Score of 84.3/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 23 Jan 2026 | 31 | 83% | 11% | 6% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 23 | 83% | 17% | 0% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 71 | 38% | 31% | 31% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 23 | 81% | 14% | 5% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 27 | 82% | 9% | 9% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 46 | 39% | 43% | 18% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 33 | 69% | 19% | 13% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jan 2023 | 27 | 77% | 23% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2023 | 33 | 67% | 24% | 9% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jan 2022 | 35 | 60% | 31% | 10% | 6% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 50 | 67% | 10% | 23% | 34% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 34 | 58% | 29% | 13% | 47% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 37 | 48% | 32% | 19% | 61% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
CME shall make payment to Company forty five (45) days from the date of the receipt of the invoice provided that there is no reasonable dispute with respect to the work.
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
45
When AP receives a query from a vendor regarding a payment for an invoice, a check would be done to see if the invoice has been processed for payment. AP would then provide the vendor with the details and breakdown of the payment. AP would also confirm that the remittances are being sent to the correct email address and update if needed. If the invoices had not been paid AP would provide an update of the status of the invoice and work with the business to get the invoices paid and to try to prevent late payment going forwards. Once the invoices are paid AP would contact the vendor again to confirm they had received the funds. If there are any discrepancies on the invoice (E.g., pricing or delivery), AP would notify the vendor and internal contact at point of input in the AP system to get it resolved and paid in a timely manner. AP would also advise of any changes needed to be made to any future invoices to prevent any further delays.
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.
❌
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
EBS Group Limited is a registered UK holding entity within the TP ICAP Group, with its stated business as activities of a financial services holding company. The evidence identifies EBS as a major electronic trading platform for foreign exchange, acquired by ICAP in 2006. ICAP itself operates as an intermediary in wholesale financial, energy and commodities markets, facilitating and executing trades for financial institutions across asset classes such as rates, equities, FX, money markets, fixed income and credit, using both voice brokers and electronic trading platforms. The wider group operates in 22 countries from 33 locations. This entity's own role is as a holding company associated with the EBS foreign exchange platform within that broader group structure.
Generated from the company's website and Companies House records. Sources: icap.com · icap.com