REFINITIV TRANSACTION SERVICES LIMITED
Company Information
- Company Number
- 02089076
- Registered Address
- Five Canada Square, Canary Wharf, London, England, E14 5AQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £119,309,000
- EBITDA
- £3,605,000
Additional Details
- Website
- https://thomsonreuters.com
- Company Type
- Private limited Company
- Incorporated On
- 13 January 1987
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified66190 - Activities auxiliary to financial intermediation not elsewhere classified
- 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 27 | 63% | 19% | 18% | 38% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 16 | 56% | 44% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 9 | 100% | 0% | 0% | 60% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 12 | 88% | 12% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 44 | 38% | 50% | 12% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 26 | 50% | 50% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 11 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 26 | 75% | 25% | 0% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 38 | 54% | 23% | 23% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 47 | 33% | 50% | 17% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 50 | 31% | 38% | 31% | 69% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 59 | 50% | 0% | 50% | 50% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 74 | 17% | 17% | 67% | 67% |
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 as defined by the company's Purchasing Policy are 60 days. We commit to making payment of all undisputed sums due to third party suppliers within the committed pay terms, basis timely submission of a valid invoice to our Accounts Payable department with relevant details such as PO number/contact name. Few suppliers are setup with a shorter/longer pay terms based on negotiated contracts
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
Payment processing is dealt with by the Accounts Payable function and any supplier payment queries that may arise are actioned by the team. In the event, where the issue is not resolved, the query will be discussed between the supplier and relevant contractual service owner or finance personnel to ensure satisfactory resolution for both parties.
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
REFINITIV TRANSACTION SERVICES LIMITED is a financial services company headquartered in London, United Kingdom. The company offers a wide range of financial products and services to support global financial markets. Their sustainability program focuses on creating positive social, environmental, and economic impact through responsible business practices.
The company's products and services include data and analytics, trading platforms, risk management solutions, and financial market intelligence. These products and services are designed to help clients make informed decisions, manage risk, and improve overall performance.
REFINITIV TRANSACTION SERVICES LIMITED is led by a team of experienced professionals, including CEO David Craig, who has over 30 years of experience in the financial industry. The company prides itself on its diverse and inclusive workforce, with a strong emphasis on diversity, equality, and inclusion.
As part of their sustainability efforts, the company has committed to reducing their carbon footprint and promoting sustainable practices. They have also implemented various initiatives to support local communities and promote education and development in the financial sector.
To learn more about REFINITIV TRANSACTION SERVICES LIMITED and their products and services, as well as their sustainability program, interested parties can visit their website at www.refinitiv.com. The company's registered office address is 1 Market Place, London, United Kingdom, EC2R 8EJ.
