SPREADEX LIMITED
Company Information
- Company Number
- 03720378
- Employee Count
- 172
- Turnover
- £88,849,000
- EBITDA
- £34,839,000
Additional Details
- Website
- https://spreadex.com/
- Industries
- Lifestyle And Entertainment,Software
- Region
- East of England
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 Jun 2023 - 30 Nov 2023 | 29 Dec 2023 | 25 | 80% | 17% | 3% | 3% |
| 01 Dec 2022 - 31 May 2023 | 03 Jul 2023 | 27 | 70% | 27% | 3% | 3% |
| 01 Jun 2022 - 30 Nov 2022 | 29 Dec 2022 | 25 | 77% | 20% | 3% | 3% |
| 01 Dec 2021 - 31 May 2022 | 30 Jun 2022 | 27 | 67% | 32% | 1% | 99% |
| 01 Jun 2021 - 30 Nov 2021 | 30 Dec 2021 | 26 | 72% | 26% | 2% | 2% |
| 01 Dec 2020 - 31 May 2021 | 30 Jun 2021 | 26 | 69% | 30% | 1% | 1% |
| 01 Jun 2020 - 30 Nov 2020 | 30 Dec 2020 | 24 | 78% | 21% | 1% | 7% |
| 01 Nov 2018 - 31 May 2019 | 27 Jun 2019 | 27 | 53% | 45% | 2% | 2% |
| 01 Jun 2017 - 30 Nov 2017 | 20 Dec 2017 | 29 | 52% | 45% | 3% | 2% |
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
Spreadex do not routinely dictate payment terms to our suppliers, unless we consider those proposed by the supplier to be unreasonable. The typical payment terms are between 14-60 days from the date of the 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
305
Dispute Resolution Process
Typically any dispute will be dealt with in the first instance by the relevant department management. Timescales for resolution vary on a case by case basis depending on the specific nature of the dispute.
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
SPREADEX LIMITED is a UK-based company that specializes in spread betting and contracts for difference (CFDs). It was founded in 1999 and is currently headquartered in London, England.
The company offers a wide range of financial products and services, including spread betting on various markets such as stocks, indices, currencies, and commodities. They also provide CFD trading for these markets, allowing clients to speculate on price movements without owning the underlying asset.
One of the key focuses of SPREADEX LIMITED is sustainability. The company is committed to reducing its environmental impact and promoting sustainable practices within its operations. They have implemented various initiatives, such as using renewable energy sources and reducing waste, to achieve this goal.
SPREADEX LIMITED also offers a range of educational resources and tools to help clients make informed trading decisions. They have a team of experienced analysts who provide market insights and analysis to assist traders in their strategies.
The company is led by a team of experienced professionals, including CEO Jonathan Hufford and CFO Alex Chorlton. They are committed to providing a safe, transparent, and reliable trading environment for their clients.
To get in touch with SPREADEX LIMITED, individuals can visit their website at www.spreaddex.com or visit their registered office at 22 Tudor Street, London, EC4Y 0AY, United Kingdom. The company also has a customer support team available 24/7 to assist with any inquiries or concerns.
