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.
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.
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.
| 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 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
TP ICAP Broking Limited operates under the Tullett Prebon brand, part of the TP ICAP group. It acts as an intermediary in wholesale financial, energy and commodities markets, seeking to maximise value for clients' trading activities through voice, hybrid and electronic broking channels. The company is registered in London and its listed business activity is financial intermediation not elsewhere classified. As part of a wider group, it forms one of the operating entities through which TP ICAP conducts its broking business across various asset classes.
Generated from the company's website and Companies House records. Sources: tullettprebon.com · tullettprebon.com · tullettprebon.com