WINTERFLOOD SECURITIES LIMITED
Company Information
- Company Number
- 02242204
- Registered Address
- Riverbank House, 2 Swan Lane, London, United Kingdom, EC4R 3GA
- Status
- Active
- Employee Count
- 282
- Turnover
- £80,076,000
- EBITDA
- £7,611,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 April 1988
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services, Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for WINTERFLOOD SECURITIES LIMITED to pay invoices has fluctuated over the past three periods, with a slight overall decrease. The percentage of invoices paid within 30 days has also varied, but has remained relatively consistent at around 75%. However, there has been a notable increase in the percentage of invoices paid later than 60 days, rising from 5% to 6% to 7% in the most recent period.
Volatility Analysis
The highest volatility can be seen in the percentage of invoices paid later than 60 days, which has fluctuated between 5% and 7% over the past three periods. The percentage of invoices paid within 30 days has been the most stable, remaining between 64% and 83%.
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 Feb 2025 - 31 Jul 2025 | 29 Aug 2025 | 24 | 77% | 21% | 2% | 24% |
| 01 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 28 | 63% | 35% | 2% | 39% |
| 01 Feb 2023 - 31 Jul 2023 | 29 Aug 2023 | 27 | 72% | 24% | 4% | 30% |
| 01 Aug 2022 - 31 Jan 2023 | 28 Feb 2023 | 30 | 67% | 29% | 4% | 34% |
| 01 Feb 2022 - 31 Jul 2022 | 26 Aug 2022 | 29 | 80% | 17% | 3% | 20% |
| 01 Aug 2021 - 31 Jan 2022 | 02 Mar 2022 | 28 | 74% | 21% | 5% | 27% |
| 01 Feb 2021 - 31 Jul 2021 | 26 Aug 2021 | 26 | 81% | 15% | 4% | 19% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 27 | 77% | 18% | 5% | 23% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 27 | 80% | 14% | 6% | 18% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 31 | 64% | 30% | 6% | 35% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 28 | 78% | 16% | 6% | 22% |
| 01 Aug 2018 - 31 Jan 2019 | 28 Feb 2019 | 27 | 75% | 20% | 5% | 25% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 28 | 83% | 11% | 6% | 17% |
| 01 Aug 2017 - 31 Jan 2018 | 28 Feb 2018 | 32 | 65% | 28% | 7% | 35% |
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
Winterflood Securities Limited agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the Group's policy is to pay within 60 days of receipt of a valid invoice. The most frequently agreed term with suppliers is 30 days from receipt of a valid invoice.
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
60
Dispute Resolution Process
Winterflood Securities Limited and the supplier will first attempt to resolve any dispute by referring it for formal discussion between Winterflood Securities Limited authorised representative and the supplier (both acting reasonably and in good faith). If Winterflood Securities Limited authorised representative and the supplier are for any reason unable to resolve the dispute within 14 days of the date of its referral to them, the dispute may be referred to court by either Winterflood Securities Limited or the supplier.
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
Winterflood Securities Limited is a financial services firm based in London, United Kingdom. The company is a leading market maker in UK and European equities, providing liquidity and execution services to clients.
In terms of sustainability, Winterflood Securities Limited has implemented various initiatives to reduce its environmental impact. This includes using energy-efficient technology in its offices, reducing paper usage by using electronic communication and recycling waste materials.
The company offers a wide range of products and services to its clients, including market making, execution, trading and research services. They have a strong focus on providing efficient and reliable execution services to their clients, using advanced trading technology and algorithms.
Winterflood Securities Limited has a team of experienced professionals, including key people such as the CEO, Head of Trading, and Head of Research. They work together to provide the best possible services to their clients.
The company can be contacted through their website, which provides information on their services, market insights, and contact details. Their registered office address is located in London, and they also have offices in Dublin and Paris.
Overall, Winterflood Securities Limited is a reputable financial services firm that prioritizes sustainability and offers a diverse range of products and services to its clients. Their team of experts and commitment to providing efficient and reliable services make them a trusted partner in the financial industry.
