ABRDN FINANCIAL PLANNING AND ADVICE LIMITED

Company Information

Company Number
01447544
Registered Address
280 Bishopsgate, London, United Kingdom, EC2M 4AG
Status
Active
Employee Count
251
Turnover
£32,407,000
EBITDA
-£5,038,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 September 1979
Nature of Business
64999 - Financial intermediation not elsewhere classified
66190 - Activities auxiliary to financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
75%
31-60 Days
16%
After 60 Days
9%
Not Paid Within Terms25%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2023-11-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202329 Nov 20232686%8%7%14%
01 Jul 2022 - 31 Dec 202229 Nov 20233175%16%9%25%

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

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

We have company policy of NO PO NO PAY. Disputes are handled by the business area procuring the goods and service and contracting supplier. Po system is a 3 way match and settlement happens once goods and services have been receipted for accurately.

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

ABRDN Financial Planning and Advice Limited is a financial planning and advice company based in the United Kingdom. The company offers a range of services and products to help individuals and businesses achieve their financial goals.

Their sustainability program focuses on responsible investing and promoting sustainable practices within the company. ABRDN Financial Planning and Advice Limited is committed to reducing their environmental impact and promoting ethical and socially responsible investments.

The company offers a variety of financial planning and advice services including retirement planning, investment management, and tax planning. They also offer a range of products such as stocks, bonds, and mutual funds to help clients achieve their financial objectives.

The key people at ABRDN Financial Planning and Advice Limited include their CEO, who is responsible for the overall management and direction of the company, and their team of financial advisors who work closely with clients to provide personalized financial advice.

For more information on their services and products, interested individuals can visit their website at www.abrdn.com. Their registered office address is 1 George Street, Edinburgh, EH2 2LL, United Kingdom.

In summary, ABRDN Financial Planning and Advice Limited is a sustainable and reputable financial planning and advice company that offers a wide range of services and products to help clients achieve their financial goals. With a commitment to responsible investing and ethical practices, they are a trusted partner for individuals and businesses looking to secure their financial future.

Financial Metrics

Cash
£9,335,000
Net Worth
£3,115,000
Total Current Assets
£19,398,000
Total Current Liabilities
£13,373,000

Company Location