RUSSELL INVESTMENTS LIMITED
Company Information
- Company Number
- 02086230
- Registered Address
- Rex House, 10 Regent Street, London, SW1Y 4PE
- Status
- Active
- Employee Count
- 138.0
- Turnover
- 212587000.0
- EBITDA
- -2183000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 December 1986
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 28 | 66% | 29% | 5% | 30% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Jul 2023 | 33 | 55% | 38% | 7% | 42% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 34 | 57% | 34% | 9% | 40% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 31 | 63% | 32% | 5% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 28 | 64% | 33% | 3% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Aug 2021 | 29 | 60% | 33% | 7% | 37% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | 34 | 61% | 34% | 5% | 33% |
| 01 Jan 2020 - 30 Jun 2020 | 06 Jul 2020 | 26 | 66% | 32% | 2% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 29 | 57% | 38% | 5% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 20 Aug 2019 | 29 | 61% | 34% | 5% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 15 May 2019 | 34 | 49% | 43% | 8% | 43% |
| 01 Jan 2018 - 30 Jun 2018 | 15 May 2019 | 29 | 56% | 38% | 6% | 39% |
Company Summary
Russell Investments Limited is a global investment management firm headquartered in London, United Kingdom
The company offers a range of sustainable investment solutions and services to its clients, including asset management, fund management, and financial planning
One of the key activities of Russell Investments Limited is its strong focus on sustainability and responsible investing
The company has a dedicated sustainability program that aims to integrate environmental, social, and governance (ESG) factors into its investment decision-making process
This program also includes active engagement with companies to encourage sustainable business practices
In terms of products and services, Russell Investments Limited offers a variety of investment options, including mutual funds, exchange-traded funds (ETFs), and separately managed accounts
The company also offers financial planning services to help clients achieve their long-term financial goals
The key people at Russell Investments Limited include its CEO, Michelle Seitz, who has over 30 years of experience in the investment management industry
The company also has a team of experienced investment professionals who work together to provide clients with expert advice and solutions
For more information on Russell Investments Limited and its services, interested individuals can visit their website at https://russellinvestments.com/uk/
The registered office address of the company is 1 Tower Place West, Tower Place, London, EC3R 5BU
Company Review
Trend Analysis
The average time taken for Russell Investments Limited to pay invoices has fluctuated over the past three periods, with a slight decrease in 2021 and an increase in 2022. However, overall there has been a steady decrease in the average time to pay since 2018.
Volatility Analysis
The volatility in Russell Investments Limited's payment patterns can be seen in the fluctuation in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. There is also volatility in the percentage of invoices not paid within agreed terms, with a high of 42% in 2023 and a low of 30% in 2020.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most frequently used payment term for the reporting period ended 31st December 2023 is 30 days in relation to the majority of Russell Investments Limited's qualifying contracts. These represent goods and services covering a broad range of the Company's regular operating expenses but excluded contracts for financial services in line with the reporting guidance.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
Any disputes are done through the Business Unit directly with the Vendor. Each individual Business unit are responsible for contacting the Vendors with any disputes through email or by phone.
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
