NOMURA ASSET MANAGEMENT U.K. LIMITED

PaymentCheck Score 2024
71Fair
0.7vs last year
#2952 in UK
#1242 in London

Company Information

Company Number
01859421
Registered Address
1 Angel Lane, London, EC4R 3AB
Status
Active
Employee Count
70
Turnover
£82,361,000
EBITDA
£7,819,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 October 1984
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
57%
31-60 Days
37%
After 60 Days
6%
Not Paid Within Terms40%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

NOMURA ASSET MANAGEMENT U.K. LIMITED maintains a relatively prompt average payment time of 23 days. However, only 57% of payments are completed within 30 days, indicating that nearly half of transactions extend beyond typical net-30 terms. A significant 37% of payments consistently fall into the 31-60 day range, suggesting a regular deviation from quicker settlements for a substantial portion of invoices.

Volatility Analysis

The 40% late payment rate introduces significant unpredictability and risk for supplier cash flow planning. With 37% of payments settling between 31-60 days and an additional 6% exceeding 60 days, suppliers face a considerable chance of delayed receipt of funds. This pattern signals inconsistent payment reliability, making it challenging for suppliers to forecast working capital accurately.

Summary Analysis

While the average payment time is favorable, the high late payment percentage and significant delays for nearly half of invoices suggest a need for supplier caution. Suppliers should establish explicit payment terms and consider strategies like shorter payment cycles or partial upfront payments to mitigate cash flow risks. Regular monitoring of payment performance and stringent credit management are recommended to safeguard against prolonged outstanding receivables.

Performance Reports History

Reporting Period Filed: 2024-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202429 Apr 20242357%37%6%40%
01 Apr 2023 - 30 Sept 202330 Oct 20232382%15%3%44%
01 Oct 2022 - 31 Mar 202326 Apr 20232747%46%7%66%
01 Apr 2022 - 30 Sept 202215 Oct 20222756%33%11%57%
01 Oct 2021 - 31 Mar 202213 Apr 20222760%29%10%50%
01 Apr 2021 - 30 Sept 202129 Oct 20212775%18%7%41%
01 Oct 2020 - 31 Mar 202120 May 20212784%9%7%30%
01 Apr 2020 - 30 Sept 202024 Oct 20203163%32%5%69%
01 Oct 2019 - 31 Mar 202030 Apr 20203750%48%2%33%
01 Apr 2019 - 30 Sept 201930 Oct 20193750%46%4%22%
01 Oct 2018 - 31 Mar 201903 May 20193263%32%5%31%
01 Apr 2018 - 30 Sept 201823 Oct 20182963%34%3%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

30 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

30

Dispute Resolution Process

For general PO and payment queries, email to be sent to: NAMUKFinance@nomura-asset.co.uk

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

NOMURA ASSET MANAGEMENT U.K. LIMITED is an active private limited company engaged in asset management. The company's name directly reflects its focus on managing assets.

The company was incorporated on 29 October 1984 and remains active under company number 01859421. Its registered office is situated in London at 1 Angel Lane, EC4R 3AB.

In the UK market, companies of this type typically provide a range of asset management services. These commonly include investment management, portfolio management, and fund administration for institutional and private clients.

Financial Metrics

Cash
£39,100,000
Net Worth
£39,600,000
Total Current Assets
£65,900,000
Total Current Liabilities
£26,700,000

Company Location