GLENCORE UK LTD.
Company Information
- Company Number
- 01170825
- Registered Address
- 18 Hanover Square, London, England, W1S 1JY
- Status
- Active
- Employee Count
- 446
- Turnover
- £319,289,000
- EBITDA
- £25,836,000
Additional Details
- Website
- https://glencore.com
- Company Type
- Private limited Company
- Incorporated On
- 20 May 1974
- Nature of Business
- 66120 - Security and commodity contracts dealing activities
- Industries
- Environment,Agriculture And Waste,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- 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 | 33 | 82% | 14% | 4% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 28 | 87% | 11% | 2% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 28 | 88% | 9% | 3% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 27 | 86% | 10% | 4% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 28 | 86% | 10% | 4% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 25 | 86% | 11% | 3% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 23 | 83% | 11% | 6% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 21 | 80% | 14% | 6% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 22 | 83% | 12% | 5% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 12 | 96% | 4% | 0% | 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
Consistent with normal industry practices: Overheads – variety prompt upon receipt to 30 days Payment terms are agreed with suppliers as part of contract negotiations. The most commonly used terms are 30 days, but payment terms vary by company and service provided and could be longer or shorter as mutually agreed. Once authorised, vendor invoices are paid when contractually due through regular payment runs.
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
30
Dispute Resolution Process
The process for resolution of disputes involves discussion with our commercial & legal teams to review facts and circumstances and recommend resolutions.
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
Glencore UK Ltd. is a leading global commodity trading and mining company, with its headquarters in London, UK. The company operates in over 50 countries and is a major player in the production, sourcing, trading, and marketing of a wide range of natural resources, including metals, minerals, oil, and agricultural products.
Sustainability is a key focus for Glencore UK Ltd. and the company has a robust sustainability program in place. It is committed to responsible and sustainable business practices, and works closely with local communities and governments to ensure environmental protection, human rights, and fair labor practices.
The company's products and services are diverse and cater to a wide range of industries including automotive, construction, electronics, and energy. Glencore UK Ltd. offers a range of minerals and metals such as copper, zinc, nickel, and coal, as well as agricultural products like grains, oilseeds, and sugar.
The key people at Glencore UK Ltd. include CEO Ivan Glasenberg, who has been with the company since its inception in 1994, and Chairman Tony Hayward, a veteran of the oil industry. The company's leadership team also includes experts in various fields such as finance, mining, and sustainability.
For more information on Glencore UK Ltd. and its activities, products, and services, visit its website at www.glencore.com. The company's registered office address is 50 Berkeley Street, London, W1J 8HD, United Kingdom.
