THOMSON REUTERS (PROFESSIONAL) UK LIMITED
Company Information
- Company Number
- 01679046
- Registered Address
- Five Canada Square, Canary Wharf, London, United Kingdom, E14 5AQ
- Status
- Active
- Employee Count
- 1,481
- Turnover
- £596,485,000
- EBITDA
- £66,187,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 November 1982
- Nature of Business
- 70100 - Activities of head offices82990 - Other business support service activities not elsewhere classified
- Industries
- Creative,Media And Publishing,Financial Services,Information Technology,Telecommunications And Data,Professional Services,Software
- 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 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 32 | 62% | 17% | 21% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 09 Jan 2025 | 20 | 58% | 35% | 7% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 22 | 48% | 20% | 32% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 20 | 58% | 35% | 7% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 20 | 63% | 21% | 16% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 19 | 50% | 16% | 34% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 31 | 47% | 12% | 41% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Jan 2022 | 23 | 64% | 21% | 15% | 64% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 31 | 30% | 68% | 2% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 26 | 66% | 23% | 11% | 63% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 23 | 75% | 23% | 2% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 21 | 76% | 23% | 1% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 18 | 66% | 33% | 1% | 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
Standard Payment terms are 50 days as per Thomson Reuters Purchasing policy. Most common payment terms that set up with the vendors as 0 days, 30 days and 50 days with the suppliers as per the contractual agreements during the reporting period.
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
There is a dedicated P2P Helpdesk team that the vendors can reach out to with regards to their queries related to invoice/payment status or any other Accounts Payable related queries. The queries can be submitted through a supplier portal link and the supplier be notified with an auto response containing the ticket number for tracking purposes. The queries are responded to within 24-48 hours time frame & resolution is provided as agreed with the supplier.
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
Thomson Reuters (Professional) UK Limited is a leading provider of information, analysis, and solutions to businesses and professionals in the UK. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes efforts to decrease carbon emissions, reduce waste, and promote responsible sourcing. They have also implemented a green procurement policy and encourage their employees to participate in volunteer activities that benefit the environment.
The company's products and services cover a wide range of industries, including law, finance, tax, and accounting. They offer reliable and comprehensive data, news, and analysis to help their clients make informed decisions and stay ahead in their respective fields.
Key people at Thomson Reuters (Professional) UK Limited include the CEO, James C. Smith, and the Chief Sustainability Officer, Patsy Doerr. They also have a strong team of experts in various fields who are dedicated to providing high-quality services to their clients.
The company's website address is www.thomsonreuters.com and their registered office address is 5 Canada Square, Canary Wharf, London E14 5AQ, United Kingdom. Thomson Reuters (Professional) UK Limited is a subsidiary of Thomson Reuters Corporation, a multinational media and information company headquartered in Toronto, Canada. With their commitment to sustainability and a wide range of products and services, Thomson Reuters (Professional) UK Limited continues to be a trusted and influential player in the professional market.
