NUMIS CORPORATION PLC

Company Information

Company Number
02375296
Registered Address
45 Gresham Street, London, England, EC2V 7BF
Status
Active
Employee Count
338
Turnover
Coming Soon
EBITDA
-£6,489,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 April 1989
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
42 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
51%
31-60 Days
34%
After 60 Days
15%
Not Paid Within Terms49%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

The company's policy is to pay suppliers within the agreed credit terms of 30 days. Occasionally minor payment delays may occur if invoices are disputed.

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

30

Dispute Resolution Process

The company has a dedicated email address for vendors to submit invoices and invoice queries. The accounts payable team will reach out to the invoice contact if it is not clear why an invoice has not been approved for payment. Any payment disputes are considered by the relevant Head of Department and if necessary the Chief Financial Officer. Disputes will be resolved as soon as practicably possible.

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

Numis Corporation PLC is a London-based independent investment banking and broking firm that offers a range of financial services to its clients. The company was founded in 1989 and has since then established itself as a leading player in the UK equity market.

The company's sustainability program focuses on responsible and ethical business practices, as well as contributing to the local communities in which it operates. Numis Corporation has implemented various initiatives to reduce its environmental impact, such as using energy-efficient technologies and promoting recycling and waste reduction.

Numis Corporation's main products and services include corporate broking, equity research, and trading services for institutional clients. The company also offers investment banking services, including mergers and acquisitions, debt and equity capital markets, and advisory services.

The key people of Numis Corporation include Alex Ham, the Chief Executive Officer, and Ross Mitchinson, the Chief Financial Officer. The company has a team of experienced professionals who are dedicated to providing high-quality services to their clients.

For more information on Numis Corporation PLC and their services, their website address is www.numiscorp.com. The company's registered office address is 10 Paternoster Square, London EC4M 7LT, United Kingdom.

Financial Metrics

Cash
£105,654,000
Net Worth
£184,946,000
Total Current Assets
£576,309,000
Total Current Liabilities
£396,665,000

Company Location