AXA INVESTMENT MANAGERS LIMITED
Company Information
- Company Number
- 03886111
- Registered Address
- 22 Bishopsgate, London, United Kingdom, EC2N 4BQ
- Status
- Active
- Employee Count
- 469.0
- Turnover
- 143382000.0
- EBITDA
- 2652000.0
Additional Details
- Website
- https://axa-im.com
- Company Type
- Private limited Company
- Incorporated On
- 30 November 1999
- Nature of Business
- 66190 - Activities auxiliary to financial intermediation not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 35 | 64% | 22% | 14% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 50 | 44% | 36% | 20% | 58% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 37 | 65% | 22% | 13% | 41% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 43 | 56% | 26% | 19% | 49% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 36 | 56% | 31% | 13% | 51% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 35 | 59% | 27% | 14% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 41 | 62% | 25% | 13% | 42% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 47 | 58% | 24% | 18% | 45% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 38 | 66% | 19% | 15% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 39 | 66% | 18% | 16% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 42 | 62% | 20% | 18% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 57 | 50% | 27% | 23% | 52% |
Company Summary
AXA Investment Managers Limited is a leading global investment management firm based in the United Kingdom
It is a subsidiary of AXA Group, a multinational insurance and asset management company
The company offers a wide range of investment solutions to institutional and individual investors, including fixed income, equity, multi-asset, and alternative investments
Sustainability is a key focus for AXA Investment Managers Limited
The company has a dedicated sustainability team that integrates environmental, social, and governance (ESG) factors into its investment decisions
It also actively engages with companies to promote responsible business practices and supports initiatives that address climate change and other global sustainability challenges
Some of the products and services offered by AXA Investment Managers Limited include mutual funds, segregated accounts, and structured products
The company also has a range of sustainable investment strategies, such as green bonds and impact investing, which aim to generate positive social and environmental impact alongside financial returns
The key people at AXA Investment Managers Limited include Gérald Harlin, the Global Chief Investment Officer, and Joseph Pinto, the Global Head of AXA IM Alts
The company has a team of experienced investment professionals who are dedicated to delivering strong and sustainable returns for their clients
For more information on AXA Investment Managers Limited and its products and services, interested individuals can visit their website at www.axa-im.co.uk
The company's registered office address is 7 Newgate Street, London, EC1A 7NX, United Kingdom
Company Review
Trend Analysis
The average time taken for AXA INVESTMENT MANAGERS LIMITED to pay invoices has fluctuated over the past three years, with a general downward trend. The company's best period for timely payments was in the first half of 2023, with an average time to pay of 35 days. However, in the second half of 2023, the company's average time to pay increased to 50 days, which was the worst period for timely payments.
Volatility Analysis
The volatility of AXA INVESTMENT MANAGERS LIMITED's payment practices can be seen in the significant changes between periods. The company's percentage of invoices paid within 30 days has ranged from 44% to 66% over the past three years, and the percentage of invoices paid later than 60 days has ranged from 13% to 23%. This shows that the company's payment practices are not consistent and can vary greatly between periods.
Summary Analysis
AXA INVESTMENT MANAGERS LIMITED has shown a consistent effort to improve their payment practices over the past three years. The company's average time to pay has decreased from 57 days in the first half of 2018 to 37 days in the first half of 2023. Additionally, the percentage of invoices paid within 30 days has increased from 50% to 64% over the same period. However, the company's worst period for timely payments was in the second half of 2023, where only 44% of invoices were paid within 30 days and 20% 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
The Standard payment terms are 30 days in the absence of agreed terms with a supplier.
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
60
Dispute Resolution Process
Any dispute arising out of or in connection with an agreement shall, in the first instance, be referred to the suppliers representative and the AXA IM member of staff managing the contract with a view to promptly resolving the dispute. If the dispute relates to late payment suppliers can additionally contact AXAIM’s dedicated accounts payable team (accountspayable@axa-im.com). If there is any further dispute, this would be escalated to senior management and/or the Legal team with a view to resolving the situation.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available