PIMCO EUROPE LTD
Company Information
- Company Number
- 02604517
- Registered Address
- 11 Baker Street, London, W1U 3AH
- Status
- Active
- Employee Count
- 97
- Turnover
- £482,384,000
- EBITDA
- £72,361,000
Additional Details
- Website
- https://pimco.com
- Company Type
- Private limited Company
- Incorporated On
- 24 April 1991
- Nature of Business
- 66300 - Fund management activities
- Industries
- Financial Services
- Region
- London
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 | 15 Jul 2025 | 0% | ||||
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 0% | ||||
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 27 | 75% | 20% | 5% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 26 | 78% | 17% | 5% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 25 | 82% | 11% | 7% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 23 | 80% | 17% | 3% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 20 | 85% | 13% | 2% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 23 | 82% | 15% | 3% | 21% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 28 | 70% | 26% | 4% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 29 | 58% | 40% | 2% | 42% |
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
30 days
Were there any changes to the standard payment terms in the reporting period?
A service entity, which is not a UK company, was established in April 2024 and pays all invoices on behalf of PIMCO Europe Ltd. As a result no invoices were paid by the company during the period. However, PIMCO’s overall policy has not changed with regard to the payment of invoices.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
PIMCO’s standard payment terms are 30 days. If an invoice is not paid to a supplier within 30 days and we are contacted by the vendor, we will establish why this has not been paid, i.e. the invoice has not been received by Finance but has been given to another department, the invoice has been emailed to the wrong purchase ledger system alias or the invoice is under query between the person who procured the goods and services and the supplier. PIMCO Finance would then notify the vendors Finance department for the reason for non-payment. If the invoice was held up by another department or was awaiting approval in the PIMCO approval chain, we would seek to pay the invoice as soon as possible to ensure that the relationship with the vendor is not adversely affected.
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.
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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.
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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
PIMCO EUROPE LTD is a leading investment management company, specializing in fixed income and active global strategies. They are committed to sustainability and have a dedicated sustainability program in place.
Their products and services include a wide range of investment solutions for institutional and individual investors, including mutual funds, exchange-traded funds, and separately managed accounts. They also offer customized investment solutions for their clients.
PIMCO EUROPE LTD has a team of experienced and knowledgeable professionals, including portfolio managers, analysts, and researchers, who work together to provide innovative investment strategies and solutions for their clients.
Their sustainability program focuses on integrating environmental, social, and governance (ESG) factors into their investment decisions. They also engage with companies to promote responsible business practices and advocate for sustainable policies.
For more information on PIMCO EUROPE LTD and their products and services, you can visit their website at www.pimco.co.uk. Their registered office address is 11 Baker Street, London, W1U 3AH, United Kingdom.
