IG INDEX LIMITED

PaymentCheck Score 2025
95Excellent
0.3vs last year
#470 in UK
#10 in Software
#235 in London

Company Information

Company Number
01190902
Registered Address
Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA
Status
Active
Employee Count
789
Turnover
£236,500,000
EBITDA
£131,200,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 November 1974
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Software
Region
London

Time to Pay

Average Time to Pay
13 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
92%
31-60 Days
7%
After 60 Days
1%
Not Paid Within Terms8%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202530 Jun 20251092%7%1%8%
01 Jun 2024 - 30 Nov 202424 Dec 20241392%7%1%8%
01 Dec 2023 - 31 May 202425 Jun 20241293%6%1%7%
01 Jun 2023 - 30 Nov 202320 Dec 20231394%4%2%6%
01 Dec 2022 - 31 May 202327 Jun 20231590%7%3%10%
01 Jun 2022 - 30 Nov 202209 Jan 20232664%22%14%26%
01 Dec 2021 - 31 May 202201 Aug 20221988%10%2%12%
01 Jun 2021 - 30 Nov 202122 Feb 20222085%13%2%15%
01 Dec 2020 - 31 May 202128 Jun 20212089%8%3%11%
01 Jun 2020 - 30 Nov 202021 Dec 20202382%13%5%18%
01 Dec 2018 - 31 May 201928 Jun 20192287%11%2%13%

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 from invoice receipt

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

In case of any questions/ issues regarding payments suppliers are advised to initially contact the Accounts Payable Team directly who can generally resolve issues arising from delays in invoice process or authorization. Where there is a genuine dispute then issues are escalated to the purchaser for resolution. All vendors are provided with Account Payable email.

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

IG INDEX LIMITED is a UK-based financial services company that provides trading services for a range of financial instruments, including stocks, forex, commodities, and cryptocurrencies. The company was founded in 1974 and is headquartered in London.

As a leading provider of online trading services, IG INDEX LIMITED offers a range of products and services to its clients, including access to global financial markets, advanced trading platforms, and educational resources. The company also offers a variety of sustainability-focused products, such as green energy and sustainable agriculture investments, to promote environmentally responsible trading.

IG INDEX LIMITED is committed to sustainability and has implemented a sustainability program that focuses on reducing its environmental impact, promoting diversity and inclusion, and supporting local communities. The company has set ambitious targets to reduce its carbon footprint, increase the use of renewable energy sources, and promote sustainable practices across its operations.

The key people at IG INDEX LIMITED include CEO June Felix, who has extensive experience in financial services, and Chairman Peter Hetherington, who has been with the company since 1994. The company's website address is www.ig.com, and its registered office address is Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom.

In summary, IG INDEX LIMITED is a leading financial services company that offers a range of trading services, including sustainable investment options. The company is committed to sustainability and has implemented a program to reduce its environmental impact and promote diversity and inclusion. With its experienced leadership team and commitment to sustainability, IG INDEX LIMITED is a trusted and responsible choice for online trading services.

Financial Metrics

Cash
£49,900,000
Net Worth
£148,800,000
Total Current Assets
£383,100,000
Total Current Liabilities
£245,000,000

Company Location