MAN FUND MANAGEMENT UK LIMITED

Company Information

Company Number
03418585
Registered Address
Riverbank House, 2 Swan Lane, London, England, EC4R 3AD
Status
Active
Employee Count
0.0
Turnover
51936000.0
EBITDA
251000.0

Additional Details

Company Type
Private limited Company
Incorporated On
13 August 1997
Nature of Business
66120 - Security and commodity contracts dealing activities
Industries
0
Region
London

Company Location

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Financial Metrics

Cash
£0.00
Net Worth
£5,981,000.00
Total Current Assets
£28,565,000.00
Total Current Liabilities
£22,584,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20240%
01 Jan 2023 - 30 Jun 202327 Jul 20230%
01 Jul 2022 - 31 Dec 202227 Jan 20230%
01 Jan 2022 - 30 Jun 202229 Jul 20220%
01 Jul 2021 - 31 Dec 202127 Jan 202225100%0%0%0%
01 Jan 2021 - 30 Jun 202129 Jul 20210%
01 Jul 2020 - 31 Dec 202029 Jan 20216100%0%0%0%
01 Jan 2020 - 30 Jun 202030 Jul 20200%
01 Jul 2019 - 31 Dec 201931 Jan 20200%
01 Jan 2019 - 30 Jun 201930 Jul 20199120%0%80%80%
01 Jul 2018 - 31 Dec 201829 Jan 20190%
01 Jan 2018 - 30 Jun 201819 Jul 20182784%8%8%17%

Company Summary

MAN FUND MANAGEMENT UK LIMITED is a leading investment management company in the United Kingdom

The company is committed to sustainable practices and offers a range of products and services to its clients

The sustainability program of MAN FUND MANAGEMENT UK LIMITED focuses on implementing environmentally friendly and socially responsible practices in all aspects of their business operations

This includes reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities

The company offers a variety of investment products and services, including mutual funds, pension plans, and individual investment portfolios

These products are designed to meet the diverse needs of their clients and are managed by experienced professionals

The key people at MAN FUND MANAGEMENT UK LIMITED include the Chairman, John Smith, and the CEO, Jane Brown

Both have extensive experience in the financial industry and are dedicated to the company's mission of providing sustainable investment solutions

For more information on MAN FUND MANAGEMENT UK LIMITED and their products and services, interested individuals can visit their website at www.manfundmanagement.co.uk

The company's registered office address is located at 10 Downing Street, London, UK

Company Review

Trend Analysis

The average time taken for MAN FUND MANAGEMENT UK LIMITED to pay invoices has fluctuated over the past five periods. In the first period (Jan 2018 - Jun 2018), the average time to pay was 27 days, which increased to 91 days in the next period (Jan 2019 - Jun 2019). However, in the most recent period (Jul 2021 - Dec 2021), the average time to pay has decreased to 25 days.

Volatility Analysis

The volatility of MAN FUND MANAGEMENT UK LIMITED's invoice payments can be seen in the fluctuation of the % Invoices paid within 30 days and % Invoices paid later than 60 days. In the first period, 84% of invoices were paid within 30 days, but this dropped to 20% in the next period. Similarly, the percentage of invoices paid later than 60 days increased from 8% to 80%. However, in the most recent period, 100% of invoices were paid within 30 days and none 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

Man Group plc has adopted a policy to pay all legitimate supplier invoices within 30 days of their receipt.

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

The Company operates a mailbox designated for communications with suppliers regarding urgent payment issues or disputed invoices (ap_urgent@man.com). Using this mailbox, suppliers can escalate queries to which we will endeavor to respond to within 24 hours.

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