GOLDMAN SACHS INTERNATIONAL

PaymentCheck Score 2024
87Good
11.8vs last year
#1419 in UK
#227 in Financial Services
#658 in London

Company Information

Company Number
02263951
Registered Address
Plumtree Court, 25 Shoe Lane, London, United Kingdom, EC4A 4AU
Status
Active
Employee Count
3,842
Turnover
£10,271,000,000
EBITDA
£4,313,000,000

Additional Details

Company Type
Private unlimited company
Incorporated On
2 June 1988
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services,Information Technology,Telecommunications And Data,Professional Services,Property,Infrastructure And Construction,Safety And Security
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:10 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
80%
31-60 Days
11%
After 60 Days
9%
Not Paid Within Terms15%

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)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20251985%8%7%11%
01 Jan 2024 - 30 Jun 202430 Jul 20242680%11%9%15%
01 Jul 2023 - 31 Dec 202330 Jan 20243473%13%14%21%
01 Jan 2023 - 30 Jun 202326 Jul 20233469%14%17%30%
01 Jan 2022 - 30 Jun 202228 Jul 20222776%12%12%22%
01 Jul 2021 - 31 Dec 202128 Jan 20222676%12%12%21%
01 Jan 2021 - 30 Jun 202129 Jul 20212281%10%9%17%
01 Jun 2020 - 31 Dec 202030 Jan 20212182%11%7%13%
01 Dec 2018 - 31 May 201927 Jun 20193266%23%11%30%
01 Jan 2018 - 30 Jun 201827 Jul 20183763%19%18%36%

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

Our standard payment terms vary according to the nature of the goods/services that we require but, in general, our standard payment terms for vendors are 30 days from the date of receipt of a valid invoice. There are two notable exceptions to this: (i) for technology vendors, our standard payments terms are 45 days from the date of receipt of a valid invoice; and (ii) for external law firms, we do not specify a contractual payment period, but generally commit to paying law firm invoices within 60 days from the date of receipt of a valid invoice. To the extent that law firm invoices form part of the “percentage of invoices due but not paid within agreed contractual terms” statistic in this report, we have worked on this basis.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

90

Dispute Resolution Process

If at any time any question, dispute or difference arises between Goldman Sachs and a vendor, such question, dispute or difference should be raised by the vendor to its Goldman Sachs’ contact managing their relationship, who may escalate if necessary. Formal dispute processes are detailed in contracts with vendors.

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

Goldman Sachs International is a global investment banking, securities and investment management firm headquartered in London, United Kingdom. The company offers a wide range of financial services to corporations, governments, and individuals.

In terms of sustainability, Goldman Sachs International has implemented a comprehensive program to reduce its environmental impact and promote sustainable practices. This includes reducing greenhouse gas emissions, managing water and waste, and promoting sustainable supply chain practices. The company also has a diversity and inclusion program to ensure equal opportunities for all employees.

Goldman Sachs International's products and services include investment banking, asset management, securities, and wealth management. The company also provides financing solutions for clients, including mergers and acquisitions, public offerings, and private placements.

The key people at Goldman Sachs International include Richard Gnodde, CEO of Goldman Sachs International and co-head of the Investment Banking Division; and Michael Sherwood, Vice Chairman of Goldman Sachs International and co-CEO of Goldman Sachs International.

The registered office address for Goldman Sachs International is Peterborough Court, 133 Fleet Street, London, EC4A 2BB, United Kingdom. The company's website is www.goldmansachs.com.

Financial Metrics

Cash
£9,571,580,410
Net Worth
£34,051,999,019
Total Current Assets
£982,646,553,838
Total Current Liabilities
£948,764,614,504

Company Location