Registration Number
00949387
Registered Address
Milton Gate 60 Chiswell Street London United Kingdom EC1Y 4SA
Company Status
Active
Employee Count
348
Turnover
£127,747,000
EBITDA
£31,218,000
Website
interactivedata.comCompany Type
Private limited Company
Incorporated on
6 March 1969
Nature of Business (SIC)
63990 - Other information service activities not elsewhere classified
Industries
0
Region
London£15,562,000
£50,851,000
Filed
30 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Average Time to Pay
24 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
30 days
Not Paid Within Terms
17%
| 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 | 30 Jan 2024 | 24 | 83% | 10% | 7% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 25 | 83% | 11% | 6% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 24 | 83% | 9% | 8% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 21 | 81% | 12% | 7% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 22 | 86% | 7% | 7% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 22 | 84% | 9% | 7% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 31 | 80% | 8% | 12% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 30 | 75% | 12% | 13% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 33 | 75% | 13% | 12% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 35 | 70% | 15% | 15% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 49 | 53% | 26% | 21% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 50 | 49% | 27% | 24% | 59% |
ICE Data Services Europe Limited is a leading provider of financial market data and solutions
The company offers a wide range of products and services, including market data, analytics, indices, and trading solutions
Sustainability is a key focus for ICE Data Services Europe Limited
The company is committed to reducing its environmental impact and promoting sustainable practices
They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and promoting recycling and waste reduction
One of the company's leading products is the ICE Data Services platform, which provides real-time and historical market data for a wide range of asset classes
This platform is used by financial institutions, corporations, and government agencies around the world to make informed investment decisions
The key people at ICE Data Services Europe Limited include President and COO Lynn Martin, and Chief Operating Officer Jonathan Reeve
The company is headquartered in London and has offices in various cities across Europe, including Paris, Frankfurt, and Amsterdam
For more information about ICE Data Services Europe Limited, including their sustainability efforts and products and services, you can visit their website at www.theice.com/data
Their registered office address is 5 New Street Square, London EC4A 3TW, United Kingdom
The trend for ICE DATA SERVICES EUROPE LIMITED shows a consistent improvement in their average time to pay invoices, with a decrease from 50 days in the first period to 24 days in the most recent period. This indicates a positive trend towards more timely payments to suppliers.
The data for ICE DATA SERVICES EUROPE LIMITED shows some volatility in their payment patterns, with fluctuations in the percentages of invoices paid within 30 days and between 31 and 60 days. However, overall there is a steady decrease in the percentage of invoices paid later than 60 days, indicating an improvement in payment timeliness.
Over the past three periods, ICE DATA SERVICES EUROPE LIMITED has shown a significant improvement in their average time to pay invoices, with a decrease from 50 days to 25 days. This improvement is also reflected in the percentage of invoices paid within 30 days, which has increased from 49% to 83%. The company has also consistently maintained a short standard payment period of 30 days.
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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
30
Dispute resolutions are handled on a case by case basis based on individual facts and circumstances. ICE Data Services Europe Limited seeks to resolve disputes as quickly as possible; we have a dedicated accounts payable team that support suppliers with query resolution. In the event that the accounts payable team is unable to resolve a dispute, they will refer the matter to senior management for resolution.
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.
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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?
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