XPS ADMINISTRATION LIMITED

PaymentCheck Score 2025
80Good
6.0vs last year
#1797 in UK
#300 in South East

Company Information

Company Number
09428346
Registered Address
Phoenix House, 1 Station Hill, Reading, England, RG1 1NB
Status
Active
Employee Count
834
Turnover
£73,999,000
EBITDA
£9,006,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 February 2015
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
73%
31-60 Days
24%
After 60 Days
3%
Not Paid Within Terms35%

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 20252980%17%3%33%
01 Oct 2023 - 31 Mar 202429 Apr 20242969%28%3%41%
01 Apr 2023 - 30 Sept 202330 Oct 20233161%35%4%42%
01 Apr 2022 - 30 Sept 202227 Oct 20223368%28%4%41%
01 Oct 2021 - 31 Mar 202214 Apr 20223471%23%6%41%

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 Administration Limited is a UK-based company that specializes in providing pension administration and consultancy services. The company was founded in 1993 and is currently headquartered in London.

Their sustainability program is focused on reducing their environmental impact and promoting ethical practices within their operations. They have implemented various initiatives such as reducing paper usage, promoting recycling, and using sustainable office supplies.

XPS Administration Limited offers a wide range of services including pension scheme administration, actuarial consulting, investment consulting, and risk management. They work with both private and public sector clients, helping them to manage their pension schemes effectively.

The key people at XPS Administration Limited include the CEO, Paul Cuff, who has over 25 years of experience in the pensions industry, and the CFO, Philip Smith, who has a background in finance and accounting.

Their website, www.xpsgroup.com, provides detailed information about their services and also includes a news section where clients can stay updated on the latest developments in the pensions industry. The registered office address for XPS Administration Limited is 11 Monument Street, London, EC3R 8AF, United Kingdom.

In summary, XPS Administration Limited is a leading company in the UK that provides pension administration and consultancy services. They have a strong focus on sustainability and offer a wide range of services to help clients effectively manage their pension schemes. Their experienced team and informative website make them a reliable choice for any pension-related needs.

Financial Metrics

Cash
£3,828,000
Net Worth
-£758,000
Total Current Assets
£16,462,000
Total Current Liabilities
£18,271,000

Company Location