INVESTEC 1 LIMITED

PaymentCheck Score 2024
96Excellent
23.1vs last year
#417 in UK
#205 in London

Company Information

Company Number
00119609
Registered Address
30 Gresham Street, London, England, EC2V 7QP
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
10 January 1912
Nature of Business
64205 - Activities of financial services holding companies
Industries
Coming Soon
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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)

Company Review

Trend Analysis

INVESTEC 1 LIMITED consistently demonstrates extremely prompt payment behavior, with an average payment time of 29 days. A remarkable 100% of invoices are settled within 30 days, indicating a strong positive trend in payment speed and reliability. This consistent performance suggests a stable trajectory for future payments within acceptable terms.

Volatility Analysis

The payment data for INVESTEC 1 LIMITED shows no volatility, with 0% of payments falling into the 31-60 days or over 60 days categories. This indicates exceptionally high reliability and predictability in their payment practices. The absence of any late payments further mitigates financial risk for suppliers.

Summary Analysis

Based on the excellent payment record, INVESTEC 1 LIMITED is a highly reliable partner for suppliers, meriting a strong positive recommendation for engagement. Key decision factors include their consistent on-time payments and zero late payment history. No specific risk mitigation strategies beyond standard contractual terms appear necessary given their exemplary payment behavior.

Performance Reports History

Reporting Period Filed: 2023-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2024 - 30 Sept 202431 Oct 202424100%0%0%0%
01 Apr 2023 - 30 Sept 202331 Oct 202329100%0%0%0%
01 Oct 2022 - 31 Mar 202325 Apr 20234742%25%33%42%
01 Apr 2022 - 30 Sept 202228 Oct 20223357%29%14%22%
01 Oct 2021 - 31 Mar 202229 Apr 20225876%0%24%0%
01 Apr 2021 - 30 Sept 202114 Oct 20212135%0%65%72%
01 Oct 2020 - 31 Mar 202104 May 20211392%0%8%14%
01 Apr 2020 - 30 Sept 202002 Nov 20202175%15%10%21%
01 Oct 2019 - 31 Mar 202030 Apr 20207545%40%15%42%
01 Apr 2019 - 30 Sept 201931 Oct 20194633%33%33%66%
01 Oct 2018 - 31 Mar 201930 Apr 20193094%0%6%11%
01 Apr 2002 - 30 Sept 201826 Oct 20182381%19%0%19%

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

Standard payment terms are 30 days, unless mutually agreed supplier contracts dictate differently. This entity has very few invoice payments so numbers can be skewed by very low volumes

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

If at any time any question, dispute or difference arises between Investec and a vendor, such question, dispute or difference should be raised by the vendor to their Investec contact managing the relationship, Any escalations should be raised to the Accounts Payable department whose contact details are available upon request.

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

INVESTEC 1 LIMITED operates as an active private limited company, a standard business structure in the UK. The company's name indicates its association with investment activities.

The organisation is registered under company number 00119609. It was incorporated on 10 January 1912 and maintains its registered office at 30 Gresham Street, London, England, EC2V 7QP.

Typically, private limited companies associated with investment in the UK market provide a range of financial services. These often include wealth management, asset management, corporate finance advice, and private banking solutions for individuals and organisations.

Financial Metrics

Cash
£12,400,000
Net Worth
£1,400,000,000
Total Current Assets
£53,100,000
Total Current Liabilities
£619,300,000

Company Location