MAREX PRIME SERVICES LIMITED
Company Information
- Company Number
- 05622839
- Registered Address
- 155 Bishopsgate, London, England, EC2M 3TQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 November 2005
- Nature of Business
- 66120 - Security and commodity contracts dealing activities
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
MAREX PRIME SERVICES LIMITED demonstrates a strong trend of prompt payments, with an average settlement time of 20 days and 81% of invoices cleared within 30 days. While 19% of payments fall into the 31-60 day category, there is a clear and positive trajectory showing no payments extending beyond 60 days. This indicates a consistent payment behavior predominantly favoring quick settlement.
Volatility Analysis
Payment reliability is high, as evidenced by 81% of invoices consistently paid within the standard 30-day term, offering strong predictability for suppliers. The 19% of late payments are predictably contained within the 31-60 day window, suggesting minimal volatility and a low risk of unexpected, severe delays. This allows suppliers to forecast cash flow with reasonable accuracy.
Summary Analysis
Overall, MAREX PRIME SERVICES LIMITED presents a highly favorable payment profile for suppliers, characterized by promptness and predictability. Suppliers can generally expect quick settlement, though a small percentage may require payment within a slightly extended 31-60 day period. To mitigate this minor risk, standard payment terms are likely suitable, but awareness of the 31-60 day potential is prudent.
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 2025 - 30 Jun 2025 | 31 Jul 2025 | 20 | 81% | 19% | 0% | 19% |
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
Marex Prime Services Limted deals on third party suppliers’ terms rather than its own and therefore does not have standard payment terms, nor does it require that particular sets of payment terms are included in third party supplier contracts depending on the supplier’s size. Marex Prime Services Limted does however generally engage with third party suppliers on the following terms: (a) a payment period of 30 days of receipt of the relevant invoice; (b) payment of interest at the rate specified by the supplier in the relevant supplier agreement; and (c) submission to settlement discussions/the English courts (as provided for under the relevant supplier agreement) to determine any dispute if such cannot be resolved amicably between Marex Prime Services Limted 's Accounts Payables and Legal departments and the relevant supplier.
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
Marex Prime Services Limted ('Marex Prime Services Limted ') deals on third party suppliers’ terms rather than its own. Invoices must be made out to the correct company name and address and sent via email to the Accounts Payables department; any invoice queries are then directed to the relevant person within the business. Disputes are resolved per the process set out in the relevant supplier agreement involving Marex Prime Services Limted ’s Accounts Payables and Legal departments and the relevant supplier. Any dispute would be governed by the governing law/jurisdiction clause in the relevant supplier agreement which is generally English law/English courts.
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?
No information available
Company Summary
MAREX PRIME SERVICES LIMITED operates as an active private limited company. Its operations are focused on the provision of prime services.
This company holds the number 05622839 and was incorporated on 15 November 2005. Its registered office is located at 155 Bishopsgate, London, England, EC2M 3TQ.
In the UK market, organisations offering 'prime services' typically provide integrated support solutions to institutional clients such as hedge funds and asset managers. These services commonly encompass aspects like global custody, securities lending, margin financing, and capital introduction, often alongside comprehensive operational support.
