URANIUM ASSET MANAGEMENT LIMITED

PaymentCheck Score 2024
78Good
New Entry
#2254 in UK
#17 in Raw Materials And Intermediate Goods
#131 in North West

Company Information

Company Number
03162046
Registered Address
Springfields, Salwick, Preston, Lancashire, PR4 0XJ
Status
Active
Employee Count
5
Turnover
£136,366,000
EBITDA
£23,687,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 February 1996
Nature of Business
46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals
46720 - Wholesale of metals and metal ores
Industries
Raw Materials And Intermediate Goods
Region
North West

Time to Pay

Average Time to Pay
29 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
63%
31-60 Days
32%
After 60 Days
5%
Not Paid Within Terms5%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-01-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202422 Jan 20252963%32%5%5%

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

42 days

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

60

Dispute Resolution Process

For payment queries the suppliers are asked to contact UAM in the first instance and then email the accounts payable department. Matters not resolved immediately with the accounts payable section can be referred to the Westinghouse procurement team. A new Accounts Payable process has been implemented to ensure invoice queries can be escalated and resolved more timely and effectively.

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

Uranium Asset Management Limited (UAM) is a leading investment management firm specializing in the uranium industry. Headquartered in London, UAM offers a range of investment solutions and services to clients worldwide.

UAM's sustainability program is centered around responsible and ethical investment practices. They strive to minimize the environmental impact of their operations and actively support sustainable development in the communities where they operate. UAM also conducts thorough research and analysis to ensure that all investments align with their sustainability principles.

One of UAM's main products is their Uranium Investment Fund, which provides investors with exposure to the uranium market. The fund is managed by a team of experienced professionals, including CEO Richard Taylor, who has over 20 years of experience in the finance and energy industries. UAM also offers bespoke solutions for institutional clients, tailored to meet their specific investment objectives.

UAM's website, www.uraniumasset.com, provides detailed information about their products and services, as well as industry insights and market updates. Their registered office address is located at 10 Paternoster Square, London EC4M 7LS, United Kingdom.

In summary, Uranium Asset Management Limited is a reputable investment management firm with a strong focus on sustainability. They offer a range of investment solutions and services, led by a team of experienced professionals, and can be contacted through their website or registered office address.

Financial Metrics

Cash
£280,585
Net Worth
£200,045,282
Total Current Assets
£215,990,943
Total Current Liabilities
£19,041,804

Company Location