LEGG MASON INVESTMENTS (EUROPE) LIMITED
Company Information
- Company Number
- 01732037
- Registered Address
- 1 More London Place, London, SE1 2AF
- Status
- Dissolved
- Employee Count
- Coming Soon
- Turnover
- £137,000
- EBITDA
- £3,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 June 1983
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LEGG MASON INVESTMENTS (EUROPE) LIMITED demonstrates a very strong payment trend, settling invoices within an average of 23 days and ensuring 100% of payments are completed within 30 days. This indicates consistent and reliable promptness, highly favorable for stable cash flow planning by suppliers.
Volatility Analysis
While all payments occur within 30 days, 33% are categorized as "late," indicating potential instances where payments are made after the stipulated due date but still within the 30-day window. This introduces a moderate level of unpredictability regarding strict adherence to individual invoice due dates, despite the overall speed.
Summary Analysis
Overall, LEGG MASON INVESTMENTS presents a generally low payment risk, characterized by its consistent speed in clearing invoices well within a typical 30-day cycle. Suppliers should clarify their specific payment terms and consider the impact of the 33% "late" metric on their own internal compliance and cash flow projections.
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 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 23 | 100% | 0% | 0% | 33% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 17 | 100% | 0% | 0% | 56% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 31 | 66% | 17% | 17% | 33% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 23 | 100% | 0% | 0% | 36% |
| 01 Apr 2018 - 30 Sept 2018 | 06 Nov 2018 | 28 | 95% | 5% | 0% | 21% |
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
PAYMENT TERMS STANDARD 30 DAYS
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
30
Dispute Resolution Process
Initial queries are directed to Accounts Payable based in the UK (e-mail or telephone). If Accounts Payable are unable to resolve, the issue(s) are escalated to the company contact who engaged the supplier's services/requested goods. When suppliers enter into a contract they are provided with the contact details for Accounts Payable.
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
Company Summary
LEGG MASON INVESTMENTS (EUROPE) LIMITED was a private limited company that operated within the investment management sector. Its name indicates a focus on investment activities with a European scope.
Incorporated on 15 June 1983, the company was assigned company number 01732037. Its registered office was located in London at 1 More London Place, SE1 2AF. The company is currently dissolved.
Typically, investment companies in the UK market provide services such as asset management, fund management, and investment advisory. These organisations often offer portfolio management and wealth management solutions to their clients.
