PLATTS (U.K.) LIMITED
Company Information
- Company Number
- 07953373
- Registered Address
- 4th Floor Ropemaker Place, 25 Ropemaker Street, London, United Kingdom, EC2Y 9LY
- Status
- Active
- Employee Count
- 390
- Turnover
- £191,537,000
- EBITDA
- £104,197,000
Additional Details
- Website
- https://spglobal.com
- Company Type
- Private limited Company
- Incorporated On
- 17 February 2012
- Nature of Business
- 63990 - Other information service activities not elsewhere classified
- Industries
- Coming Soon
- 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 Jul 2024 - 31 Dec 2024 | 31 Jul 2025 | 24 | 79% | 15% | 6% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Jun 2023 | 37 | 69% | 14% | 17% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 34 | 68% | 14% | 18% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 49 | 35% | 20% | 45% | 45% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 53 | 33% | 25% | 42% | 42% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 56 | 30% | 29% | 41% | 41% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 51 | 41% | 25% | 34% | 34% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 50 | 39% | 35% | 26% | 26% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 33 | 73% | 13% | 14% | 14% |
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
60 days - invoice date to payment date with 1,7 and 15 day excepted categories.
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
60
Dispute Resolution Process
Payment Terms, including exceptions, per Policy are applied to all qualifying contracts. Where a negotiation is required Platts (U.K.) Limited will consider the uniqueness of the value that the vendor provides. The facility for specific exemption to be granted does exist but requires senior finance management approval. All qualifying contracts contains terms for late payment or non-payment including the levying of interest and termination for cause.
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
PLATTS (U.K.) LIMITED is a leading energy and commodities information provider based in London, United Kingdom. The company has been in operation since 1909 and is known for its accurate and reliable market data and analytics.
The sustainability program of PLATTS (U.K.) LIMITED focuses on minimizing its environmental impact and promoting responsible business practices. The company has set targets to reduce its carbon footprint, increase energy efficiency, and promote sustainable sourcing and waste management.
PLATTS (U.K.) LIMITED offers a wide range of products and services to its clients, including real-time market data, price assessments, news and analysis, and insights into the energy and commodities markets. The company's data is used by various industries, including oil and gas, agriculture, and metals, to make informed business decisions.
Key people in PLATTS (U.K.) LIMITED include its CEO, Martin Fraenkel, and its President, Jason Frank. They lead a team of experienced professionals who are dedicated to providing high-quality and reliable information to their clients.
The registered office address of PLATTS (U.K.) LIMITED is 5 Howick Place, London, SW1P 1WG, United Kingdom. The company's website is www.platts.com, where clients can access its products and services, as well as information on its sustainability efforts.
In summary, PLATTS (U.K.) LIMITED is a reputable and sustainable energy and commodities information provider, offering a wide range of products and services to various industries. With a strong commitment to sustainability and a team of experienced leaders, the company continues to be a trusted source of market data and analysis.
