SUCDEN FINANCIAL LIMITED

PaymentCheck Score 2024
95Excellent
New Entry
#597 in UK
#109 in Financial Services
#298 in London

Company Information

Company Number
01095841
Registered Address
Plantation Place South 3rd Floor, 60 Great Tower Street, London, EC3R 5AZ
Status
Active
Employee Count
192
Turnover
£69,538,000
EBITDA
£8,758,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 February 1973
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services,Software
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
89%
31-60 Days
7%
After 60 Days
4%
Not Paid Within Terms4%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-01-02
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 202402 Jan 20251489%7%4%4%
01 Jan 2024 - 30 Jun 202430 Jul 20241589%8%3%3%
01 May 2019 - 31 Aug 201907 Oct 20193077%13%10%0%
01 Jul 2018 - 31 Dec 201804 Feb 20192477%14%9%23%
01 Jan 2018 - 30 Jun 201801 Aug 20182479%16%5%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

Through discussion with supplier

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

SUCDEN FINANCIAL LIMITED is a leading international financial services company based in London, United Kingdom. Founded in 1973, the company has established itself as a trusted provider of financial solutions to clients worldwide.

The company offers a wide range of financial products and services, including brokerage, asset management, commodity trading, and foreign exchange. They have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact and promote social responsibility. This includes reducing carbon emissions, promoting diversity and inclusion, and supporting local communities.

SUCDEN FINANCIAL LIMITED is led by a team of experienced professionals, including CEO Michael Donovan and Chairman Patrick M. Politzer. They are committed to delivering high-quality services and maintaining strong relationships with clients.

The company's website (www.sucdenfinancial.com) provides detailed information about their products and services, as well as market insights and analysis. Clients can contact them through their registered office address at 8th Floor, 30 Crown Place, London EC2A 4ES, or via phone at +44 (0)20 3207 5000.

In summary, SUCDEN FINANCIAL LIMITED is a reputable financial services company with a strong sustainability program and a diverse range of products and services. Their dedicated team and commitment to responsible practices make them a trusted partner for clients seeking financial solutions.

Financial Metrics

Cash
£205,579,776
Net Worth
£159,026,005
Total Current Assets
£786,430,212
Total Current Liabilities
£631,321,638

Company Location