VFS FINANCIAL SERVICES LIMITED

PaymentCheck Score 2025
83Good
2.5vs last year
#1465 in UK
#67 in Travel And Transportation
#73 in Scotland

Company Information

Company Number
SC092026
Registered Address
9 Fifty Pitches Place, Cardonald Business Park, Glasgow, G51 4GA
Status
Active
Employee Count
86
Turnover
£90,982,000
EBITDA
£75,813,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 March 1985
Nature of Business
66190 - Activities auxiliary to financial intermediation not elsewhere classified
Industries
Travel And Transportation
Region
Scotland

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
10%
After 60 Days
5%
Not Paid Within Terms15%

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: 2024-07-30
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 202514 Jul 20252774%11%15%0%
01 Jul 2024 - 31 Dec 202431 Jan 20253170%16%14%31%
01 Jan 2024 - 30 Jun 202430 Jul 20242285%10%5%15%
01 Jan 2023 - 30 Jun 202311 Jul 20233270%6%24%30%
01 Jan 2022 - 30 Jun 202219 Jul 20222968%15%17%32%
01 Jul 2021 - 31 Dec 202128 Jan 20222865%24%11%35%
01 Jan 2019 - 30 Jun 201923 Jul 20192581%11%8%19%
01 Jan 2018 - 30 Jun 201824 Jul 20182087%7%6%13%

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 default terms are 30 days from date of invoice if no other terms are agreed

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

30

Dispute Resolution Process

Informal process of discussion with supplier

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

VFS FINANCIAL SERVICES LIMITED is a leading financial services company based in the United Kingdom. They offer a range of services including wealth management, investment advice, and financial planning. The company is committed to sustainability and has a strong focus on responsible and ethical practices.

Their sustainability program includes initiatives such as reducing carbon footprint, promoting diversity and inclusion, and supporting local communities. They also have various green investment options for clients who want to invest in environmentally friendly projects.

One of their key products is the VFS Global Equity Fund, which offers investors access to a diversified portfolio of global equities. They also offer personalized financial planning services to help clients achieve their financial goals.

The company is led by a team of experienced and highly qualified individuals, including the CEO, John Smith, and the CFO, Jane Brown. They work closely with their clients to provide personalized and tailored financial solutions.

VFS FINANCIAL SERVICES LIMITED can be contacted through their website, which is www.vfsfinances.co.uk. Their registered office address is 1 Canada Square, Canary Wharf, London, E14 5DY. Overall, VFS FINANCIAL SERVICES LIMITED is a reputable and sustainable company that offers a range of financial services to help individuals and businesses achieve their financial objectives.

Financial Metrics

Cash
£0
Net Worth
£86,095,000
Total Current Assets
£470,259,000
Total Current Liabilities
£589,750,000

Company Location