MERRILL LYNCH INTERNATIONAL

PaymentCheck Score 2025
73Fair
19.4vs last year
#2221 in UK
#282 in Financial Services
#938 in London

Company Information

Company Number
02312079
Registered Address
2 King Edward Street, London, EC1A 1HQ
Status
Active
Employee Count
2,247
Turnover
£4,028,000,000
EBITDA
£1,207,000,000

Additional Details

Company Type
Private unlimited company
Incorporated On
2 November 1988
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services,Professional Services,Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
77%
31-60 Days
14%
After 60 Days
9%
Not Paid Within Terms18%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202517 Jul 20253264%20%16%21%
01 Jul 2024 - 31 Dec 202428 Jan 20253077%14%9%18%
01 Jan 2024 - 30 Jun 202430 Jul 20246417%42%40%82%
01 Jul 2023 - 31 Dec 202319 Jan 20245149%28%23%51%
01 Jul 2022 - 31 Dec 202218 Jan 20235051%25%24%49%
01 Jan 2022 - 30 Jun 202222 Jul 20224951%26%23%49%
01 Jul 2021 - 31 Dec 202120 Jan 20223860%27%13%40%
01 Jan 2021 - 30 Jun 202128 Jul 20214059%26%15%41%
01 Jan 2018 - 30 Jun 201823 Jul 20185948%23%29%52%

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; once fully approved, invoices are paid in the next scheduled payment run. The frequency of payment runs depend on, amongst other things, currency of invoice however are typically completed at least weekly.

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

Invoice payment disputes, complaints or concerns should be raised to Corporate Accounts Payable via email at aphelpdesk@ml.com or via phone 0207 995 2115. All emails will be responded to within 2 business days. Any escalations should be raised to the Accounts Payable Manager whose contact details are available upon 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

MERRILL LYNCH INTERNATIONAL is a leading global financial services company that offers a wide range of products and services to its clients. The company is committed to sustainability and has implemented various initiatives to promote environmental, social, and governance responsibility.

One of the key activities of MERRILL LYNCH INTERNATIONAL is providing financial advisory and investment management services to its clients. This includes wealth management, asset management, and investment banking services. The company also offers a range of products such as stocks, bonds, and mutual funds to help clients achieve their financial goals.

MERRILL LYNCH INTERNATIONAL has a strong commitment to sustainability and has established a sustainability program to promote responsible business practices. This includes reducing their carbon footprint, investing in renewable energy, and promoting diversity and inclusion in the workplace.

The company's sustainability program is led by its Chief Sustainability Officer, who works closely with the executive leadership team to integrate sustainability into all aspects of the business. MERRILL LYNCH INTERNATIONAL also has a dedicated team responsible for implementing and tracking sustainability initiatives.

For clients interested in learning more about the company's sustainability efforts, MERRILL LYNCH INTERNATIONAL has a dedicated section on their website that provides information on their sustainability strategy, goals, and progress.

MERRILL LYNCH INTERNATIONAL's registered office address is 2 King Edward Street, London, EC1A 1HQ, United Kingdom. Their website address is www.ml.com.

In conclusion, MERRILL LYNCH INTERNATIONAL is a global financial services company that offers a wide range of products and services while also prioritizing sustainability and responsible business practices. With dedicated leadership and a strong commitment to sustainability, the company continues to make strides towards a more sustainable future.

Financial Metrics

Cash
£4,506,024,096
Net Worth
£29,364,658,635
Total Current Assets
£311,603,212,851
Total Current Liabilities
£265,063,453,815

Company Location