J.P. MORGAN MARKETS LIMITED

Company Information

Company Number
01592029
Registered Address
25 Bank Street, Canary Wharf, London, E14 5JP
Status
Active
Employee Count
0
Turnover
£20,812,000
EBITDA
£2,355,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 October 1981
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:45 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
76%
31-60 Days
18%
After 60 Days
6%
Not Paid Within Terms9%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20252276%18%6%9%

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

Each JPMorgan Chase group company’s (JPMC) standard payment terms are “2% 10; net 60”, unless different terms are negotiated under contract or mandated by law in a particular country, meaning JPMC pays undisputed amounts within 60 days from receipt of an accurate invoice and may take a two percent discount off any amounts due under an accurate invoice as long as it pays within 10 business days from receipt. JPMC’s standard form contract typically used for higher risk engagements has standard payment terms of 2% 10; net 60 (as above). JPMC’s standard form contracts typically used for lower/minimal risk engagements have standard payment terms of 45 days after receipt of a correct invoice. JPMC’s standard purchase order terms and conditions typically used for minimal risk engagements have standard payment terms of 2% 10; net 60. Where payments are made by credit card (virtual card payment), payment terms have been aligned to our standard payment terms and will be evaluated against net 60-day terms rather than pay immediately upon invoice approval.

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

A qualifying contract may set out a dispute resolution process. The sophistication of this process depends on the risk rating and therefore complexity of the contract, with contracts used for higher risk engagements containing a multi-tiered (or escalation) dispute resolution clause. Practically, and even in the absence of an escalation/dispute resolution clause in a qualifying contract, an internal escalation process is followed which is materially consistent, as regards JPMC, with a multi-tiered contractual clause.

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

J.P

Morgan Markets Limited is a leading financial institution that offers a wide range of services and products to its clients

The company is committed to sustainability and has implemented various initiatives to promote environmental and social responsibility.\n\nThe sustainability program of J.P

Morgan Markets Limited focuses on reducing its carbon footprint, promoting diversity and inclusion, and supporting community development projects

The company also works towards responsible sourcing and ethical business practices.\n\nThe company offers a variety of products and services in the financial sector, including investment banking, asset management, wealth management, and securities trading

Their services cater to individuals, corporations, and institutions, providing them with tailored financial solutions to meet their specific needs.\n\nThe key people at J.P

Morgan Markets Limited include CEO Jamie Dimon, who has been with the company since 2005, and CFO Jennifer Piepszak

They lead a team of experienced and knowledgeable professionals who are dedicated to providing the best financial services to their clients.\n\nFor more information about J.P

Morgan Markets Limited, individuals can visit their website at https://www.jpmorgan.com/markets

The company's registered office address is 25 Bank Street, Canary Wharf, London, E14 5JP, United Kingdom

Overall, J.P

Morgan Markets Limited is a reputable and sustainable financial institution that continues to provide top-notch services to its clients while also making a positive impact on the environment and society

Financial Metrics

Cash
£805,635,573
Net Worth
£3,246,926,121
Total Current Assets
£5,236,196,647
Total Current Liabilities
£1,200,488,902

Company Location