ELLIOTT ADVISORS (UK) LIMITED

PaymentCheck Score 2023
82Good
8.7vs last year
#1710 in UK
#314 in Financial Services
#755 in London

Company Information

Company Number
02989338
Registered Address
Park House, 116 Park Street, London, W1K 6AF
Status
Active
Employee Count
133
Turnover
£163,901,000
EBITDA
£8,986,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 November 1994
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
59%
31-60 Days
18%
After 60 Days
24%
Not Paid Within Terms42%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-12-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202304 Dec 20231672%15%13%28%
01 Jan 2022 - 31 Dec 202206 Dec 20231559%18%24%42%

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

Elliott Advisors (UK) Limited standard payment terms are 30 days. All invoices will be processed for payment 30 days from the date of the invoice by the Accounts Payable team to the extent that the supplier has completely and properly delivered/performed the agreement and to the extent that the supplier has delivered a valid invoice.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

In the event of a dispute with a supplier, the Accounts Payable team can liaise with the business contact/relationship holder to work with the supplier to resolve the dispute. The Accounts Payable team have 48 hours to resolve all queries raised providing the information is available.

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

Company Summary

ELLIOTT ADVISORS (UK) LIMITED is a leading investment firm based in London, UK. The company offers a range of financial services, including investment management and advisory services, to clients worldwide.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes promoting sustainable investing and incorporating environmental, social, and governance (ESG) factors into its investment decisions.

ELLIOTT ADVISORS (UK) LIMITED offers a diverse range of products and services to its clients. These include asset management, corporate restructuring, risk management, and strategic advisory services. The company also specializes in distressed and event-driven investing, providing clients with opportunities to invest in undervalued assets and companies going through significant changes.

The key people at ELLIOTT ADVISORS (UK) LIMITED include Paul Singer, the founder and CEO, and Gordon Singer, the President. Both are experienced and respected figures in the financial industry, with a track record of successful investments and business strategies.

The company's website (www.elliottadvisors.co.uk) provides detailed information about its services, team, and sustainability efforts. The registered office address is 1 St James's Market, SW1Y 4AH, London, UK.

Overall, ELLIOTT ADVISORS (UK) LIMITED is a reputable investment firm with a strong focus on sustainability and a wide range of products and services to meet the needs of its clients.

Financial Metrics

Cash
£22,970,561
Net Worth
£43,067,060
Total Current Assets
£180,603,776
Total Current Liabilities
£138,560,062

Company Location