UBS ASSET MANAGEMENT UK LTD
Company Information
- Company Number
- 01546400
- Registered Address
- 5 Broadgate, London, England, EC2M 2QS
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 149508000.0
- EBITDA
- -5210000.0
Additional Details
- Website
- https://ubs.com
- Company Type
- Private limited Company
- Incorporated On
- 19 February 1981
- Nature of Business
- 66120 - Security and commodity contracts dealing activities
- Industries
- Financial Services
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jun 2023 - 31 Dec 2023 | 31 Jan 2024 | 135 | 0% | 0% | 100% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 02 Aug 2023 | 17 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 62 | 0% | 0% | 100% | 75% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 70 | 0% | 0% | 100% | 100% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 30 | 75% | 25% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 25 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 22 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 11 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 26 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 29 | 100% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 32 | 75% | 25% | 0% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 38 | 17% | 83% | 0% | 83% |
| 01 Jan 2018 - 30 Jun 2018 | 31 May 2019 | 37 | 20% | 80% | 0% | 80% |
Company Summary
UBS ASSET MANAGEMENT (UK) LTD is a leading global asset management company with a strong focus on sustainability
They offer a wide range of products and services to their clients, including investment management, wealth management, and financial advisory services
The company's sustainability program is based on their commitment to responsible investing and their belief that sustainable businesses are more likely to deliver long-term value to their clients
They have a dedicated team that identifies and evaluates potential investment opportunities based on environmental, social, and governance (ESG) factors
They also actively engage with companies to promote sustainable practices and improve their ESG performance
UBS ASSET MANAGEMENT (UK) LTD has a diverse portfolio of products and services, including equity and fixed income funds, alternative investments, and customized solutions for institutional and private clients
They also offer a range of sustainable investment funds, which follow strict ESG criteria and aim to generate positive impact alongside financial returns
The key people at UBS ASSET MANAGEMENT (UK) LTD include Suni Harford, President of UBS Asset Management, and Ulrich Koerner, President of UBS Europe, Middle East and Africa
They lead a team of experienced professionals who are dedicated to delivering innovative and sustainable solutions for their clients
For more information, interested individuals or businesses can visit their website at www.ubs.com/uk/en/asset-management.html
The company's registered office address is 5 Broadgate, London, EC2M 2QS, United Kingdom
UBS ASSET MANAGEMENT (UK) LTD is committed to helping their clients achieve their financial goals while promoting sustainability and responsible investing
Company Review
Trend Analysis
The data shows a clear trend of UBS ASSET MANAGEMENT (UK) LTD paying invoices faster over the years. From 2018 to 2023, the average time to pay has decreased from 38 days to 17 days. Additionally, the percentage of invoices paid within 30 days has increased from 17% to 100%, while the percentage of invoices paid between 31 and 60 days has decreased from 83% to 0%. This trend suggests that the company has improved its payment processes and is making a conscious effort to pay suppliers in a timely manner.
Volatility Analysis
The data also shows a decrease in volatility in UBS ASSET MANAGEMENT (UK) LTD's payment patterns. In the earlier periods (2018-2019), there were fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. However, in the later periods (2020-2023), the company consistently paid all invoices within 30 days, indicating a more stable payment process.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
UBS does not have standard payment terms with its qualifying suppliers. Terms are agreed with each supplier in qualifying contracts, typically based on supplier standard terms.
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
60
Dispute Resolution Process
Qualifying contracts may prescribe a dispute resolution process. Any payment dispute is handled by the manager appointed to each party with the intention to resolve the dispute. If the dispute remains unresolved after such an escalation, it will be raised to the nominated senior representatives of UBS and the supplier as identified by the UBS Vendor Management Framework.
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.
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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.
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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.
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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
