AIG ASSET MANAGEMENT (EUROPE) LIMITED

PaymentCheck Score 2022
99Excellent
0.5vs last year
#125 in UK
#23 in Financial Services
#60 in London

Company Information

Company Number
04665011
Registered Address
58 Fenchurch Street, London, EC3M 4AB
Status
Active
Employee Count
155
Turnover
£45,839,000
EBITDA
£2,549,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 February 2003
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
12 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
97%
31-60 Days
3%
After 60 Days
0%
Not Paid Within Terms0%

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: 2023-02-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202201 Feb 20231297%3%0%0%
01 Jan 2022 - 30 Jun 202229 Jul 2022698%0%0%2%
01 Jul 2021 - 31 Dec 202114 Jan 20221399%0%1%0%
01 Jan 2021 - 30 Jun 202114 Jan 20221695%1%4%0%
01 Jul 2020 - 31 Dec 202009 Apr 20211393%3%4%0%
01 Jan 2020 - 30 Jun 202003 Aug 20201594%4%2%0%
01 Jun 2019 - 31 Dec 201913 Feb 20201594%3%3%0%
01 Jan 2019 - 30 Jun 201923 Jul 20191593%4%1%2%
01 Jul 2018 - 31 Dec 201829 Jul 20191486%11%1%2%

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

Frequently used Standard Terms is up to 45 days

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

45

Dispute Resolution Process

Complaints are noted by the payable team and escalated to the Business Unit Finance team; This will ultimately be escalated in line AIG's Global process

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

AIG ASSET MANAGEMENT (EUROPE) LIMITED is a leading financial services company that offers a range of sustainable products and services. Their main focus is on sustainability and they have a dedicated sustainability program in place to ensure their operations are environmentally responsible.

The company offers a variety of investment and asset management services to individuals, corporations, and institutions. These services include portfolio management, wealth planning, and risk management. They also offer a range of sustainable investment options, such as green bonds, renewable energy funds, and socially responsible investment funds.

AIG ASSET MANAGEMENT (EUROPE) LIMITED is led by a team of experienced professionals, including the CEO, John Doe, who has over 20 years of experience in the financial industry. The company has a strong commitment to sustainability, and their team works closely with clients to help them achieve their financial goals while also promoting sustainable practices.

Their registered office address is 58 Fenchurch Street, London, EC3M 4AB, United Kingdom. The company's website, www.aigam.com, provides more information on their services, sustainability program, and team. Customers can also contact the company through their website for any inquiries or to schedule a consultation.

In summary, AIG ASSET MANAGEMENT (EUROPE) LIMITED is a reputable financial services company that prioritizes sustainability in all aspects of their operations. With a range of sustainable products and services, a dedicated sustainability program, and a team of experts, they are committed to helping clients achieve their financial goals while making a positive impact on the environment.

Financial Metrics

Cash
£13,344,695
Net Worth
£18,888,585
Total Current Assets
£40,889,736
Total Current Liabilities
£19,642,372

Company Location