VIRTUSA CONSULTING & SERVICES LIMITED
Company Information
- Company Number
- 09108870
- Registered Address
- 8th Floor 26 Finsbury Square, London, England, EC2A 1DS
- Status
- Active
- Employee Count
- 645
- Turnover
- £234,353,000
- EBITDA
- £23,265,000
Additional Details
- Website
- https://www.intellectai.com/
- Company Type
- Private limited Company
- Incorporated On
- 30 June 2014
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Software
- Region
- London
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 | 24 | 83% | 16% | 1% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 15 Oct 2025 | 23 | 80% | 18% | 2% | 20% |
| 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% |
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
Payment terms are 30 days from accepting the invoice from the supplier.
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
Dispute Resolution Process
Three Tier Resolution Process: Level 1: Virtusa’s accounts payable team – vendors are encouraged to email their concerns to a dedicated email ID: AccountsPayable-UK@virtusa.com - For non-OSP (outsourced service providers) invoices. VirtusaContractorAPEur@virtusa.com – For OSP invoices Level 2: Payables Manager – Suppliers are provided with the current contact details at the time of engaging services with Virtusa. Level 3: Finance Manager – Suppliers are provided with the current contact details at the time of engaging services with Virtusa
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
VIRTUSA CONSULTING & SERVICES LIMITED is a global IT consulting and services company, providing a wide range of solutions to clients in the banking, financial services, healthcare, and telecommunications industries. The company was founded in 1996 and is headquartered in London, UK.
The company offers a variety of services including digital transformation, data management and analytics, cloud services, and software engineering. They also have a strong focus on sustainability, with a dedicated sustainability program that aims to reduce the company's environmental impact and promote social responsibility. This includes initiatives such as using renewable energy sources, reducing waste, and promoting diversity and inclusion in the workplace.
VIRTUSA CONSULTING & SERVICES LIMITED has a team of highly experienced and skilled professionals, led by key people such as Kris Canekeratne, the Chairman and CEO, and Samir Dhir, the President. They are committed to delivering innovative and high-quality solutions to their clients, while also promoting a culture of integrity and ethical business practices.
For more information about VIRTUSA CONSULTING & SERVICES LIMITED and their services, you can visit their website at www.virtusa.com. Their registered office address is located at 5th Floor, 5-6 St. James Square, London SW1Y 4JU, United Kingdom.
