TOWERS WATSON INVESTMENT MANAGEMENT LIMITED
Company Details
Registration Number
05534464
Registered Address
Watson House London Road Reigate Surrey RH2 9PQ
Company Status
Active
Employee Count
0
Turnover
£39,015,000
EBITDA
£25,944,000
Additional Information
Website
oxip.co.ukCompany Type
Private limited Company
Incorporated on
11 August 2005
Nature of Business (SIC)
64209 - Activities of other holding companies not elsewhere classified
64302 - Activities of unit trusts
Industries
0
Region
South EastCompany Location
Financial Overview
£775,000
£58,822,627
Last Reporting Period
Filed
30 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
49 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
45 days
Payment Timeline
Not Paid Within Terms
48%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 49 | 51% | 33% | 16% | 48% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 46 | 50% | 38% | 12% | 47% |
Company Summary
TOWERS WATSON INVESTMENT MANAGEMENT LIMITED is a leading investment management firm based in the United Kingdom
The company offers a range of sustainable investment solutions to its clients, with a focus on long-term value creation and responsible investing
The firm's sustainability program is at the core of its operations, with a commitment to ethical and responsible investing
They integrate environmental, social, and governance (ESG) factors into their investment process, ensuring that their clients' investments align with their values
TOWERS WATSON INVESTMENT MANAGEMENT LIMITED offers a wide range of products and services, including active and passive equity and fixed income strategies, multi-asset solutions, and alternative investments
They also provide customized investment solutions to meet the specific needs of their clients
The company is led by a team of experienced professionals, including CEO Anne Richards, who has a strong track record in sustainable investing
The firm's investment team comprises experts in various fields, including ESG research, portfolio management, and risk management
To contact TOWERS WATSON INVESTMENT MANAGEMENT LIMITED, individuals can visit their website at www.towerswatson.com/investmentmanagement or reach their registered office at 5th Floor, 125 London Wall, London, EC2Y 5AS
With a strong commitment to sustainability and a range of innovative investment solutions, TOWERS WATSON INVESTMENT MANAGEMENT LIMITED is a trusted partner for clients looking to make responsible and impactful investments
Company Review
Trend Analysis
The average time taken for TOWERS WATSON INVESTMENT MANAGEMENT LIMITED to pay their invoices has increased over the past three periods, from 46 days in the first period to 51 days in the third period. This suggests that the company may be experiencing financial difficulties or facing delays in their payment processes.
Volatility Analysis
TOWERS WATSON INVESTMENT MANAGEMENT LIMITED has shown some volatility in their payment practices, with the percentage of invoices paid within 30 days fluctuating from 50% in the first period to 53% in the third period. The highest volatility can be seen in the percentage of invoices paid later than 60 days, which increased from 12% in the first period to 15% in the third period.
Summary Analysis
From the above data, it can be seen that TOWERS WATSON INVESTMENT MANAGEMENT LIMITED has experienced an increase in the average time taken to pay their invoices over the past three periods. However, there has also been a slight improvement in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. The company has maintained a standard payment period of 30 days throughout all three periods.
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’s standard contractual payment terms for all qualifying contracts are payments within 30 days after the date of invoice. Other payment terms may apply. Agreed payment terms are reflected in our contractual documentation and accounting system.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Payments only fall due in our accounting system once terms are exceeded. The overdue statistics include a large proportion of invoices that were settled within a few working days of the due date.
Maximum contractual payment period agreed
45
Dispute Resolution Process
Payment processing is managed by the Accounts Payable function and any supplier queries are actioned by that team. In the event they are unable to resolve the matter, the query will be discussed between the supplier and relevant colleague to ensure satisfactory resolution for both the supplier and the Company.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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