FIDESSA TRADING UK LIMITED

Company Information

Company Number
03781700
Registered Address
C/O Ion, 10 Queen Street Place, London, England, EC4R 1BE
Status
Active
Employee Count
368
Turnover
£178,131,000
EBITDA
£119,964,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 May 1999
Nature of Business
62012 - Business and domestic software development
62020 - Information technology consultancy activities
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
89%
31-60 Days
8%
After 60 Days
3%
Not Paid Within Terms11%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-02-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201906 Feb 20201989%8%3%11%
01 Jul 2018 - 31 Dec 201821 Mar 20191993%7%0%7%

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

Our standard payment terms are to pay suppliers within 30 days of the receipt 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

60

Dispute Resolution Process

Disputes concerning the quality and quality of goods delivered with pricing queries are dealt with by the purchasing team at Fidessa. Disputes can be escalated to senior management level if appropriate.

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

FIDESSA TRADING UK LIMITED is a leading global provider of trading, investment and information solutions for the financial services industry. The company was founded in 1981 and is headquartered in London, with offices in Europe, North America, Asia and Australia.

The company offers a wide range of products and services to its clients, including trading platforms, market data and analytics, compliance and risk management tools, and post-trade solutions. FIDESSA's products are used by banks, brokers, asset managers, and other financial institutions to trade equities, derivatives, fixed income, and foreign exchange.

FIDESSA is committed to sustainability and has a dedicated sustainability program in place. The company aims to reduce its environmental impact through energy efficiency measures, waste reduction, and responsible sourcing of materials. FIDESSA also supports various charitable initiatives and encourages its employees to volunteer in community projects.

The key people at FIDESSA TRADING UK LIMITED include Phil Slavin, the CEO, and Caroline Blower, the Chief Financial Officer. Both have extensive experience in the financial services industry and have been with the company for many years.

For more information about FIDESSA TRADING UK LIMITED and its products and services, you can visit their website at www.fidessa.com. The registered office address is 15 Old Bailey, London, EC4M 7EF, United Kingdom.

Financial Metrics

Cash
£1,016,000
Net Worth
£114,547,000
Total Current Assets
£237,816,000
Total Current Liabilities
£117,617,000

Company Location