Industry ranking
Score of 84.15/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Dec 2025 | 27 Jan 2026 | 29 | 78% | 14% | 8% | 8% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 27 | 80% | 13% | 7% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 30 | 82% | 10% | 8% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 34 | 74% | 15% | 11% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 31 | 77% | 12% | 11% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 36 | 72% | 14% | 14% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 40 | 69% | 15% | 16% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 39 | 68% | 18% | 13% | 32% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 39 | 69% | 15% | 15% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 34 | 69% | 18% | 13% | 31% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 23 | 80% | 16% | 4% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 38 | 64% | 21% | 15% | 36% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 32 | 67% | 23% | 10% | 33% |
| 01 Jan 2019 - 01 Jun 2019 | 30 Jul 2019 | 29 | 74% | 20% | 6% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 30 | 73% | 20% | 7% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 65% | 28% | 7% | 35% |
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 information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Purchasing - Disputes are managed by the Contract Owner (Business) and the Procurement Owner (Category Manager) to review agreed terms and update finance / supplier accordingly. Accounts Payable (AP) have a dedicated mail box for dealing with all AP related queries and are contactable by phone or email. Vendors are requested to email a dedicated mailbox with invoice queries. If the team are not able to resolve the query this is escalated to the AP Manager. In addition, the AP team reach out to the business contact if it's not clear why the invoices have not been approved/paid. All invoices in query are processed at header level on the supplier account with comments/hold reasons. Once the invoices are paid, AP will contact the vendor to provide remittance advice.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
TP ICAP Group Services Limited is a UK-registered company classified under activities of financial services holding companies. It was previously known as Tullett Prebon Group Limited and, before that, traded under several earlier names including Tullett Prebon Limited and Tullett Liberty Limited, reflecting its long history within the interdealer broking sector. Companies House records show it is majority owned by Tp Icap Group Plc, a Jersey-registered public limited company holding 75% or more of its shares and voting rights. As a holding entity, it sits within the wider TP ICAP group structure rather than trading directly with third parties itself.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk