ALCENTRA LIMITED
Company Information
- Company Number
- 02958399
- Registered Address
- Cannon Place, 78 Cannon Street, London, United Kingdom, EC4N 6HL
- Status
- Active
- Employee Count
- 139.0
- Turnover
- 106393000.0
- EBITDA
- 60078000.0
Additional Details
- Website
- https://www.alcentra.com/
- Company Type
- Private limited Company
- Incorporated On
- 12 August 1994
- Nature of Business
- 66120 - Security and commodity contracts dealing activities
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 16 | 92% | 7% | 1% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 38 | 66% | 16% | 18% | 31% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 32 | 80% | 12% | 8% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 30 | 64% | 23% | 13% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 33 | 59% | 28% | 13% | 54% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 31 | 73% | 15% | 11% | 29% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 25 | 82% | 9% | 9% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 38 | 74% | 12% | 15% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 53 | 64% | 12% | 24% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 50 | 60% | 15% | 26% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 46 | 57% | 22% | 21% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 58 | 57% | 16% | 27% | 40% |
Company Summary
ALCENTRA LIMITED is a financial services company based in London, United Kingdom
The company is focused on providing credit and investment solutions to a wide range of clients, including institutional investors, corporations and financial institutions
The sustainability program of ALCENTRA LIMITED is centered around responsible investing and corporate social responsibility
They are committed to incorporating environmental, social and governance (ESG) factors into their investment decisions, as well as promoting ethical and sustainable business practices
The company offers a variety of products and services, including leveraged loans, mezzanine and senior debt, and structured credit
They also provide investment management services for a range of funds, including collateralized loan obligations (CLOs) and alternative credit funds
Some key people at ALCENTRA LIMITED include the CEO, David Forbes-Nixon, and the Head of ESG, Sarah Williams
The company also has a team of experienced investment professionals and support staff
For more information on ALCENTRA LIMITED and their services, you can visit their website at www.alcentra.com
Their registered office address is 2nd Floor, 100 Bishopsgate, London EC2N 4AG, United Kingdom
Overall, ALCENTRA LIMITED is a reputable and socially responsible company, offering a range of financial services to meet the diverse needs of their clients
Company Review
Trend Analysis
The trend for Alcentra Limited's average time to pay invoices has been decreasing since 2018, with a dip in 2020 and then a slight increase in 2021. This suggests that the company has been paying invoices more quickly in recent years.
Volatility Analysis
The volatility in Alcentra Limited's average time to pay invoices has been relatively stable, with a few small fluctuations but no major spikes or dips.
Summary Analysis
In the 3 periods analysed, Alcentra Limited has shown a consistent decrease in their average time to pay invoices. The company's best period was from 2023-07-01 to 2023-12-31, where 92% of invoices were paid within 30 days and only 1% were paid later than 60 days. This is a significant improvement compared to their worst period, from 2022-07-01 to 2022-12-31, where only 80% of invoices were paid within 30 days and 13% were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Global AP is committed to paying invoices in the fastest and most efficient fashion possible since the moment of invoice receipt. Submitted invoices are reviewed for accuracy and payment is made when supplier has completely and properly delivered/performed the agreement and when correct invoice is delivered to Accounting Department.
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
In the event of a dispute with supplier a complaint can be raised to Franklin Templeton Customer Service. This department will send the complaint to the invoice approver within Franklin Templeton responsible for follow up with the supplier to resolve the dispute within a reasonable time.
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