MONEX EUROPE LIMITED
Company Information
- Company Number
- 06014261
- Registered Address
- 3rd Floor, 1 Bartholomew Lane, London, EC2N 2AX
- Status
- Active
- Employee Count
- 180
- Turnover
- £23,537,000
- EBITDA
- -£754,000
Additional Details
- Website
- https://monex.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 30 November 2006
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2020 - 31 Dec 2020 | 20 Jan 2021 | 10 | 97% | 2% | 1% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 8 | 97% | 2% | 1% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 8 | 91% | 7% | 2% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 8 | 98% | 1% | 1% | 2% |
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
Currently Firm policy is to pay most suppliers within 2 weeks of invoice received. Minor payment delays may occur if the invoice is received shortly after the payment run. Disputed amounts may also result in processing delays.
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
We have an Accounts Payable email account for invoice submissions, statements and / or correspondence. Statements are checked and correspondence answered by Account Payable department. Suppliers are made aware of issues on invoices and can be directed to head of relevant department if invoices have yet to be authorized or to resolve disputes.
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.
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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?
❌
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
MONEX EUROPE LIMITED is a UK-based financial services company that specializes in foreign exchange and international payments. They offer a wide range of services, including spot and forward contracts, risk management, and market analysis, to help their clients manage their currency risk.
One of the key focuses of MONEX EUROPE LIMITED is sustainability. They have implemented a number of initiatives to reduce their environmental impact, including using renewable energy sources and promoting paperless operations. They also offer sustainable investment options for their clients, such as green bonds and socially responsible funds.
The company's products and services are tailored to meet the needs of their clients, which include corporations, financial institutions, and high net worth individuals. They provide competitive exchange rates and personalized solutions to help their clients achieve their financial goals.
The key people at MONEX EUROPE LIMITED include CEO Antony P. Dutton, COO Simon Manwaring, and Managing Director Chris Towner. They have a team of experienced professionals who are dedicated to providing excellent customer service and expertise in the foreign exchange market.
For more information on their services and sustainability program, interested individuals can visit their website at www.monexeurope.com. The registered office address of MONEX EUROPE LIMITED is 1 Bartholomew Lane, London, EC2N 2AX, United Kingdom. Overall, MONEX EUROPE LIMITED is a reputable and sustainable financial services company that strives to provide quality services to their clients while also promoting environmental responsibility.
