MAREX SPECTRON INTERNATIONAL LIMITED
Company Information
- Company Number
- 03938219
- Registered Address
- 155 Bishopsgate, London, EC2M 3TQ
- Status
- Active
- Employee Count
- 9
- Turnover
- £126,780,000
- EBITDA
- £14,983,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 March 2000
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- 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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 19 | 92% | 8% | 0% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 20 | 83% | 15% | 2% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 25 | 84% | 9% | 7% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 11 | 98% | 2% | 0% | 6% |
| 01 Jun 2019 - 30 Dec 2019 | 28 Jan 2020 | 18 | 95% | 3% | 3% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 24 | 93% | 3% | 3% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 11 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 24 | 55% | 45% | 0% | 42% |
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
MSIL deals on third party suppliers’ terms rather than its own and therefore does not have standard payment terms, nor does it require that particular sets of payment terms are included in third party supplier contracts depending on the supplier’s size. MSIL does however generally engage with third party suppliers on the following terms: (a) a payment period of 30 days of receipt of the relevant invoice; (b) payment of interest at the rate specified by the supplier in the relevant supplier agreement; and (c) submission to settlement discussions/the English courts (as provided for under the relevant supplier agreement) to determine any dispute if such cannot be resolved amicably between MSIL's Accounts Payables and Legal departments and the relevant supplier.
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
30
Dispute Resolution Process
Marex Spectron International Limited ('MSIL') deals on third party suppliers’ terms rather than its own. Invoices must be made out to the correct company name and address and sent via email to the Accounts Payables department; any invoice queries are then directed to the relevant person within the business. Disputes are resolved per the process set out in the relevant supplier agreement involving MSIL’s Accounts Payables and Legal departments and the relevant supplier. Any dispute would be governed by the governing law/jurisdiction clause in the relevant supplier agreement which is generally English law/English courts.
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
MAREX SPECTRON INTERNATIONAL LIMITED is a leading global commodities brokerage and financial services company based in London, United Kingdom. The company was founded in 1986 and has since grown to become a major player in the international market.
The company offers a wide range of products and services, including trading and brokering of commodities such as metals, energy, agricultural products, and financial instruments. They also provide financing, risk management, and market analysis services to their clients.
MAREX SPECTRON INTERNATIONAL LIMITED is committed to sustainability and has a dedicated sustainability program in place. They strive to reduce their environmental impact, promote ethical business practices, and support local communities. They have also implemented measures to increase diversity and inclusion within their organization.
The key people at MAREX SPECTRON INTERNATIONAL LIMITED include Ian Lowitt, the Chief Executive Officer, and Simon Van Den Born, the Chief Operating Officer. They have a team of experienced professionals who are experts in their respective fields.
The company's website address is www.marexspectron.com, where customers can access information about their products, services and sustainability initiatives. The registered office address is 155 Bishopsgate, London, EC2M 3TQ, United Kingdom.
In summary, MAREX SPECTRON INTERNATIONAL LIMITED is a well-established commodities brokerage and financial services company, with a strong commitment to sustainability. They offer a diverse range of products and services and have a team of experienced professionals leading the company. Customers can access their services and information through their website or by contacting their registered office in London.
