THREADNEEDLE PORTFOLIO SERVICES LIMITED

PaymentCheck Score 2024
99Excellent
16.8vs last year
#202 in UK
#101 in London

Company Information

Company Number
00285988
Registered Address
Cannon Place, 78 Cannon Street, London, EC4N 6AG
Status
Active
Employee Count
43
Turnover
£32,030,000
EBITDA
£16,369,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 March 1934
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
12 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)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202428 Jan 202512100%0%0%0%
01 Jan 2024 - 30 Jun 202429 Jul 20241396%4%0%7%
01 Jan 2023 - 30 Jun 202324 Jul 20232073%24%1%27%
01 Jul 2022 - 31 Dec 202224 Jan 20231791%6%3%4%
01 Jan 2022 - 30 Jun 202229 Jul 20221393%7%0%13%
01 Jul 2021 - 31 Dec 202124 Jan 20221496%4%0%2%
01 Jan 2021 - 30 Jun 202127 Jul 20211197%3%0%2%
01 Jan 2020 - 30 Jun 202027 Jul 2020998%2%0%3%
01 Jan 2019 - 30 Jun 201922 Jul 20198100%0%0%2%
01 Jul 2018 - 31 Dec 201828 Jan 201910100%0%0%0%
01 Jan 2018 - 30 Jun 201803 Aug 20181496%4%0%4%

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

The company aims to settle correctly stated, undisputed supplier invoices in accordance with the terms specified on the invoice or in an underlying legal contract. Where there are no explicitly stated payment terms, the company’s policy is to settle correctly stated, undisputed invoices within 30 days.

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

To the extent a supplier’s contract includes terms on dispute resolution, the company seeks to follow the agreed process set out in those terms. In the absence of such terms, the company aims to resolve disputes with suppliers fairly and on a timely basis. Typically, disputes are resolved through discussion by the relevant business or procurement manager with the third-party supplier contact. Where a dispute remains unresolved after some time, the matter will be escalated to senior management to attempt to expedite a resolution.

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

THREADNEEDLE PORTFOLIO SERVICES LIMITED is a UK-based investment management company that offers a range of sustainable investment products and services. They are committed to promoting ethical and responsible investing, while delivering long-term growth for their clients.

The company's sustainability program is a key focus, with a dedicated team responsible for integrating environmental, social, and governance (ESG) factors into their investment decisions. This includes actively engaging with companies to promote sustainable practices and reduce their carbon footprint.

Their products and services include a variety of sustainable investment funds, including equities, fixed income, and multi-asset portfolios. These funds are managed by a team of experienced investment professionals who combine thorough research and analysis with a sustainable approach to investing.

THREADNEEDLE PORTFOLIO SERVICES LIMITED also offers bespoke solutions for institutional clients, tailored to their specific sustainability objectives. They work closely with their clients to understand their values and goals, and develop investment strategies that align with these principles.

Some key people at THREADNEEDLE PORTFOLIO SERVICES LIMITED include their CEO, William Davies, and their Head of Responsible Investment, Sarah Norris. They have a team of over 200 employees, with offices in London and Edinburgh.

Their website address is www.threadneedle.co.uk, where clients can find information about their products and services, as well as access to their client portal. Their registered office address is 60 St Mary Axe, London, EC3A 8JQ.

In summary, THREADNEEDLE PORTFOLIO SERVICES LIMITED is a leading sustainable investment management company that offers a range of products and services to help clients achieve their financial goals while making a positive impact on the environment and society.

Financial Metrics

Cash
£2,945,000
Net Worth
£40,442,000
Total Current Assets
£51,336,000
Total Current Liabilities
£10,300,000

Company Location