FEDERATED HERMES LIMITED
Company Information
- Company Number
- 01661776
- Registered Address
- Sixth Floor, 150 Cheapside, London, England, EC2V 6ET
- Status
- Active
- Employee Count
- 548
- Turnover
- £204,607,000
- EBITDA
- £6,137,000
Additional Details
- Website
- https://hermes.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 3 September 1982
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- 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 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 42 | 53% | 24% | 23% | 47% |
| 01 Jul 2021 - 31 Dec 2021 | 23 Jan 2022 | 22 | 85% | 10% | 5% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 25 Aug 2021 | 24 | 86% | 8% | 6% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Feb 2021 | 21 | 86% | 9% | 5% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 25 Aug 2020 | 24 | 83% | 11% | 7% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 03 Jul 2019 | 28 | 78% | 14% | 8% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 27 | 78% | 14% | 8% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 26 | 76% | 14% | 10% | 30% |
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
Our standard payment terms are 30 days however we endeavour to settle invoices as per the details of each invoice. No invoice can be settled in less than 7 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
45
Dispute Resolution Process
Any dispute or claim will be dealt with in conjunction with centralised Procurement function and the business head that engaged with the supplier, The Company will deal with all issues in timely manner.
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
Federated Hermes Limited is a UK-based investment management company that offers a wide range of sustainable investment solutions to its clients. The company was formed in 2018 through a merger between Federated Investors, Inc. and Hermes Investment Management.
The company's sustainability program is a key focus, with a commitment to responsible investing and a belief in the long-term benefits of sustainability. They have adopted a sustainable investment approach, integrating environmental, social, and governance (ESG) factors into their investment decisions. They also engage with companies to promote positive change and have set ambitious environmental targets for their own operations.
Federated Hermes Limited offers a variety of products and services including equity, fixed income, and alternative investments. They also offer customized solutions for institutional clients, as well as retail products for individual investors. Their sustainable investment strategies cover a wide range of themes, including renewable energy, sustainable infrastructure, and social impact investing.
The company is led by a team of experienced individuals, including CEO Saker Nusseibeh and Chairman Bruce G. Willison. Their team of investment professionals have in-depth knowledge and expertise in sustainable investing, ensuring that their clients' investments align with their values and goals.
For more information on Federated Hermes Limited and their sustainable investment offerings, their website address is https://www.federatedhermes.com/uk/. Their registered office address is 150 Cheapside, London, EC2V 6ET, United Kingdom.
