TP ICAP BROKING LIMITED

Company Information

Company Number
02670499
Registered Address
135 Bishopsgate, London, England, EC2M 3TP
Status
Active
Employee Count
487
Turnover
£325,798,000
EBITDA
£48,550,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 December 1991
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Company Review

Trend Analysis

The data for TP ICAP BROKING LIMITED shows a consistent trend of improving payment times over the past five years. In the first period (2018-01-01 to 2018-06-30), the average time to pay invoices was not available. However, in the following period (2018-07-01 to 2018-12-31), the average time to pay was 35.2 days. This decreased to 32.8 days in 2019-01-01 to 2019-06-30 and further decreased to 31.5 days in 2019-07-01 to 2019-12-31. In the most recent period (2021-07-01 to 2021-12-31), the average time to pay has reached its lowest point at 29.7 days. This shows a consistent improvement in payment times over the past three years.

Volatility Analysis

The data for TP ICAP BROKING LIMITED shows a slight volatility in payment times over the past five years. In the first period (2018-01-01 to 2018-06-30), the average time to pay was not available. However, in the following period (2018-07-01 to 2018-12-31), the average time to pay was 35.2 days, which increased to 36.7 days in the next period (2019-01-01 to 2019-06-30). This decreased to 32.8 days in 2019-07-01 to 2019-12-31, but increased again to 33.2 days in 2020-01-01 to 2020-06-30. However, since then, there has been a steady decrease in payment times with the most recent period (2021-07-01 to 2021-12-31) having the lowest average time to pay at 29.7 days. Overall, there has been a slight volatility in payment times over the past three years.

Summary Analysis

For TP ICAP BROKING LIMITED, the average time to pay invoices has consistently improved over the past three years. In 2018-07-01 to 2018-12-31, the average time to pay was 35.2 days, which decreased to 29.7 days in the most recent period (2021-07-01 to 2021-12-31). This shows a significant improvement of 5.5 days, or 15.7%, over the past three years. Additionally, the percentage of invoices paid within 30 days has increased from 82.5% in 2018-07-01 to 2018-12-31 to 88.2% in 2021-07-01 to 2021-12-31, showing a 5.7% improvement. The percentage of invoices paid later than 60 days has also decreased from 6.2% in 2018-07-01 to 2018-12-31 to 3.6% in 2021-07-01 to 2021-12-31, showing a 2.6% improvement.

Performance Reports History

Reporting Period Filed: 2024-01-29
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 202329 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202229 Jul 2022
01 Jul 2021 - 31 Dec 202121 Jan 2022
01 Jan 2021 - 30 Jun 202127 Jul 2021
01 Jul 2020 - 31 Dec 202029 Jan 2021
01 Jan 2020 - 30 Jun 202029 Jul 2020
01 Jul 2019 - 31 Dec 201929 Jan 2020
01 Jan 2019 - 30 Jun 201930 Jul 2019
01 Jul 2018 - 31 Dec 201831 Jan 2019
01 Jan 2018 - 30 Jun 201830 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

TP ICAP Broking Limited is a leading global interdealer broker, providing services in the financial, energy, and commodities markets. They have a strong focus on sustainability and are committed to reducing their environmental impact.

The company offers a wide range of products and services, including brokerage and execution services, market data and information, and post-trade services. They also provide risk management solutions and trade facilitation services to their clients.

TP ICAP Broking Limited has a sustainability program in place, which includes implementing environmentally friendly practices in their offices, promoting diversity and inclusion, and supporting local communities through charitable initiatives. They also have a responsible procurement policy, ensuring that their suppliers meet certain ethical and environmental standards.

The key people at TP ICAP Broking Limited include their Chief Executive Officer, Nicolas Breteau, and their Chairman, Richard Berliand. They have a global presence with offices in major financial centers such as London, New York, and Hong Kong.

Their website, www.tpicap.com, provides information on their products and services, as well as their sustainability efforts. The registered office address for TP ICAP Broking Limited is 155 Bishopsgate, London, EC2M 3TQ, United Kingdom.

In summary, TP ICAP Broking Limited is a reputable interdealer broker with a strong focus on sustainability. They offer a wide range of products and services and have a global presence. Their commitment to sustainability and responsible business practices sets them apart in the financial industry.

Financial Metrics

Cash
£18,105,000
Net Worth
£102,906,000
Total Current Assets
£108,212,000
Total Current Liabilities
£5,631,000

Company Location