EXANE LIMITED
Company Information
- Company Number
- 02937460
- Registered Address
- One, Hanover Street, London, W1S 1YZ
- Status
- Converted / Closed
- Employee Count
- 221
- Turnover
- £129,744,000
- EBITDA
- £8,224,000
Additional Details
- Website
- https://www.exane.com/
- Company Type
- Converted/closed company
- Incorporated On
- 6 June 1994
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 40 | 57% | 24% | 19% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 35 | 57% | 31% | 12% | 43% |
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
Exane Limited standard terms are for payment to be made within 45 days of receipt of the relevant invoice from the supplier, however shorter or longer periods may be agreed with suppliers as appropriate depending on the nature of the transaction or commercial situation.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Exane Limited has a number of suppliers with contractual payment terms which stipulate that invoices are payable upon receipt / presentation. The company records such terms as 'zero days' in its systems, and while it aims to settle such invoices as quickly as possible, they will inevitably be reported as not being paid with agreed terms in the Payment statistics above.
Maximum contractual payment period agreed
60
Dispute Resolution Process
In case of any questions/disputes regarding payments, suppliers are advised to initially contact the Exane Finance Team who can generally resolve issues arising from delays in invoice processing or authorisation. Where there is a genuine dispute then issues are escalated to the approver / budget holder for resolution.
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.
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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.
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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
EXANE LIMITED is a UK-based financial services company that specializes in providing investment and trading services. The company was founded in 1990 and has its registered office located in London, UK.
One of the key activities of EXANE LIMITED is providing investment services to institutional clients, including asset management firms, hedge funds, and pension funds. The company offers a range of investment products, such as equities, fixed income, derivatives, and structured products. They also provide trading services, including execution, clearing, and prime brokerage.
EXANE LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. The company has set targets to reduce its carbon footprint and waste production, and has implemented energy-efficient measures in its offices. EXANE also supports various charities and community projects through its philanthropic activities.
The company's key people include CEO Simon Heale, who has been with the company since its inception, and Chief Operating Officer Nicolas Bouvier. They are supported by a team of experienced professionals in the financial services industry.
For more information on EXANE LIMITED and its services, potential clients can visit their website at www.exane.com. The company can also be contacted at their registered office address: 1 Hanover Street, London W1S 1YZ, United Kingdom. Overall, EXANE LIMITED is a reputable and sustainable financial services company that offers a range of investment and trading services to its clients.
