GOCOMPARE.COM FINANCE LIMITED
Company Information
- Company Number
- 10227007
- Registered Address
- Suite 2a Hodge House, 114-116 St Mary Street, Cardiff, Wales, CF10 1DY
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 June 2016
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
GOCOMPARE.COM FINANCE LIMITED exhibits a moderate payment trend, with an average payment time of 49 days. While 60% of payments are completed within 30 days, a significant 40% extend beyond this period, indicating a trajectory of slower payments for a notable portion of transactions.
Volatility Analysis
Payment reliability is moderate, with a substantial 46% of payments classified as late, indicating inconsistency in adherence to payment terms. The wide distribution, from 60% paid within 30 days to 11% paid over 60 days, points to a degree of unpredictability in payment timing, introducing higher risk for suppliers.
Summary Analysis
Suppliers should approach GOCOMPARE.COM FINANCE LIMITED with caution, anticipating that nearly half of invoices may experience payment delays beyond standard terms. Key decision factors include the 49-day average and 46% late payment rate, necessitating potential risk mitigation strategies such as stricter payment terms or upfront deposits for larger engagements.
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 | 07 Oct 2025 | 55 | 56% | 31% | 13% | 51% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 49 | 60% | 29% | 11% | 46% |
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
Our standard practice is to pay within standard or otherwise agreed payment terms on receipt of a valid and accurate invoice which quotes purchase order number, and provided we are satisfied that the goods or services have been delivered or performed in accordance with the agreement with the supplier. We operate a NO PURCHASE ORDER NO PAY policy. Any invoices received without a PO are rejected back to supplier requesting a PO, with some pre-agreed exceptions
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Any variation on standard terms must be requested on a new vendor forms and approved by the Finance Operations Director or Financial Controller
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any queries relating to payment of invoices should be sent to Accounts Payable Team The supplier should liaise with the person who orders the goods/service who placed the order to resolve any dispute or complaint.
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.
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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
Company Summary
GOCOMPARE.COM FINANCE LIMITED is a Private limited Company with a name indicating a specialisation in financial services. Its structure as a 'Limited' company defines its legal form in the UK.
Incorporated on 11 June 2016, GOCOMPARE.COM FINANCE LIMITED is an active Private limited Company. It is registered in Wales under company number 10227007, with its registered office situated at Suite 2a Hodge House, 114-116 St Mary Street, Cardiff, Wales, CF10 1DY.
Companies structured as a Private limited Company and bearing "Finance" in their name commonly operate within the financial services sector. Their activities typically encompass the provision or intermediation of various financial products and services, often including financial comparison services in the UK market.
