IG MARKETS LIMITED
Company Information
- Company Number
- 04008957
- Registered Address
- Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA
- Status
- Active
- Employee Count
- 172
- Turnover
- £405,200,000
- EBITDA
- £200,500,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 June 2000
- Nature of Business
- 66120 - Security and commodity contracts dealing activities
- Industries
- Software
- 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 Dec 2024 - 31 May 2025 | 30 Jun 2025 | 19 | 82% | 15% | 3% | 18% |
| 01 Jun 2024 - 30 Nov 2024 | 24 Dec 2024 | 19 | 82% | 15% | 3% | 18% |
| 01 Dec 2023 - 31 May 2024 | 25 Jun 2024 | 26 | 79% | 12% | 9% | 21% |
| 01 Jun 2023 - 30 Nov 2023 | 20 Dec 2023 | 18 | 87% | 10% | 3% | 13% |
| 01 Dec 2022 - 31 May 2023 | 27 Jun 2023 | 23 | 79% | 15% | 6% | 21% |
| 01 Jun 2022 - 30 Nov 2022 | 09 Jan 2023 | 11 | 76% | 19% | 5% | 24% |
| 01 Dec 2021 - 31 May 2022 | 01 Aug 2022 | 20 | 81% | 16% | 3% | 19% |
| 01 Jun 2021 - 30 Nov 2021 | 22 Feb 2022 | 20 | 83% | 14% | 3% | 17% |
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | 24 | 84% | 10% | 6% | 16% |
| 01 Jun 2020 - 30 Nov 2020 | 21 Dec 2020 | 17 | 89% | 9% | 3% | 11% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 20 | 89% | 8% | 3% | 11% |
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
30 days from invoice receipt
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
In case of any questions/ issues regarding payments suppliers are advised to initially contact the Accounts Payable Team directly who can generally resolve issues arising from delays in invoice process or authorization. Where there is a genuine dispute then issues are escalated to the purchaser for resolution. All vendors are provided with Account Payable email.
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
IG MARKETS LIMITED is a UK-based financial services company that offers online trading services for a variety of financial products such as stocks, forex, and commodities. The company was founded in 1974 and is currently headquartered in London.
One of the key activities of IG MARKETS LIMITED is providing a platform for individuals to trade in financial markets. This includes offering access to over 17,000 global markets, as well as providing tools and resources to help traders make informed decisions. The company also offers a variety of educational resources to help clients improve their trading skills.
IG MARKETS LIMITED is committed to sustainability and has a dedicated sustainability program in place. This includes reducing their environmental impact by using renewable energy sources and promoting responsible waste management. The company also supports various charities and community initiatives through donations and volunteering.
The company's main product is their online trading platform, which allows clients to trade in a wide range of financial instruments. They also offer a mobile app for trading on-the-go and a demo account for clients to practice trading without risking real money.
The key people at IG MARKETS LIMITED include June Felix, the CEO, and Paul Mainwaring, the CFO. Both have extensive experience in the financial services industry and have been with the company for several years.
For more information about IG MARKETS LIMITED, individuals can visit their website at www.ig.com. The registered office address is Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom. Clients can also contact the company through their customer service hotline or email. Overall, IG MARKETS LIMITED is a leading provider of online trading services with a strong commitment to sustainability and customer satisfaction.
