| 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 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 0% | ||||
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 0% | ||||
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2021 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Feb 2020 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Jun 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 04 Jun 2019 | 0 | 0% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Northern Trust Global Investments Limited (“NTGIL”) will pay all undisputed invoices within 60 days of receipt of a correct invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NTGIL’s only qualifying contract is an intercompany contract for the provision of services under which no invoices are rendered nor payments made.
Maximum contractual payment period agreed
60
NTGIL endeavours to resolve any supplier disputes fairly and promptly. Disputes are handled in the first instance by discussion between the contracting business and the supplier. Suppliers can also contact Northern Trust’s Accounts Payable team (Accounts_Payable@ntrs.com) who will typically manage the dispute to resolution, escalating as necessary to senior NTGIL contacts.
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
Northern Trust Global Investments Limited is a leading global investment management company based in London, United Kingdom. The company offers a wide range of sustainable investment products and services to institutional and individual clients.
The company has a strong commitment to sustainability and has implemented various initiatives to promote responsible investing. They have a dedicated sustainability program that focuses on environmental, social, and governance (ESG) factors in their investment decision-making process. This includes actively engaging with companies on ESG issues and offering sustainable investment solutions to clients.
Northern Trust Global Investments Limited offers a variety of products and services, including equity, fixed income, and alternative investments. They also provide tailored investment solutions for specific client needs and offer access to global markets through their extensive network.
The company has a team of experienced and talented professionals, including investment managers and analysts, who are committed to delivering the best results for their clients. They also have a strong network of partners and advisors who provide valuable insights and expertise.
For any inquiries or information, Northern Trust Global Investments Limited can be contacted through their website at www.northerntrust.com or their registered office at 50 Bank Street, Canary Wharf, London E14 5NT, United Kingdom. The company is regulated by the Financial Conduct Authority (FCA) and is a member of the London Stock Exchange.