THE FINANCIAL CONDUCT AUTHORITY
Company Information
- Company Number
- 01920623
- Registered Address
- 12 Endeavour Square, London, England, E20 1JN
- Status
- Active
- Employee Count
- 4,131
- Turnover
- £699,000,000
- EBITDA
- £84,000,000
Additional Details
- Website
- https://www.drcf.org.uk/
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 7 June 1985
- Nature of Business
- 80300 - Investigation activities84110 - General public administration activities84130 - Regulation of and contribution to more efficient operation of businesses
- Industries
- Coming Soon
- 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 Apr 2025 - 30 Sept 2025 | 10 Nov 2025 | 8 | 98% | 2% | 0% | 5% |
| 01 Oct 2024 - 31 Mar 2025 | 14 May 2025 | 8 | 98% | 2% | 0% | 2% |
| 01 Oct 2023 - 31 Mar 2024 | 07 Jun 2024 | 10 | 97% | 2% | 1% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 07 Jun 2024 | 9 | 97% | 3% | 0% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 07 Nov 2023 | 9 | 97% | 3% | 0% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 07 Nov 2023 | 9 | 97% | 2% | 1% | 5% |
| 01 Oct 2021 - 31 Mar 2022 | 14 Jul 2022 | 9 | 83% | 9% | 8% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 18 May 2022 | 12 | 81% | 12% | 7% | 19% |
| 01 Oct 2020 - 31 Mar 2021 | 10 May 2021 | 11 | 86% | 8% | 6% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 26 | 77% | 15% | 8% | 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
Standard payment terms for goods and services are 30 days from invoice date. Payment is issued once invoice(s) have been fully authorised by the requesting business area and payment scheduled to be issued within agreed payment terms. All payments are issued on a weekly payment cycle.
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
Invoice payment disputes, complaints or concerns should be raised directly to the Accounts Payable Department via email accountspayable@fca.org.uk, all payment dispute emails raised with the Accounts Payable Department will be responded to within two business days. If required, the Accounts Payable department will refer the dispute (e.g., the cause that is preventing invoice approval / payment) to the relevant business contact requesting the contact to respond directly to supplier. Should the dispute require further escalation, a request should be raised to the Accounts Payable manager whose details are available on request.
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
The Financial Conduct Authority (FCA) is the conduct regulator for financial services firms and financial markets in the UK. They aim to ensure that financial markets are fair, transparent and honest, and to protect consumers from financial harm.
One of the key focuses of the FCA is sustainability. They have a dedicated sustainability program that aims to promote sustainable practices in the financial services industry and help firms integrate sustainability into their operations. This includes initiatives such as promoting sustainable investment products and encouraging responsible lending practices.
The FCA also regulates a wide range of financial products and services, including banking, insurance, investments, and mortgage lending. They work to ensure that these products and services are safe, fair, and effective for consumers.
The key people at the FCA include the CEO, Nikhil Rathi, and the Chairman, Charles Randell. They are supported by a board of directors and a team of experienced executives.
To contact the FCA, individuals can visit their website at www.fca.org.uk. The FCA's registered office address is 12 Endeavour Square, London, E20 1JN.
