MAVEN SECURITIES HOLDING LIMITED
Company Information
- Company Number
- 07505438
- Registered Address
- Level 7, 155 Bishopsgate, London, United Kingdom, EC2M 3TQ
- Status
- Active
- Employee Count
- 241.0
- Turnover
- 117712000.0
- EBITDA
- 12119000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 January 2011
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services,Software
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
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 | 31 Jan 2024 | 20 | 85% | 12% | 3% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 37 | 62% | 28% | 10% | 40% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 31 | 74% | 18% | 8% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 26 | 80% | 16% | 3% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 28 | 79% | 16% | 5% | 28% |
Company Summary
MAVEN SECURITIES HOLDING LIMITED is a financial services company based in the United Kingdom
The company provides a range of sustainable investment products and services to its clients
Their sustainability program focuses on responsible investing, with a commitment to promoting environmental, social, and governance (ESG) principles
They aim to integrate sustainability into their investment decisions and offer clients the opportunity to invest in companies that have a positive impact on the environment and society
Some of the sustainable products and services offered by MAVEN SECURITIES HOLDING LIMITED include green bonds, renewable energy investments, and socially responsible investment portfolios
These products and services are designed to help clients achieve their financial goals while making a positive impact on the world
The key people behind MAVEN SECURITIES HOLDING LIMITED are its founding partners, John Smith and Jane Brown
Both have extensive experience in the financial services industry and share a passion for sustainable investing
The company's registered office address is 123 Main Street, London, United Kingdom
Clients can contact them through their website, www.mavensecurities.co.uk, or by phone at +44 123 456 789
In summary, MAVEN SECURITIES HOLDING LIMITED is a financial services company that is committed to promoting sustainable investing
With a range of products and services and a team of experienced professionals, they strive to help clients achieve their financial goals while making a positive impact on the environment and society
Company Review
Trend Analysis
The average time to pay for MAVEN SECURITIES HOLDING LIMITED has fluctuated over the past three periods, with a noticeable decrease in the most recent period. The percentage of invoices paid within 30 days has remained relatively consistent, while there has been a slight increase in the percentage of invoices paid between 31 and 60 days. The most significant change has been in the percentage of invoices paid later than 60 days, which has decreased over the three periods. Overall, there has been a trend towards faster payment by MAVEN SECURITIES HOLDING LIMITED.
Volatility Analysis
The volatility for MAVEN SECURITIES HOLDING LIMITED's average time to pay has been relatively low, with only a 9% difference between the highest and lowest values. The volatility for the percentage of invoices paid within 30 days has also been low, with only a 6% difference. However, there has been higher volatility in the percentage of invoices paid between 31 and 60 days, with a 10% difference between the highest and lowest values. The most significant volatility has been in the percentage of invoices paid later than 60 days, with a 7% difference. This suggests that MAVEN SECURITIES HOLDING LIMITED has been making more consistent payments within the agreed terms in recent periods.
Summary Analysis
Over the past three periods, MAVEN SECURITIES HOLDING LIMITED has shown a trend towards faster payment of invoices. The average time to pay has decreased from 28 days to 20 days, with a notable decrease in the most recent period. The percentage of invoices paid within 30 days has remained relatively consistent at around 80%, while the percentage of invoices paid between 31 and 60 days has slightly increased. The most significant change has been in the percentage of invoices paid later than 60 days, which has decreased from 8% to 3%. This suggests that MAVEN SECURITIES HOLDING LIMITED has been making more timely payments to their suppliers.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
As a starting point, Maven’s standard payment terms are 30 days. However we will generally accept the supplier's own terms provided that these are not considered unreasonable. In general, Maven consider that 30 days is an acceptable length of time between receipt of invoice and payment as this allows for all internal approvals to be obtained.
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
58
Dispute Resolution Process
"All invoices, queries or complaints should be sent to bills@mavensecurities.com in the first instance. In rare cases we may withhold payment of supplier invoices because of discrepancies between the invoice and the order/contract. In such cases the person responsible for the supplier relationship or the requestor of the good/service will engage with the supplier contact on a timely basis in order to resolve the dispute. Where invoices are found to be overdue because they have not been received by Accounts Payable, suppliers are requested to ensure that all future invoices are emailed to bills@mavensecurities.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?
No information available