TP ICAP GROUP SERVICES LIMITED
Company Information
- Company Number
- 01105245
- Registered Address
- 135 Bishopsgate, London, England, EC2M 3TP
- Status
- Active
- Employee Count
- 885
- Turnover
- £318,886,000
- EBITDA
- £26,066,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 March 1973
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- 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 | 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 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 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 2018 - 30 Jun 2018 | 30 Jul 2018 | 32 | 65% | 28% | 7% | 35% |
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
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
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.
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
TP ICAP GROUP SERVICES LIMITED is a financial services company based in London, UK. The company specializes in inter-dealer broking, providing intermediary services for financial, energy and commodities markets.
The company's sustainability program focuses on reducing its carbon footprint and promoting responsible business practices. They have implemented a range of initiatives such as energy efficient buildings, waste reduction strategies, and promoting diversity and inclusion within their workforce.
TP ICAP GROUP SERVICES LIMITED offers a variety of products and services, including electronic trading platforms, trade execution and clearing, and risk management solutions. They also provide market data and analytics to help clients make informed decisions.
The company's key personnel include Nicolas Breteau, the CEO, and Angela Crawford-Ingle, the Group Head of Human Resources.
To contact TP ICAP GROUP SERVICES LIMITED, one can visit their website at www.tpicap.com or reach out to their registered office at 155 Bishopsgate, London, EC2M 3TQ, UK. With a strong commitment to sustainability and a wide range of financial services, TP ICAP GROUP SERVICES LIMITED continues to be a leader in the financial industry.
