LIQUIDNET EUROPE LIMITED

PaymentCheck Score 2022
89Good
8.8vs last year
#964 in UK
#457 in London

Company Information

Company Number
04232799
Registered Address
135 Bishopsgate, London, England, EC2M 3TP
Status
Active
Employee Count
110
Turnover
£71,253,000
EBITDA
-£23,656,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 June 2001
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
10%
After 60 Days
5%
Not Paid Within Terms15%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20222085%10%5%15%
01 Jul 2021 - 31 Dec 202128 Jan 20221796%4%0%4%
01 Jan 2021 - 30 Jun 202129 Jul 20211496%3%1%4%
01 Jan 2018 - 30 Jun 201830 Jul 20183258%34%8%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

Standard payment terms of 30 days used across all qualifying contracts.

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

Liquidnet aims to resolve all payment/invoice related disputes/queries directly with our suppliers on a timely basis. Suppliers will be contacted in writing via 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

LIQUIDNET EUROPE LIMITED is a UK-based financial technology company that offers institutional investors a secure and efficient platform for trading large blocks of assets. Founded in 2001, the company has become a leading provider of global liquidity solutions.

The company's sustainability program includes initiatives such as reducing its carbon footprint, promoting diversity and inclusion, and supporting charitable causes. LIQUIDNET EUROPE LIMITED is committed to sustainability and has received recognition for its efforts, including being named to the Dow Jones Sustainability North America Index.

The company's main product is its electronic trading platform, which connects institutional investors with each other to execute large block trades. This allows for more efficient and cost-effective trading, while also reducing market impact. LIQUIDNET EUROPE LIMITED also offers other services such as data and analytics, market intelligence, and post-trade reporting.

Key people at LIQUIDNET EUROPE LIMITED include CEO Seth Merrin, who has over 30 years of experience in the financial industry, and Head of Europe, Middle East and Africa John Barker, who has been with the company since its inception.

For more information, interested parties can visit the company's website at www.liquidnet.com. The registered office address is 2 More London Riverside, London, SE1 2AP, United Kingdom.

Financial Metrics

Cash
£11,235,000
Net Worth
£42,259,000
Total Current Assets
£85,133,000
Total Current Liabilities
£46,471,000

Company Location