MAJEDIE ASSET MANAGEMENT LIMITED
Company Information
- Company Number
- 04446767
- Registered Address
- 2 Savoy Court, London, United Kingdom, WC2R 0EZ
- Status
- Active
- Employee Count
- 0
- Turnover
- £9,472,000
- EBITDA
- £5,535,000
Additional Details
- Website
- https://www.majedie.com/
- Company Type
- Private limited Company
- Incorporated On
- 24 May 2002
- Nature of Business
- 66120 - Security and commodity contracts dealing activities
- Industries
- Financial Services
- 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 Apr 2021 - 30 Sept 2021 | 21 Oct 2021 | 15 | 98% | 2% | 0% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 16 | 97% | 3% | 0% | 5% |
| 01 Apr 2019 - 30 Sept 2019 | 22 Oct 2019 | 24 | 84% | 12% | 4% | 17% |
| 01 Oct 2018 - 30 Mar 2019 | 06 Jun 2019 | 21 | 84% | 13% | 3% | 17% |
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
The most common terms are for Majedie Asset Management (“Majedie”) to pay valid and appropriately issued invoices within 30 calendar days of receipt, except where specifically agreed otherwise with the supplier. Terms are ordinarily agreed in advance, sometimes as stated on supplier term sheets, invoices or website, or more formally on a contractual basis. Any payment terms agreed in excess of 30 days should not ordinarily exceed 60 days. The majority of payments are made directly by Majedie although some are actioned by suppliers under direct debit mandates. To ensure prompt payment, supplier invoices and queries should be emailed to finance@majedie.com
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Majedie aims to resolve disputes on a timely basis through discussion with the relevant supplier.
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.
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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?
❌
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
MAJEDIE ASSET MANAGEMENT LIMITED is an investment management company based in London, UK. It was founded in 2002 and currently manages over £17 billion in assets for a variety of clients, including pension funds, charities, and individuals.
The company's sustainability program focuses on responsible investment practices, with a commitment to incorporating environmental, social, and governance (ESG) factors into their investment decisions. They also have a dedicated team that works on engaging with companies to encourage positive change and improve their ESG practices.
MAJEDIE offers a range of products and services, including equity, fixed income, and multi-asset strategies. They have a strong track record of delivering sustainable long-term returns for their clients, with a focus on active management and fundamental research.
The key people at MAJEDIE ASSET MANAGEMENT LIMITED include CEO James de Uphaugh, CIO James Findlay, and Head of Responsible Investment, Edentree Investment Management. They have a team of experienced investment professionals who are committed to delivering the best possible outcomes for their clients.
For more information on MAJEDIE ASSET MANAGEMENT LIMITED and their services, you can visit their website at www.majedie.com. Their registered office address is 4th Floor, 1 New Change, London EC4M 9AF, United Kingdom.
