24 Oct 2022 | 26 | 80% | 17% | 3% | 20% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 26 | 78% | 18% | 4% | 22% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 25 | 78% | 19% | 3% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 22 Apr 2021 | 22 | 88% | 10% | 2% | 12% |
| 01 Apr 2020 - 30 Sept 2020 | 20 Oct 2020 | 29 | 75% | 21% | 4% | 25% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 28 | 67% | 29% | 4% | 33% |
| 01 Apr 2019 - 30 Sept 2019 | 03 Apr 2020 | 32 | 72% | 22% | 6% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are 30 days from accepting the invoice from the suppliers.
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
30
Three-Tier Resolution Process Virtusa has established a structured three-tier escalation process to address and resolve supplier payment-related concerns: Level 1 – Accounts Payable Team Vendors are encouraged to raise their concerns by emailing the dedicated Accounts Payable team at:AccountsPayable-UK@virtusa.com – for non-OSP (Outsourced Service Provider) invoices VirtusasContractorAPEUR@virtusa.com – for OSP(Outsourced Service Provider) invoices. Level 2 – Payables Manager If the issue remains unresolved at Level 1, suppliers may escalate the matter to the Payables Manager. Suppliers are provided with the relevant contact details at the time of engagement with Virtusa. Level 3 – Finance Manager For any matters requiring further escalation beyond the Payables Manager, suppliers can contact the Finance Manager. The necessary contact details are shared with suppliers during the service onboarding process.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Virtusa Consulting & Services Limited is a UK-registered private limited company incorporated in 2014, originally named Intellect Design Arena Limited and later Polaris Consulting & Services Limited before adopting its current name. Companies House records its nature of business as other information technology service activities. The company has historically been linked to the wider Virtusa group, with past significant control held by Virtusa Consulting Services Private Limited, registered in India, and Virtusa International BV, registered in the Netherlands, though both ceased to be persons with significant control in March 2022. The company currently states it has no registrable person with significant control. It operates from London and remains active on the register.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk