WESTERN UNION PAYMENT SERVICES GB LIMITED
Company number: 11326797
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
23 July 2026
Approved by:
Graham Baker
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 24 days
Total value paid:
- within 30 days: £253,922 (86%)
- in 31 to 60 days: £14,135 (5%)
- in 61 days or more: £27,755 (9%)
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 9%
- in 61 days or more: 1%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £27,755
- payments due in the reporting period which have not been paid within the agreed period: 1%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
60 days
Standard payment terms
Payment within 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No comment
Any other information about payment terms
1.4% of invoices were paid outside of the maximum standard payment terms of 60 days. This represents 2 invoices out of 142 during the reporting period. One invoice was late as it was received after the due date, approved immediately upon receipt, and paid the following day. For the other invoice, there was a dispute that delayed payment. The goods were not fully delivered, as three items from the order were missing in transit. As a result, the business could not complete the goods receipt until the missing items were replaced and received. This delayed the Goods Receipt approval and subsequent payment.
Dispute resolution process
Disputes are resolved through discussion and the investigation and presentation of relevant evidence. If this process
failed to resolve a dispute the business would be prepared to submit to the decision of an agreed independent
arbitrator, but this has not occurred during the reporting period.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No