ICE DATA SERVICES LIMITED

PaymentCheck Score 2024
93Excellent
9.3vs last year
#702 in UK
#338 in London

Company Information

Company Number
05300420
Registered Address
Milton Gate, 60 Chiswell Street, London, EC1Y 4SA
Status
Active
Employee Count
24
Turnover
£48,764,000
EBITDA
£21,484,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 November 2004
Nature of Business
63110 - Data processing, hosting and related activities
Industries
Software
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
89%
31-60 Days
7%
After 60 Days
4%
Not Paid Within Terms11%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20251691%5%4%9%
01 Jan 2024 - 30 Jun 202430 Jul 20241789%7%4%11%
01 Jul 2023 - 31 Dec 202330 Jan 20242581%13%6%19%
01 Jul 2022 - 31 Dec 202226 Jan 20232877%14%9%23%
01 Jan 2022 - 30 Jun 202229 Jul 20222972%16%12%28%
01 Jul 2021 - 31 Dec 202128 Jan 20221986%7%7%14%
01 Jan 2021 - 30 Jun 202128 Jul 20211880%17%3%19%
01 Jan 2020 - 30 Jun 202030 Jul 20202681%11%8%17%
01 Jul 2019 - 31 Dec 201929 Jan 20202184%8%8%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

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

Dispute resolutions are handled on a case by case basis based on individual facts and circumstances. ICE Data Services Limited seeks to resolve disputes as quickly as possible; we have a dedicated accounts payable team that support suppliers with query resolution. In the event that the accounts payable team is unable to resolve a dispute, they will refer the matter to senior management for resolution.

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

ICE Data Services Limited is a global financial data and analytics company based in London, United Kingdom. They provide a wide range of products and services to assist financial institutions, corporations, and government entities in making informed decisions.

Their sustainability program includes a commitment to responsible business practices, including reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities through charitable initiatives.

Their products and services include market data, pricing and analytics, index solutions, and risk management tools. They also offer data management and technology solutions to help clients efficiently manage and analyze large amounts of data.

Key people at ICE Data Services Limited include David Goone, President of the company, and Lynn Martin, President of Fixed Income and Data Services. They are supported by a team of experienced professionals who are dedicated to providing high-quality data and services to their clients.

For more information, interested parties can visit their website at www.theice.com/iceservices or contact their registered office at 1 New York Plaza, New York, NY 10004, United States.

Financial Metrics

Cash
£9,732,000
Net Worth
£33,266,000
Total Current Assets
£21,895,000
Total Current Liabilities
£4,823,000

Company Location