ARBUTHNOT LATHAM CO LIMITED
Company Information
- Company Number
- 00819519
- Registered Address
- Arbuthnot House, 7 Wilson Street, London, EC2M 2SN
- Status
- Active
- Employee Count
- 700.0
- Turnover
- 141599000.0
- EBITDA
- 16166000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 September 1964
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 16 | 90% | 8% | 2% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 15 | 91% | 7% | 2% | 15% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 16 | 90% | 7% | 3% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 16 | 91% | 7% | 2% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 17 | 88% | 9% | 3% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 16 | 90% | 8% | 2% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 13 | 92% | 7% | 1% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 12 | 94% | 5% | 1% | 11% |
Company Summary
ARBUTHNOT LATHAM & CO., LIMITED is a leading private and commercial bank based in the United Kingdom
The company offers a wide range of financial products and services to its clients, including private banking, corporate banking, wealth management, and treasury services
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility
These include reducing paper usage, implementing energy-efficient practices, and supporting local communities through charitable donations and volunteering
ARBUTHNOT LATHAM & CO., LIMITED is known for its exceptional customer service and has a team of experienced professionals who provide personalized and tailored solutions to meet the specific needs of their clients
The company's key people include the CEO, Ian Henderson, and the Chairman, Henry Angest
Customers can access ARBUTHNOT LATHAM & CO., LIMITED's products and services through their website or by visiting their registered office at 7 Wilson Street, London, EC2M 2SN
The bank also has branches in Manchester, Exeter, Bristol, and Dubai
In summary, ARBUTHNOT LATHAM & CO., LIMITED is a reputable and sustainable bank that offers a wide range of financial products and services
With its commitment to sustainability and focus on customer satisfaction, the company continues to be a preferred choice for individuals and businesses in the UK
Company Review
Trend Analysis
The average time to pay for ARBUTHNOT LATHAM & CO., LIMITED has been increasing over the past three periods, starting at 12 days in the first period, and reaching a peak of 17 days in the fourth period. However, there has been a slight decrease in the last two periods, with the average time to pay dropping to 15 days in the seventh period.
Volatility Analysis
The average time to pay for ARBUTHNOT LATHAM & CO., LIMITED has shown some volatility over the past three periods, with the highest average time to pay being 17 days in the fourth period and the lowest being 12 days in the first period. However, there has been a slight decrease in volatility in the last two periods, with the average time to pay staying at 16 days.
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 from receipt of invoice; however, we do accept different payment terms from suppliers to accommodate different circumstances and invoices are normally settled as soon as approved for payment.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
Disputes are initially dealt with by the business contact that placed the order. Where disputes escalate, they are dealt with in accordance with the process detailed in individual supplier contracts.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available