AXA INVESTMENT MANAGERS UK LIMITED

Company Information

Company Number
01431068
Registered Address
22 Bishopsgate, London, United Kingdom, EC2N 4BQ
Status
Active
Employee Count
0.0
Turnover
224760000.0
EBITDA
61278000.0

Additional Details

Company Type
Private limited Company
Incorporated On
19 June 1979
Nature of Business
66120 - Security and commodity contracts dealing activities$66300 - Fund management activities
Industries
Financial Services
Region
London

Company Location

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Financial Metrics

Cash
£80,553,612.00
Net Worth
£102,926,916.00
Total Current Assets
£218,560,236.00
Total Current Liabilities
£112,690,833.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

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

Payment Timeline

Within 30 Days
84%
31-60 Days
13%
After 60 Days
3%
Not Paid Within Terms17%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20241984%13%3%17%
01 Jan 2023 - 30 Jun 202328 Jul 20232080%18%2%25%
01 Jul 2022 - 31 Dec 202230 Jan 20232970%13%17%31%
01 Jan 2022 - 30 Jun 202227 Jul 20221680%16%4%41%
01 Jul 2021 - 31 Dec 202127 Jan 20222464%24%12%57%
01 Jan 2021 - 30 Jun 202123 Jul 20213365%17%18%42%
01 Jul 2020 - 31 Dec 202027 Jan 20213452%27%21%48%
01 Jan 2020 - 30 Jun 202023 Jul 20203556%21%23%47%
01 Jul 2019 - 31 Dec 201924 Jan 20203764%14%22%39%
01 Jan 2019 - 30 Jun 201930 Jul 20193860%14%26%43%
01 Jul 2018 - 31 Dec 201828 Jan 20194057%17%26%48%
01 Jan 2018 - 30 Jun 201824 Jul 20184848%25%27%64%

Company Summary

AXA Investment Managers UK Limited is a leading investment management company based in the United Kingdom

They offer a wide range of sustainable investment products and services to their clients

The company's sustainability program is focused on promoting responsible and sustainable investing

They aim to integrate environmental, social, and governance (ESG) factors into their investment decisions to create long-term value for their clients

Some of the key sustainable products and services offered by AXA Investment Managers UK Limited include sustainable funds, impact investing, responsible corporate bond strategies, and ESG integration in their investment process

They also offer sustainable investment solutions for institutional investors

The company is led by a team of experienced professionals, including CEO and Managing Director, John Stainsby, and Head of Responsible Investment, Matt Christensen

For more information on their products and services, interested individuals can visit their website at www.axa-im.co.uk

The registered office address for AXA Investment Managers UK Limited is 7 Newgate Street, London, EC1A 7NX

Company Review

Trend Analysis

The data shows a consistent decrease in the average time taken for AXA INVESTMENT MANAGERS UK LIMITED to pay invoices to suppliers from 2018 to 2023. The average time to pay has decreased from 48 days in 2018 to 19 days in 2023. This indicates an improvement in the company's payment efficiency.

Volatility Analysis

The data also shows a decreasing trend in the percentage of invoices paid later than 60 days and the percentage of invoices not paid within agreed terms. This indicates an overall improvement in the company's payment practices and a decrease in volatility in their payment behavior.

Summary Analysis

From 2018 to 2021, AXA INVESTMENT MANAGERS UK LIMITED showed a consistent improvement in their payment efficiency, with the average time to pay decreasing from 48 days to 33 days. However, in 2021, there was a significant decrease in the average time to pay, reaching 24 days. This was mainly due to a significant increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days. This trend continued in 2022, with the average time to pay decreasing to 16 days. However, in 2023, there was a slight increase in the average time to pay, reaching 19 days, but the company still maintained a high percentage of invoices paid within 30 days.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The Standard payment terms are 30 days in the absence of agreed terms with a supplier.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any dispute arising out of or in connection with an agreement shall, in the first instance, be referred to the suppliers representative and the AXA IM member of staff managing the contract with a view to promptly resolving the dispute. If the dispute relates to late payment suppliers can additionally contact AXAIM’s dedicated accounts payable team (accountspayable@axa-im.com). If there is any further dispute, this would be escalated to senior management and/or the Legal team with a view to resolving the situation.

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