FMR INVESTMENT MANAGEMENT UK LIMITED
Company Details
Registration Number
05942395
Registered Address
1 St. Martin's Le Grand London EC1A 4AS
Company Status
Active
Employee Count
0
Turnover
£77,721,000
EBITDA
£10,740,000
Additional Information
Website
Add urlCompany Type
Private limited Company
Incorporated on
21 September 2006
Nature of Business (SIC)
66300 - Fund management activities
Industries
Wealth, asset and investment management
Region
LondonCompany Location
Financial Overview
£36,930,537
£33,888,325
Last Reporting Period
Filed
23 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
17 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
9%
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 | 23 Jan 2024 | 17 | 91% | 9% | 0% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 17 | 93% | 7% | 0% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 16 | 96% | 4% | 0% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 22 | 92% | 8% | 0% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 21 | 93% | 7% | 0% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | 21 | 94% | 6% | 0% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 15 | 93% | 7% | 0% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 12 | 99% | 1% | 0% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 15 | 98% | 1% | 1% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 16 | 98% | 2% | 0% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 10 | 99% | 1% | 0% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 20 | 97% | 3% | 0% | 3% |
Company Summary
FMR INVESTMENT MANAGEMENT (UK) LIMITED is a financial services company based in London, UK
It is a subsidiary of the global investment management firm, Fidelity Investments
The company offers a wide range of investment products and services, including mutual funds, pension plans, and managed accounts
They also provide investment advice and portfolio management services to individual and institutional clients
FMR INVESTMENT MANAGEMENT (UK) LIMITED is committed to sustainability and has implemented a sustainability program to reduce their environmental impact
They have set targets to reduce their carbon emissions, increase their use of renewable energy, and promote sustainable business practices across their operations
The company's key people include the CEO, Brian Conroy, who has over 25 years of experience in the financial industry, and the Head of Sustainability, Sarah Melvin, who has a background in environmental sustainability
Their website address is www.fidelity.co.uk and their registered office address is 4 Cannon Street, London, EC4M 6YH, United Kingdom
In summary, FMR INVESTMENT MANAGEMENT (UK) LIMITED is a leading financial services company that offers a wide range of investment products and services while also prioritizing sustainability
With experienced leadership and a commitment to reducing their environmental impact, the company is dedicated to providing quality services to their clients while also promoting sustainable practices
Company Review
Trend Analysis
The average time taken for FMR INVESTMENT MANAGEMENT (UK) LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in the first period, followed by an increase in the second period, and then a slight decrease in the third period.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, with only a 2% difference between the highest and lowest values. However, there has been more volatility in the percentage of invoices paid between 31 and 60 days, with a difference of 8% between the highest and lowest values.
Summary Analysis
In the past three periods, FMR INVESTMENT MANAGEMENT (UK) LIMITED has shown an improvement in paying invoices within the agreed terms, with an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Default TERMS are NET 30
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Vendors can contact by email ; FidelitySpendWorks@fmr.com
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?
❌
