The data shows that the time taken for MORGAN STANLEY INVESTMENT MANAGEMENT (ACD) LIMITED to pay invoices to suppliers has been increasing over the past three periods. In the first and second periods (Jan-Jun 2018 and Jul-Dec 2018), the company had an average time to pay of 0 days, indicating that invoices were paid on time. However, in the third period (Jan-Jun 2019), the average time to pay increased to 31.3 days. This trend continued in the fourth period (Jul-Dec 2019) with an average time to pay of 41.8 days, and in the fifth period (Jan-Jun 2020) with an average time to pay of 57.8 days. This suggests that the company may be facing financial difficulties or slower processing times for invoice payments.
The data also shows a significant increase in the percentage of invoices paid later than 60 days in the fourth period (Jul-Dec 2019) compared to the previous periods. In the first and second periods, 0% of invoices were paid later than 60 days, while in the third period, only 0.7% of invoices were paid late. However, in the fourth period, this percentage increased to 10.2%, indicating a significant increase in volatility in the company's payment processes.
| 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 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Morgan Stanley Investment Management ACD Limited is a UK-registered company based in Canary Wharf, London. Companies House records its nature of business as fund management activities. The name indicates it acts as an authorised corporate director for funds within the Morgan Stanley Investment Management business, itself part of the wider Morgan Stanley financial services group, which provides wealth management, investment banking, sales and trading, research and investment management services globally. The company is an active entity incorporated in 2001, functioning as a specialised UK fund governance vehicle rather than an operating or trading business in its own right, supporting the group's asset management activities.
Generated from the company's website and Companies House records. Sources: morganstanley.com