FITCH RATINGS LTD
Company Information
- Company Number
- 01316230
- Registered Address
- 30 North Colonnade, London, E14 5GN
- Status
- Active
- Employee Count
- 2,397
- Turnover
- £545,597,000
- EBITDA
- £150,494,000
Additional Details
- Website
- https://fitchratings.com
- Company Type
- Private limited Company
- Incorporated On
- 3 June 1977
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- 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 | 01 Aug 2025 | 16 | 94% | 3% | 3% | 6% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 10 | 88% | 6% | 6% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 29 | 75% | 13% | 12% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 29 | 69% | 21% | 10% | 38% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 20 | 76% | 17% | 7% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 23 | 80% | 14% | 6% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 30 | 65% | 24% | 11% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 30 | 69% | 23% | 7% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 31 | 67% | 25% | 8% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 30 | 66% | 26% | 8% | 44% |
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
We do not operate standard payment terms. The majority of supplier terms are 30 days, whilst some supplier terms are agreed by individual negotiation. The shortest standard payment period is 0 days, and the longest standard payment period is 60 days. Suppliers are usually paid via a weekly BACS payment run. If invoices are received after the weekly payment run date, it could lead to late payment for those invoices whose payment terms are less than 7 days. If we have a query or concern about an invoice, we immediately contact the supplier but this could lead to longer payment days in some cases.
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
Payment disputes can be referred to accounts payable team in the first instance. If it is not resolved on a timely basis, it can then be escalated to relevant purchasing managers.
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
FITCH RATINGS LTD is a globally recognized credit rating agency that provides independent and objective credit ratings, research, and data to investors, issuers, and other market participants. The company was founded in 1913 and is headquartered in London, United Kingdom.
The activities of FITCH RATINGS LTD revolve around providing credit ratings for various types of debt securities, including bonds, loans, and other financial instruments. They also offer credit risk management solutions and research services to help their clients make informed investment decisions.
In addition to their core services, FITCH RATINGS LTD is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have set targets to reduce their carbon emissions and waste generation, and have also implemented sustainable procurement practices. The company also regularly reports on their sustainability efforts and progress.
Key people at FITCH RATINGS LTD include Paul Taylor, the President and CEO, and Ian Linnell, the Chief Financial Officer. The company also has a team of experienced analysts and researchers who provide expert insights and analysis to their clients.
To contact FITCH RATINGS LTD, individuals can visit their website at www.fitchratings.com, where they can find information about their services, ratings, and research reports. The company's registered office address is at 30 North Colonnade, Canary Wharf, London E14 5GN, United Kingdom.
