CITADEL SECURITIES (EUROPE) LIMITED
Company Information
- Company Number
- 05462867
- Registered Address
- 120 London Wall, London, EC2Y 5ET
- Status
- Active
- Employee Count
- 177
- Turnover
- £248,196,000
- EBITDA
- £57,067,000
Additional Details
- Website
- https://citadelgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 25 May 2005
- Nature of Business
- 64991 - Security dealing on own account
- 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 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 23 | 75% | 22% | 3% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 15 | 96% | 4% | 0% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Aug 2023 | 27 | 78% | 17% | 5% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Mar 2022 | 34 | 73% | 18% | 9% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 31 | 82% | 13% | 5% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | 24 | 81% | 14% | 5% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Aug 2020 | 24 | 82% | 11% | 7% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Feb 2020 | 19 | 87% | 10% | 3% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Mar 2019 | 28 | 70% | 23% | 7% | 30% |
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 company aims to settle 75% of invoices within 30 days of receipt, and 95% of invoices within 60 days of receipt.
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
30
Dispute Resolution Process
In the event of a dispute the company will contact the supplier and work through the issue, escalating as required to solve the dispute in a fair and timely manner.
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
CITADEL SECURITIES (EUROPE) LIMITED is a leading global financial services firm, providing trading and investment solutions to institutional and individual clients. The company has a strong commitment towards sustainability and is dedicated to reducing its environmental impact through responsible business practices.
Their sustainability program includes initiatives such as reducing carbon emissions, promoting diversity and inclusion, and supporting local communities through various charitable efforts. The company also has a comprehensive recycling program and is constantly looking for ways to become a more sustainable organization.
In terms of products and services, CITADEL SECURITIES (EUROPE) LIMITED offers a wide range of investment and trading options, including equities, fixed income, options, and futures. They also provide access to global markets and cutting-edge technology to help clients make informed investment decisions.
The company is led by a team of experienced professionals, including CEO and President, Peng Zhao, and Chairman and Founder, Kenneth C. Griffin. Their combined expertise and vision have helped CITADEL SECURITIES (EUROPE) LIMITED become a trusted and successful financial services firm.
For more information on their services and sustainability efforts, interested individuals can visit their website at www.citadels.com. The registered office address for CITADEL SECURITIES (EUROPE) LIMITED is 131 Edmund Street, Birmingham, B3 2HJ, United Kingdom.
