Company Directory - Post Office Limited
Company Details - Post Office Limited
Post Office Limited
WebsiteLondon, United Kingdom
11 Locations
Post Office Limited is the government-owned postal service in the UK, providing a wide range of postal and financial services, including sending and receiving mail, banking, and insurance services. It operates across the UK, offering essential services to individuals and businesses alike, while playing a key role in local communities.
CCI Score
CCI Score: Post Office Limited
-30.46
0.05%
Latest Event
Post Office retains flawed Horizon IT system at high public cost
Post Office Limited has paid over £600m in public funds to extend its contract with Fujitsu for the problematic Horizon IT system. Despite longstanding warnings about the system's flaws and its role in wrongful prosecutions of sub-postmasters, the government-owned entity remains locked into the arrangement, reflecting problematic business practices and political decision-making.
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TOADIE
Post Office Limited is currently rated as a Toadie.
Latest Events
- APR252025
Post Office Limited has paid over £600m in public funds to extend its contract with Fujitsu for the problematic Horizon IT system. Despite longstanding warnings about the system's flaws and its role in wrongful prosecutions of sub-postmasters, the government-owned entity remains locked into the arrangement, reflecting problematic business practices and political decision-making.
-50
Public and Political Behavior
May 23
The decision appears influenced by historical political pressure and policy inertia, continuing a problematic legacy that has harmed marginalized sub-postmasters. The reliance on a flawed system despite warnings signals a failure in public accountability.
-70
Business Practices and Ethical Responsibility
May 23
By spending over £600m to maintain a system known to be faulty—and which contributed to wrongful prosecutions—the Post Office demonstrates unethical business practices and a disregard for accountability in the management of public funds.
-60
Technology and Services Impact
May 23
The continued reliance on the defective Horizon system—despite its history of error and lack of transparency—illustrates significant technological mismanagement that undermines trust and accountability in public service operations.
- NOV112024
Business Secretary Jonathan Reynolds acknowledged that a problematic corporate culture lies at the heart of the Horizon scandal at Post Office, contributing to delayed and insufficient compensation for subpostmasters, while signalling intentions for reform through increased redress efforts.
-40
Labor Relations and Human Rights Practices
May 23
The Horizon scandal exposed deep-rooted issues in the Post Office’s corporate culture, which have led to delayed and inadequate compensation for subpostmasters. This represents a failure in upholding labor rights and fair treatment, reflecting poorly on the company's ethical responsibility toward its workers.
Post Office corporate culture at root of Horizon scandal – business secretary
+20
Executive Political Engagement
May 23
Business Secretary Jonathan Reynolds’s admission of ultimate responsibility and his commitment to speeding up compensation efforts indicate a positive instance of executive political engagement. This reflects an effort to address past deficiencies, even as systemic issues persist.
Post Office corporate culture at root of Horizon scandal – business secretary
- APR032024
Post Office Limited deployed the Horizon computerized system despite known defects, resulting in incorrect account shortfalls that forced sub-postmasters to cover non-existent losses, leading to wrongful prosecutions, severe financial hardship, and even suicides. The company's decision to maintain a flawed system to protect its revenue highlights a clear disregard for the rights and welfare of its key stakeholders.
-80
Labor Relations and Human Rights Practices
May 23
Post Office Limited was aware of critical defects in its Horizon system yet chose to defend and continue its use, despite the disproportionate burden placed on sub-postmasters. These individuals, operating under vulnerable contractual terms, suffered significant financial and personal harm due to wrongful accusations and prosecutions. This action reflects a severe neglect of labor rights and ethical responsibility.
- FEB082024
Post Office Limited participated in a mediation session and issued a joint statement confirming its commitment to reset its relationship with postmasters. The company improved its board structure by including two non‐executive director postmasters nominated and elected by postmasters, as discussed in a UK Parliament debate, signaling steps toward transparency and accountability in response to past compensation and management issues.
+40
Public and Political Behavior
May 23
The mediation session and subsequent board restructuring signal a proactive, politically responsible approach by Post Office Limited. By inviting postmasters to have a voice on the board, the company demonstrates a commitment to increased transparency and accountability, aligning with progressive governance practices.
+50
Labor Relations and Human Rights Practices
May 23
The inclusion of postmasters on the board directly improves labor relations by ensuring that the voices and concerns of those affected by past mismanagement are represented. This move supports fair treatment and accountability, particularly benefiting marginalized groups who have suffered from the historical compensation issues.
- NOV292023
In response to the longstanding Horizon IT scandal that led to wrongful prosecutions of postmasters, the government introduced the Post Office (Horizon System) Compensation Bill on 29 November 2023. This legislation builds on a previous step in September 2023, when Post Office Limited offered an upfront compensation of £600,000 to affected postmasters, aiming to redress severe injustices.
+40
Labor Relations and Human Rights Practices
May 23
Post Office Limited's earlier compensation offer of £600,000 represents a remedial effort to address the significant human rights and labor injustices suffered by postmasters due to the flawed Horizon IT system. While this step supports the rights of affected workers, the necessity for government intervention to extend compensation deadlines underscores that the company’s past practices inflicted serious harm, necessitating further corrective measures.
- SEP182023
Following decades of wrongful convictions linked to a faulty IT system at Post Office Limited, the UK government has offered compensation of £600,000 per wrongly convicted worker. The incident highlights long-standing failures in labor practices and system accountability, which led to severe harm against workers.
-50
Labor Relations and Human Rights Practices
May 23
The wrongful convictions attributed to a faulty IT system reveal deep flaws in labor relations and human rights practices at Post Office Limited. Although compensation is being offered, the remedial action comes after significant harm to workers, underscoring systemic issues and an exploitative corporate practice that undermines workers’ rights.
UK offers wrongfully convicted Post Office workers £600,000 each
- DEC012022
An inquiry revealed that Post Office routinely fired permanent IT staff and rehired them as contractors at significantly inflated rates. Company executives were aware of the practice but failed to intervene, raising serious concerns over labor relations and ethical management.
-80
Labor Relations and Human Rights Practices
May 23
The 'flipping' practice, where permanent IT staff are released and rehired as contractors at grossly inflated pay rates, directly undermines workers' rights and fair labor practices. This exploitative maneuver not only breaches standard employment protocols but also places undue financial and administrative risk on the company.
Post Office fired and rehired IT staff on hugely inflated pay rates
-50
Executive Political Engagement
May 23
The revelation that CEO Nick Read and other executives were aware of and tacitly endorsed the 'flipping' practice without intervention signals a significant lapse in ethical leadership and executive political engagement. This inaction contributes to the erosion of worker protections and public trust.
Post Office fired and rehired IT staff on hugely inflated pay rates
- AUG012021
The article details how Post Office Limited repeatedly withheld information regarding known software bugs in its Horizon system, which led to wrongful prosecutions and severe personal consequences for sub-postmasters. The failures in disclosing errors, mismanagement of technical evidence, and abuse of the disclosure process have raised serious concerns about the company's ethical practices and its impact on public trust in the judicial system.
-60
Public and Political Behavior
May 23
The intentional non-disclosure and mismanagement of technological evidence undermined the fairness of legal proceedings and public accountability, thereby eroding trust in democratic oversight and the justice system.
-70
Business Practices and Ethical Responsibility
May 23
Post Office Limited’s deliberate failure to disclose known Horizon software bugs, which resulted in flawed prosecutions and significant harm to affected sub-postmasters, reflects a serious breach in ethical business practices and corporate responsibility.
- JAN012019
A 2019 High Court judgment exposed that Post Office Limited had wrongfully prosecuted hundreds of postmasters based on the known flaws in its Horizon accounting system, resulting in wrongful convictions, forced repayments, and taxpayer-funded compensation estimated at around £2bn. This case highlights severe corporate misconduct impacting vulnerable workers and communities.
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Corporate Financials
- Revenue
- 2025
- $1.37B
- Total Assets
- 2025
- $474.00M
Employees: 0
Industries
- 491110
- Postal Service
- 492110
- Couriers and Express Delivery Services