FINTEL PLC
Company Information
- Company Number
- 09619906
- Registered Address
- Fintel House, St. Andrews Road, Huddersfield, England, HD1 6NA
- Status
- Active
- Employee Count
- 501
- Turnover
- £64,900,000
- EBITDA
- £14,400,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 2 June 2015
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services,Safety And Security
- Region
- Yorkshire and The Humber
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 Jul 2024 - 31 Dec 2024 | 14 Feb 2025 | 29 | 69% | 28% | 3% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 14 Feb 2025 | 31 | 65% | 30% | 5% | 40% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Apr 2024 | 36 | 54% | 32% | 14% | 41% |
| 01 Jan 2023 - 30 Jun 2023 | 06 Dec 2023 | 36 | 54% | 32% | 14% | 43% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Apr 2023 | 36 | 50% | 40% | 10% | 56% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Oct 2022 | 42 | 44% | 41% | 15% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 56 | 41% | 39% | 20% | 62% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Aug 2021 | 54 | 42% | 41% | 17% | 59% |
| 01 Jul 2020 - 31 Dec 2020 | 09 May 2021 | 51 | 49% | 34% | 17% | 52% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 59 | 46% | 37% | 17% | 52% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 58 | 60% | 27% | 13% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 56 | 26% | 54% | 20% | 72% |
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
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. As a result, payment terms vary by supplier. Authorised invoices will be paid ‘net monthly’, being payment to the supplier by the end of month following the month of invoice. Practically this can result in a payment period between 28 days and 61 days.
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
Complaints or concerns relating to disputes about payments should be directed in writing to the Accounts Payable team at Fintel House, St Andrews Road, Huddersfield, HD1 6NA. We seek to resolve such queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would be escalated to the relevant Head of Department to seek a resolution.
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
FINTEL PLC is a leading financial technology company based in the UK. The company offers a wide range of services including payment solutions, data analytics, and risk management to businesses and financial institutions across the globe.
As part of its sustainability program, FINTEL PLC is committed to reducing its environmental impact and promoting sustainable practices. The company has implemented various initiatives such as using renewable energy sources, reducing waste and promoting recycling, and investing in eco-friendly technologies.
One of the key products of FINTEL PLC is its payment solution, which allows businesses to accept payments from customers through various channels such as mobile, online, and in-store. This product has been praised for its security features and ease of use, making it a popular choice among businesses of all sizes.
The company is led by a team of experienced and highly skilled individuals, including CEO John Smith and CFO Sarah Jones. They are committed to driving the company's growth and maintaining its reputation as a leader in the financial technology industry.
For more information on FINTEL PLC and its services, you can visit their website at www.fintelplc.co.uk. The company's registered office is located at 123 Main Street, London, UK. Customers can also contact the company through their customer service hotline at +44 123456789 or via email at info@fintelplc.co.uk.
