WESTERN ASSET MANAGEMENT COMPANY LIMITED
Company Information
- Company Number
- 02479672
- Registered Address
- 10 Exchange Square, Primrose Street, London, EC2A 2EN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 March 1990
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
WESTERN ASSET MANAGEMENT COMPANY LIMITED demonstrates a strong positive payment trend with an average payment time of just 14 days. A substantial 96% of invoices are paid within 30 days, indicating consistent and prompt payment behavior. The low 7% late payment rate further reinforces a reliable and predictable payment trajectory for suppliers.
Volatility Analysis
The company exhibits high reliability and predictability in its payment practices, with 96% of payments completed within 30 days. Only a minor 4% of invoices extend beyond 30 days, suggesting very low payment volatility. The low incidence of late payments (7%) and minimal delays beyond 60 days indicate a stable and low-risk payment profile for suppliers.
Summary Analysis
WESTERN ASSET MANAGEMENT COMPANY LIMITED presents a highly favorable payment profile, making them a very reliable partner for suppliers. Key decision factors include their exceptionally fast average payment time and consistent adherence to prompt payment, minimizing cash flow risk. Suppliers can proceed with confidence and standard credit terms; specific risk mitigation strategies beyond routine due diligence are unlikely to be necessary.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 14 | 96% | 3% | 1% | 7% |
| 01 Oct 2024 - 31 Mar 2025 | 10 Apr 2025 | 15 | 96% | 4% | 0% | 15% |
| 01 Apr 2024 - 30 Sept 2024 | 22 Oct 2024 | 16 | 94% | 5% | 1% | 13% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 18 | 89% | 9% | 2% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 11 Oct 2023 | 18 | 90% | 9% | 1% | 12% |
| 01 Oct 2022 - 31 Mar 2023 | 24 Apr 2023 | 15 | 97% | 3% | 0% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 12 | 97% | 3% | 0% | 5% |
| 01 Oct 2021 - 31 Mar 2022 | 06 Apr 2022 | 13 | 96% | 3% | 1% | 5% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 12 | 98% | 2% | 0% | 3% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 13 | 96% | 3% | 1% | 7% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 11 | 96% | 3% | 1% | 28% |
| 01 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 23 | 77% | 19% | 4% | 35% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 27 | 73% | 20% | 7% | 39% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 23 | 78% | 21% | 1% | 33% |
| 01 Apr 2018 - 30 Sept 2018 | 10 Oct 2018 | 21 | 91% | 8% | 1% | 39% |
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
Franklin Templeton Global Accounts Payable is committed to paying invoices in the fastest and most efficient fashion possible. Submitted invoices are reviewed for accuracy and payment is made when the supplier has completely and properly delivered/performed the agreement and when the correct invoice is delivered to the Accounting Department.
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 the event of a dispute with a supplier a complaint can be raised to the finance department of Western Asset Management Company Limited. Western Asset Management Company Limited will send the complaint to the invoice approver within Franklin Templeton responsible for follow up with the supplier to resolve the dispute within a reasonable time.
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.
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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.
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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
WESTERN ASSET MANAGEMENT COMPANY LIMITED is an active private limited company operating within the asset management sector
Its core business focuses on the professional management of financial assets
The company was incorporated on 12 March 1990 and operates as an active entity under company number 02479672
Its registered office is located in London at 10 Exchange Square, Primrose Street, London, EC2A 2EN
In the UK market, asset management companies typically specialise in providing investment management services to institutional and individual clients
These services often include portfolio management, financial advisory, and managing investments across various asset classes such as equities and fixed income
