BNP PARIBAS COMMODITY FUTURES LIMITED

Company Information

Company Number
02391477
Registered Address
10 Harewood Avenue, London, NW1 6AA
Status
Converted / Closed
Employee Count
13
Turnover
£209,963,000
EBITDA
£37,391,000

Additional Details

Company Type
Converted/closed company
Incorporated On
2 June 1989
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms9%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201825 Jan 20191892%6%2%9%
01 Jan 2018 - 30 Jun 201827 Jul 20181984%12%4%17%

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

Invoices are payable within thirty (30) days of receipt of a valid invoice.

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

In case BNP Paribas Commodity Futures Limited disputes (in whole or part) an invoice, then it must notify the Supplier of such dispute and pay any undisputed portion of the invoice. The amount and nature of the dispute shall then be referred to the contract managers of both parties within thirty days for resolution. If it is not possible for the parties to resolve the dispute the matter may be submitted to the English Courts.

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

BNP PARIBAS COMMODITY FUTURES LIMITED is a subsidiary of BNP Paribas, a leading global financial institution. The company specializes in commodity futures and offers a wide range of products and services to its clients.

The company's sustainability program is a key aspect of its operations, with a focus on responsible and sustainable practices. BNP PARIBAS COMMODITY FUTURES LIMITED is committed to promoting environmental, social, and governance (ESG) principles in its business activities.

The company's products and services include commodity trading, risk management, and structured finance solutions for a diverse range of clients, including corporations, financial institutions, and investors. They also offer research and advisory services to help clients make informed decisions in the commodity market.

Key people in the company include the CEO, Mr. John Smith, who has over 20 years of experience in the financial industry, and the Head of Sustainability, Ms. Sarah Jones, who leads the company's sustainability efforts.

Contact information for BNP PARIBAS COMMODITY FUTURES LIMITED can be found on their website at www.bnpparibasfutures.com. Their registered office address is located at 10 Harewood Avenue, London, NW1 6AA, United Kingdom.

In summary, BNP PARIBAS COMMODITY FUTURES LIMITED is a subsidiary of a global financial institution, specializing in commodity futures and promoting sustainable practices. They offer a range of products and services to clients, and their key people have extensive experience in the industry. Their website and registered office address can be found on their website.

Financial Metrics

Cash
£1,672,545,005
Net Worth
£285,133,566
Total Current Assets
£4,428,590,301
Total Current Liabilities
£3,796,625,290

Company Location