STJAMESS PLACE MANAGEMENT SERVICES LIMITED

Company Information

Company Number
02661044
Registered Address
St. James's Place House, 1 Tetbury Road, Cirencester, Gloucestershire, England, GL7 1FP
Status
Active
Employee Count
1979.0
Turnover
417323000.0
EBITDA
-41775000.0

Additional Details

Company Type
Private limited Company
Incorporated On
7 November 1991
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
South West

Company Location

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Financial Metrics

Cash
£8,265,000.00
Net Worth
-£33,983,000.00
Total Current Assets
£291,950,000.00
Total Current Liabilities
£397,635,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

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

Payment Timeline

Within 30 Days
86%
31-60 Days
11%
After 60 Days
3%
Not Paid Within Terms14%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20242286%11%3%14%
01 Jan 2023 - 30 Jun 202321 Jul 20232684%14%2%16%
01 Jul 2022 - 31 Dec 202231 Jan 20232782%15%3%18%
01 Jan 2022 - 30 Jun 202231 Jul 20222976%20%4%24%
01 Jan 2021 - 30 Jun 202130 Jul 20212881%15%3%18%
01 Jul 2020 - 31 Dec 202027 Jan 20212982%14%4%18%
01 Jan 2020 - 30 Jun 202031 Jul 20202878%18%3%22%
01 Jul 2019 - 31 Dec 201928 Jan 20202384%13%3%16%
01 Jan 2019 - 30 Jun 201929 Jul 20192286%12%2%14%
01 Jan 2019 - 30 Jun 201916 Jul 2019
01 Jul 2018 - 31 Dec 201830 Jan 20192188%10%2%12%
01 Jul 2018 - 31 Dec 201830 Jan 2019
01 Jul 2018 - 31 Dec 201828 Jan 2019
01 Jan 2018 - 30 Jun 201819 Jul 20182480%17%3%20%

Company Summary

ST.JAMES'S PLACE MANAGEMENT SERVICES LIMITED is a leading wealth management company based in the UK

They offer a variety of financial services to their clients, including investment management, retirement planning, and tax planning

The company has a strong focus on sustainability and is committed to making a positive impact on the environment

They have implemented various initiatives to reduce their carbon footprint and promote sustainable practices within their operations

ST.JAMES'S PLACE MANAGEMENT SERVICES LIMITED offers a range of products and services to meet the diverse needs of their clients

These include investment portfolios, pension plans, and insurance products

They also provide expert financial advice and personalized solutions to help their clients achieve their financial goals

The key people at ST.JAMES'S PLACE MANAGEMENT SERVICES LIMITED include CEO Andrew Croft and Chairman Iain Cornish, who bring a wealth of experience and expertise to the company

The team is dedicated to delivering exceptional service and building long-term relationships with their clients

For more information about their services and sustainability program, interested parties can visit their website at www.sjp.co.uk

The company's registered office address is St

James's Place House, 1 Tetbury Road, Cirencester, Gloucestershire, GL7 1FP, UK

Company Review

Trend Analysis

From 2018 to 2023, there has been a fluctuating trend in the average time taken for ST.JAMES'S PLACE MANAGEMENT SERVICES LIMITED to pay their invoices. The trend has shown a slight increase in the average time taken to pay, with the highest being in 2020 and 2022 at 29 days, and the lowest being in 2018 at 24 days.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively stable, ranging from 76% to 88% over the past three periods. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, with the highest being in 2022 at 20% and the lowest being in 2018 at 10%. The percentage of invoices paid later than 60 days has also remained stable, ranging from 2% to 4% over the past three periods.

Summary Analysis

From the data provided, it can be seen that there has been a slight increase in the average time taken for ST.JAMES'S PLACE MANAGEMENT SERVICES LIMITED to pay their invoices over the past three periods. The highest average time taken was in 2020 and 2022 at 29 days, while the lowest was in 2018 at 24 days.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Standard

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

We seek to engage with other parties on a collaborative basis to resolve any dispute as soon as it arises, with involvement from suitably authorised stakeholders in Finance, Legal and Procurement departments as appropriate. Where the parties are unable to agree a mutually acceptable resolution between themselves, a more formal process will be utilised, such as the appointment of an independent mediator or, as a last resort, submission to the court’s jurisdiction.

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