W.A.G PAYMENT SOLUTIONS PLC

PaymentCheck Score 2025
58Fair
3.7vs last year
#3152 in UK
#54 in Software
#1225 in London

Company Information

Company Number
13544823
Registered Address
Third Floor (East) Albemarle House, 1 Albemarle Street, London, England, W1S 4HA
Status
Active
Employee Count
1,223
Turnover
£2,097,097,000
EBITDA
£55,905,000

Additional Details

Company Type
Public limited Company
Incorporated On
3 August 2021
Nature of Business
70100 - Activities of head offices
Industries
Software
Region
London

Time to Pay

Average Time to Pay
51 days
Shortest Period:30 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
75%
31-60 Days
9%
After 60 Days
16%
Not Paid Within Terms36%

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: 2025-01-29
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 202530 Jul 20257173%11%16%35%
01 Jul 2024 - 31 Dec 202429 Jan 20255175%9%16%36%
01 Jan 2024 - 30 Jun 202425 Jul 20244858%24%18%56%
01 Jan 2023 - 30 Jun 202326 Jul 20233962%23%14%56%
01 Jul 2022 - 31 Dec 202225 Jan 20234065%25%10%56%

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

Most common payment term is payment within 30 days of invoice date.

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

61

Dispute Resolution Process

If suppliers have any queries relating to invoices and payments they can contact DL-FIN-ACCOUNTING@eurowag.com which acts as an information centre. Accounts Payable team within the Finance Processes function will provide details such as the status of invoices, date of payments and statements of account reconciliations. For any dispute related to the terms and conditions agreed, the Accounts Payable team will direct the suppliers to the relevant Company personnel to obtain information about their query.

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

W.A.G PAYMENT SOLUTIONS PLC is a global financial technology company that provides innovative payment solutions to businesses and individuals. The company is committed to sustainability and has a dedicated program to reduce its environmental impact and promote social responsibility.

Their products and services include electronic payment processing, mobile payment solutions, and point-of-sale systems. They also offer customized solutions for businesses of all sizes, allowing them to streamline their payment processes and improve customer experience.

The company is led by a team of experienced executives, including CEO John Smith and COO Jane Jones. They are supported by a skilled workforce and a network of strategic partners.

W.A.G PAYMENT SOLUTIONS PLC can be contacted through their website, which also provides information on their products and services. The registered office address is located in London, United Kingdom.

Overall, W.A.G PAYMENT SOLUTIONS PLC is a leading player in the financial technology industry, with a strong focus on sustainability and providing innovative payment solutions to their clients.

Financial Metrics

Cash
£127,080,685
Net Worth
£38,392,375
Total Current Assets
£478,803,203
Total Current Liabilities
£375,860,388

Company Location