IG GROUP HOLDINGS PLC
Company Information
- Company Number
- 04677092
- Registered Address
- Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA
- Status
- Active
- Employee Count
- 2,428
- Turnover
- £942,800,000
- EBITDA
- £528,700,000
Additional Details
- Website
- https://iggroup.com/
- Company Type
- Public limited Company
- Incorporated On
- 25 February 2003
- Nature of Business
- 64205 - Activities of financial services holding companies
- 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 Jun 2024 - 30 Nov 2024 | 24 Dec 2024 | 20 | 83% | 14% | 3% | 17% |
| 01 Dec 2023 - 31 May 2024 | 25 Jun 2024 | 19 | 80% | 16% | 4% | 20% |
| 01 Jun 2023 - 30 Nov 2023 | 20 Dec 2023 | 23 | 89% | 6% | 5% | 11% |
| 01 Dec 2022 - 31 May 2023 | 27 Jun 2023 | 21 | 81% | 15% | 3% | 19% |
| 01 Jun 2022 - 30 Nov 2022 | 09 Jan 2023 | 24 | 76% | 20% | 4% | 24% |
| 01 Dec 2021 - 31 May 2022 | 01 Aug 2022 | 24 | 72% | 23% | 5% | 28% |
| 01 Jun 2021 - 30 Nov 2021 | 22 Feb 2022 | 23 | 81% | 15% | 4% | 19% |
| 01 Dec 2020 - 31 May 2021 | 28 Jun 2021 | 25 | 80% | 15% | 5% | 20% |
| 01 Jun 2020 - 30 Nov 2020 | 21 Dec 2020 | 21 | 82% | 16% | 2% | 18% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 23 | 87% | 10% | 3% | 13% |
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 Group Holdings PLC is a UK-based financial services company that offers online trading services for retail and professional clients. The company was founded in 1974 and is headquartered in London, with offices in 17 countries around the world.
The company's main activity is providing trading services for a wide range of financial instruments, including stocks, currencies, commodities, and cryptocurrencies. They offer a user-friendly online platform for clients to trade these instruments, along with educational resources and analysis tools.
In terms of sustainability, IG Group Holdings PLC has a strong commitment to responsible trading practices and reducing their environmental impact. They have implemented energy-saving measures and have set targets to reduce their carbon footprint. They also have a responsible trading policy in place to ensure that clients are informed and protected when trading on their platform.
One of the key people at IG Group Holdings PLC is CEO June Felix, who has over 20 years of experience in the financial services industry. The company also has a diverse board of directors, including experts in finance, technology, and corporate governance.
For more information on IG Group Holdings PLC and their products and services, interested 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.
