STATE STREET GLOBAL ADVISORS LIMITED
Company Information
- Company Number
- 02509928
- Registered Address
- 20 Churchill Place, Canary Wharf, London, E14 5HJ
- Status
- Active
- Employee Count
- 316
- Turnover
- £209,280,000
- EBITDA
- £70,020,000
Additional Details
- Website
- https://ssga.com
- Company Type
- Private limited Company
- Incorporated On
- 8 June 1990
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 11 Jul 2025 | 18 | 82% | 14% | 4% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 09 Jan 2025 | 22 | 79% | 8% | 13% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 05 Jul 2024 | 22 | 78% | 15% | 7% | 27% |
| 01 Jul 2023 - 31 Dec 2023 | 10 Jan 2024 | 18 | 85% | 10% | 5% | 30% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 28 | 86% | 6% | 8% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 15 | 90% | 7% | 3% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Jul 2022 | 20 | 85% | 11% | 5% | 49% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Jan 2022 | 27 | 75% | 14% | 11% | 37% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jul 2021 | 21 | 83% | 12% | 5% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 16 | 91% | 4% | 5% | 29% |
| 01 Jan 1920 - 30 Jun 2020 | 29 Jul 2020 | 25 | 81% | 11% | 8% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 24 | 79% | 15% | 6% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 11 | 92% | 4% | 4% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 21 | 85% | 10% | 5% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 26 | 83% | 9% | 8% | 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
State Street Global Advisors Limited (SSGA) will pay for third-party goods and services within 45 days of receipt of a valid and undisputed VAT invoice, unless otherwise agreed in writing. Invoices should be addressed to the correct legal entity, provide contact details of the State Street contact placing the order, a full description of the goods or services provided and the supplier’s bank account details to avoid any delay in payment. Invoices should be sent directly in the first instance via email to LondonAccountsPayable@statestreet.com. E-invoicing is not offered to all suppliers as a standard process, however certain categories of supplies are offered e-invoicing, for example, legal services. SSGA may offset amounts owing to it by the supplier and may withhold payment of the invoice if there is a genuine dispute relating to it.
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
90
Dispute Resolution Process
SSGA endeavours to resolve any supplier disputes fairly and promptly. Disputes are handled in the first instance by discussion between the contracting business and the supplier. Suppliers can also contact SSGA's dedicated Accounts Payable team (LondonAccountsPayable@statestreet.com) who will typically manage the dispute to resolution, escalating as necessary to senior SSGA contacts.
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
State Street Global Advisors Limited is a leading investment management company based in London, United Kingdom. It offers a wide range of services, including investment management, research, and advisory services, to institutional investors, corporations, and high net worth individuals.
The company's sustainability program is focused on promoting responsible investing and sustainable business practices. It has committed to reducing its carbon footprint and has set targets to increase its use of renewable energy sources. State Street Global Advisors Limited also incorporates environmental, social, and governance (ESG) factors into its investment decisions, aiming to create long-term value for its clients while also having a positive impact on society and the environment.
State Street Global Advisors Limited offers a variety of products and services to its clients, including mutual funds, exchange-traded funds (ETFs), and separately managed accounts. It also provides customized investment solutions to meet the specific needs of its institutional clients.
Key people at State Street Global Advisors Limited include the CEO and President, Cyrus Taraporevala, and the Head of EMEA, Lochiel Crafter. The company has a team of experienced investment professionals and a global network of offices to serve its clients.
The company's website address is https://www.ssga.com and its registered office address is 20 Churchill Place, Canary Wharf, London E14 5HJ, United Kingdom. State Street Global Advisors Limited is committed to providing sustainable and responsible investment solutions to its clients and is a leading player in the UK investment management industry.
