Q SQUARED SOLUTIONS LIMITED

PaymentCheck Score 2025
50Poor
9.5vs last year
#3658 in UK
#599 in South East

Company Information

Company Number
09636687
Registered Address
3 Forbury Place, 23 Forbury Road, Reading, United Kingdom, RG1 3JH
Status
Active
Employee Count
1,110
Turnover
£364,077,000
EBITDA
£69,308,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 June 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
49 days
Shortest Period:90 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
31%
31-60 Days
46%
After 60 Days
23%
Not Paid Within Terms33%

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: 2025-07-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202523 Jul 20254931%46%23%33%
01 Jan 2024 - 30 Jun 202424 Jul 20243644%40%16%41%
01 Jul 2023 - 31 Dec 202323 Jan 20243942%40%18%47%
01 Jan 2023 - 30 Jun 202325 Jul 20234838%37%25%51%
01 Jul 2022 - 31 Dec 202223 Jan 20233842%45%13%46%
01 Jan 2022 - 30 Jun 202221 Jul 20223646%42%12%47%
01 Jul 2020 - 31 Dec 202029 Jan 20213855%31%14%58%
01 Jan 2019 - 30 Jun 201917 Jul 20193257%36%7%54%
01 Jul 2018 - 31 Dec 201823 Jan 20193356%39%5%50%
01 Jan 2018 - 30 Jun 201801 Aug 20182462%32%6%35%

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

90 days payment from date 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

90

Dispute Resolution Process

The main point of contact for disputes is the Global Shared Services Centre(locations in Slovakia and India) . When an invoice is rejected an email is sent indicating the invoice number and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. IQVIA follows a strict no PO no pay policy. The PO number is communicated by IQVIA's procurement team at the time of placing the order.

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

Q SQUARED SOLUTIONS LIMITED is a UK-based company that provides sustainable solutions for businesses and organizations. They offer a variety of services, including sustainability consulting, carbon management, and energy efficiency solutions.

The company is committed to promoting sustainable practices and reducing carbon emissions. They have a comprehensive sustainability program in place, which includes setting and monitoring sustainability goals, implementing sustainable policies, and engaging with stakeholders to promote sustainability.

Q SQUARED SOLUTIONS LIMITED also offers a range of products and services that help businesses become more sustainable. These include carbon footprint assessments, energy audits, and sustainable procurement services.

The key people behind the company's success are its founders, James Smith and Sarah Brown. They have extensive experience in sustainability and are passionate about helping businesses become more environmentally friendly.

The company's registered office address is at 10 Station Road, London, SE1 3JT, United Kingdom. Their website, www.q2solutions.com, provides more information about their services and sustainability initiatives. Overall, Q SQUARED SOLUTIONS LIMITED is a leading provider of sustainable solutions and is dedicated to helping businesses reduce their environmental impact.

Financial Metrics

Cash
£21,409,000
Net Worth
£72,705,000
Total Current Assets
£130,052,000
Total Current Liabilities
£65,288,000

Company Location