J.P. MORGAN EUROPE LIMITED
Company Information
- Company Number
- 00938937
- Registered Address
- 25 Bank Street, Canary Wharf, London, E14 5JP
- Status
- Active
- Employee Count
- 814
- Turnover
- £1,231,000,000
- EBITDA
- £37,000,000
Additional Details
- Website
- https://www.chase.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 18 September 1968
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Financial Services, 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 2025 - 30 Jun 2025 | 31 Jul 2025 | 17 | 88% | 11% | 1% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 19 | 86% | 13% | 1% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 20 | 85% | 14% | 1% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 18 | 89% | 10% | 0% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 15 | 90% | 10% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 14 | 90% | 9% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 12 | 92% | 7% | 1% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 15 | 87% | 11% | 1% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 20 | 86% | 11% | 3% | 4% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 21 | 81% | 15% | 4% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 24 | 78% | 20% | 2% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 16 | 86% | 10% | 4% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 14 | 92% | 6% | 2% | 12% |
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
Each JPMorgan Chase group company’s (JPMC) standard payment terms are “2% 10; net 60”, unless different terms are negotiated under contract or mandated by law in a particular country, meaning JPMC pays undisputed amounts within 60 days from receipt of an accurate invoice and may take a two percent discount off any amounts due under an accurate invoice as long as it pays within 10 business days from receipt. JPMC’s standard form contract typically used for higher risk engagements has standard payment terms of 2% 10; net 60 (as above). JPMC’s standard form contracts typically used for lower/minimal risk engagements have standard payment terms of 45 days after receipt of a correct invoice. JPMC’s standard purchase order terms and conditions typically used for minimal risk engagements have standard payment terms of 2% 10; net 60. Where payments are made by credit card (virtual card payment), payment terms have been aligned to our standard payment terms and will be evaluated against net 60-day terms rather than pay immediately upon invoice approval.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
A qualifying contract may set out a dispute resolution process. The sophistication of this process depends on the risk rating and therefore complexity of the contract, with contracts used for higher risk engagements containing a multi-tiered (or escalation) dispute resolution clause. Practically, and even in the absence of an escalation/dispute resolution clause in a qualifying contract, an internal escalation process is followed which is materially consistent, as regards JPMC, with a multi-tiered contractual clause.
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
J.P. Morgan Europe Limited is the European arm of the global financial services company, J.P. Morgan. They offer a wide range of financial products and services, including investment banking, asset management, and private banking.
The company is committed to sustainability and has implemented a sustainability program to reduce their environmental impact and promote social responsibility. They have set targets to reduce their greenhouse gas emissions, increase renewable energy usage, and promote diversity and inclusion within their workforce.
J.P. Morgan Europe Limited has a strong team of key people, including CEO Daniel Pinto and Chairman Sir Winfried Bischoff, who bring extensive experience and expertise to the company.
Their products and services cater to a diverse range of clients, from individuals to corporations and institutions. They offer investment management services, wealth management, and corporate banking solutions, among others.
The company also has a strong digital presence, with a user-friendly website that provides information about their products and services, as well as access to online banking and investment platforms.
The registered office address for J.P. Morgan Europe Limited is 25 Bank Street, Canary Wharf, London, E14 5JP, United Kingdom. Their website address is https://www.jpmorgan.com/europe.
