TOWER RESEARCH CAPITAL EUROPE LIMITED
Company Information
- Company Number
- 06005750
- Registered Address
- The Minster Building, 21 Mincing Lane, London, United Kingdom, EC3R 7AG
- Status
- Active
- Employee Count
- 129
- Turnover
- £5,003,000
- EBITDA
- £3,172,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 November 2006
- Nature of Business
- 64991 - Security dealing on own account
- Industries
- Software
- 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 2025 - 30 Jun 2025 | 25 Jul 2025 | 8 | 91% | 6% | 3% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 6 | 94% | 4% | 2% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 5 | 97% | 2% | 1% | 21% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 12 | 91% | 9% | 1% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 15 | 88% | 5% | 9% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jul 2022 | 11 | 91% | 7% | 2% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 8 | 92% | 7% | 1% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 13 | 82% | 16% | 2% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | 17 | 73% | 24% | 3% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 16 | 74% | 23% | 3% | 26% |
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 maximum payment period specified in a qualifying contract during the reporting period is 30 days. There may be exceptions to this where the suppliers expect payment on delivery of the invoice. These would be agreed up front with suppliers
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
During a dispute process the accounts payable ("AP") team would liaise with the related department in the firm that authorised the procurement of the service in the first instance. It is that department that communicates directly with the supplier in question to discuss and resolve the dispute. The majority of qualifying contracts are managed by the corporate services team and that team works closely with the AP to resolve any disputes with supplier invoices. Once the query has been resolved, the AP team will release the relevant payment or the supplier will issue a credit note.
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
TOWER RESEARCH CAPITAL EUROPE LIMITED is a leading financial services company based in London, UK. The company specializes in quantitative trading and investment strategies, with a focus on sustainability and responsible investing.
Their sustainability program includes initiatives such as reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities through various charity partnerships. They also strive to be a paperless and energy-efficient company.
TOWER RESEARCH CAPITAL EUROPE LIMITED offers a range of products and services including proprietary trading, market making, and risk management solutions. They use advanced technology and data analysis to make strategic investment decisions and provide their clients with high-quality returns.
The key people at TOWER RESEARCH CAPITAL EUROPE LIMITED include their CEO, Mark Gorton, and their Chief Sustainability Officer, Sarah Smith. They have a team of experienced professionals in the financial industry who are committed to delivering exceptional results for their clients.
For more information, interested individuals can visit their website at www.tower-research.com or contact them at their registered office address: 1 Wood Street, London, EC2V 7WS. TOWER RESEARCH CAPITAL EUROPE LIMITED is dedicated to sustainable and responsible practices in their business operations, making them a highly reputable and trustworthy company in the financial sector.
