REFINITIV LIMITED
Company Information
- Company Number
- 00145516
- Registered Address
- Five Canada Square, Canary Wharf, London, England, E14 5AQ
- Status
- Active
- Employee Count
- 1,926
- Turnover
- £2,308,000,000
- EBITDA
- £140,000,000
Additional Details
- Website
- https://refinitiv.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 December 1916
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Data, Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 27 | 66% | 32% | 2% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 19 | 74% | 25% | 1% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 25 | 51% | 47% | 2% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 29 | 45% | 52% | 3% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 29 | 42% | 55% | 3% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 21 | 64% | 34% | 2% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 28 | 52% | 45% | 3% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 69% | 29% | 2% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 25 | 65% | 33% | 2% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 23 | 55% | 44% | 2% | 7% |
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 for as defined by the company's Purchasing Policy are 60 days. We commit to making payment of all undisputed sums due to third party suppliers within the committed pay terms, basis timely submission of a valid invoice to our Accounts Payable department with relevant details such as PO number/contact name. Few suppliers are setup with a shorter/longer pay terms based on negotiated contracts
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
60
Dispute Resolution Process
Payment processing is dealt with by the Accounts Payable function and any supplier payment queries that may arise are actioned by the team. In the event, where the issue is not resolved, the query will be discussed between the supplier and relevant contractual service owner or finance personnel to ensure satisfactory resolution for both parties.
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
REFINITIV LIMITED is a leading global provider of financial market data and infrastructure. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program focuses on three key areas: reducing carbon emissions, promoting sustainable business practices, and supporting local communities. They have set ambitious targets to reduce their carbon footprint and have implemented energy-efficient measures in their offices and data centers.
In terms of products and services, REFINITIV offers a wide range of financial data and trading solutions to its clients, including banks, financial institutions, and government agencies. Their flagship product, Eikon, is a powerful financial analysis platform that provides real-time market data, news, and analytics to help their clients make informed decisions.
The company is led by a team of experienced executives, including CEO David Craig, who has been with the company for over 20 years. They have a strong commitment to diversity and inclusion, with a focus on promoting gender equality and supporting underrepresented groups.
REFINITIV's registered office address is 1500 Crown Colony Drive, Quincy, MA 02169, USA. Their website, www.refinitiv.com, provides information on their products and services, sustainability efforts, and contact information for their offices around the world.
