WELLS FARGO SECURITIES INTERNATIONAL LIMITED
Company Information
- Company Number
- 03426903
- Registered Address
- 33 King William Street, London, United Kingdom, EC4R 9AT
- Status
- Active
- Employee Count
- 94
- Turnover
- £59,312,000
- EBITDA
- -£54,238,000
Additional Details
- Website
- https://emea.wf.com/
- Company Type
- Private limited Company
- Incorporated On
- 1 September 1997
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 30 Jan 2025 | 50 | 76% | 10% | 14% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 41 | 74% | 10% | 16% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 40 | 64% | 22% | 14% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 37 | 73% | 12% | 15% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 41 | 77% | 10% | 13% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 54 | 60% | 18% | 23% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 81 | 49% | 21% | 31% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 44 | 74% | 14% | 12% | 19% |
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
Standard and agreed maximum payment terms for UK suppliers under Wells Fargo master agreement or limited services contracts is 45 days from receipt of invoice. Purchases made via purchase order have 30 day terms. Suppliers are notified of applicable payment period via contract negotiation.
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
Wells Fargo contract templates contain dispute resolution language/clause which sets out resolution process. This includes but is not specific to resolution of payment issues. Additionally, each contract will include invoicing requirements to be applied by suppliers as well as WF invoice address/contact points
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
WELLS FARGO SECURITIES INTERNATIONAL LIMITED is a global investment bank based in London, United Kingdom. The company offers a wide range of financial products and services to its clients, including investment banking, capital markets, and asset management.
As part of its commitment to sustainability, WELLS FARGO SECURITIES INTERNATIONAL LIMITED has implemented various initiatives to reduce its environmental impact, promote social responsibility, and ensure ethical business practices. The company has set targets to reduce its carbon footprint and increase its use of renewable energy sources. It also encourages its employees to participate in volunteer activities and supports various charitable organizations.
The company's products and services include mergers and acquisitions, equity and debt financing, foreign exchange, and risk management solutions. WELLS FARGO SECURITIES INTERNATIONAL LIMITED caters to a wide range of clients, including corporations, governments, and institutional investors.
Some key people in the company include Chief Executive Officer, Richard Yorke, and Chairman, Tom Burns. They are supported by a team of experienced professionals who are dedicated to providing high-quality financial services to their clients.
For more information about WELLS FARGO SECURITIES INTERNATIONAL LIMITED and its products and services, you can visit their website at https://www.wellsfargo.com/international/securities/ or contact their registered office at 33 King William Street, London, EC4R 9AS, United Kingdom.
