ABRDN FUND MANAGERS LIMITED

PaymentCheck Score 2024
72Fair
26.8vs last year
#2782 in UK
#1161 in London

Company Information

Company Number
00740118
Registered Address
280 Bishopsgate, London, United Kingdom, EC2M 4AG
Status
Active
Employee Count
0
Turnover
£226,265,000
EBITDA
£1,866,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 November 1962
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
3 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 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: 2024-07-31
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 202407 Feb 20252968%0%32%32%
01 Jan 2023 - 30 Jun 202329 Nov 20231097%3%0%0%
01 Jul 2022 - 31 Dec 202229 Nov 20233480%12%8%20%
01 Jan 2022 - 30 Jun 202231 Jul 202215100%0%0%0%

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

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

60

Dispute Resolution Process

We have a strict No PO No Pay policy all disputes are handled by the business area who have procured the Goods/Services direct with suppliers.

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

ABRDN Fund Managers Limited, formerly known as Aberdeen Standard Investments, is a leading global investment management company based in Edinburgh, Scotland. They provide a wide range of financial products and services to institutional and individual investors across the world.

The company offers a variety of sustainable investment solutions, including ethical, socially responsible, and environmental funds. They have a dedicated team of experts who focus on integrating environmental, social, and governance (ESG) factors into their investment decisions, ensuring long-term sustainable growth for their clients.

ABRDN Fund Managers Limited is committed to promoting sustainability in all aspects of their operations. They have set ambitious environmental targets, such as reducing their carbon footprint and increasing their use of renewable energy sources. They also prioritize responsible investing and engagement with companies to drive positive change.

The key people at ABRDN Fund Managers Limited include its CEO, Stephen Bird, and its Chief Investment Officer, Rod Paris. The company has a team of over 1,000 investment professionals worldwide, who have expertise in a wide range of asset classes and investment strategies.

Their website, www.abrdn.com, provides comprehensive information about their products and services, as well as the company's sustainability efforts. The registered office address for ABRDN Fund Managers Limited is 10 Queens Terrace, Aberdeen AB10 1YG, United Kingdom.

In summary, ABRDN Fund Managers Limited is a leading investment management company with a strong commitment to sustainability. They offer a range of sustainable investment solutions and have set ambitious environmental targets. With a team of experienced professionals and a user-friendly website, the company is well-equipped to meet the diverse needs of their clients.

Financial Metrics

Cash
£36,239,000
Net Worth
£34,997,000
Total Current Assets
£206,495,000
Total Current Liabilities
£171,423,000

Company Location