GOLDMAN SACHS (UK) SVC. LIMITED

PaymentCheck Score 2024
96Excellent
3.7vs last year
#445 in UK
#210 in London

Company Information

Company Number
10122554
Registered Address
Plumtree Court, 25 Shoe Lane, London, United Kingdom, EC4A 4AU
Status
Active
Employee Count
1,831
Turnover
£536,372,000
EBITDA
£88,648,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 April 2016
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
91%
31-60 Days
8%
After 60 Days
1%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20251096%3%1%4%
01 Jan 2024 - 30 Jun 202430 Jul 20241491%8%1%9%
01 Jul 2023 - 31 Dec 202330 Jan 20241686%11%3%11%
01 Jan 2023 - 30 Jun 202326 Jul 20231490%9%1%10%
01 Jan 2022 - 30 Jun 202228 Jul 20222183%11%6%17%
01 Jul 2021 - 31 Dec 202128 Jan 20222181%15%4%19%
01 Jan 2021 - 30 Jun 202129 Jul 20212379%9%12%21%
01 Jul 2020 - 31 Dec 202029 Jan 20211589%8%3%10%
01 Jan 2020 - 30 Jun 202029 Jul 20201490%6%4%10%

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

Our standard payment terms vary according to the nature of the goods/services that we require but, in general, our standard payment terms for vendors are 30 days from the date of receipt of a valid invoice. There are two notable exceptions to this: (i) for technology vendors, our standard payments terms are 45 days from the date of receipt of a valid invoice; and (ii) for external law firms, we do not specify a contractual payment period, but generally commit to paying law firm invoices within 60 days from the date of receipt of a valid invoice. To the extent that law firm invoices form part of the “percentage of invoices due but not paid within agreed contractual terms” statistic in this report, we have worked on this basis.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

60

Dispute Resolution Process

If at any time any question, dispute or difference arises between Goldman Sachs and a vendor, such question, dispute or difference should be raised by the vendor to its Goldman Sachs’ contact managing their relationship, who may escalate if necessary. Formal dispute processes are detailed in contracts with vendors.

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

GOLDMAN SACHS (UK) SVC. LIMITED is a leading financial services company based in the United Kingdom. The company offers a wide range of products and services including investment banking, asset management, and securities trading.

One of the key focuses of GOLDMAN SACHS (UK) SVC. LIMITED is sustainability. The company has a comprehensive sustainability program that aims to minimize its environmental impact and promote responsible business practices. This includes reducing its carbon footprint, investing in renewable energy, and promoting diversity and inclusion within the company.

The company's products and services are tailored to meet the needs of its diverse client base. This includes providing financing solutions for businesses, managing investments for individuals and institutions, and offering strategic advice for mergers and acquisitions. GOLDMAN SACHS (UK) SVC. LIMITED also offers a range of asset management products, including mutual funds and exchange-traded funds.

The company is led by a team of experienced and knowledgeable individuals. Some of the key people include Richard Gnodde, the CEO of Goldman Sachs International, and Joanne Hannaford, the Head of Technology Division. The company's registered office address is 133 Fleet Street, London, EC4A 2BB, United Kingdom.

In conclusion, GOLDMAN SACHS (UK) SVC. LIMITED is a reputable financial services company in the UK, known for its sustainability efforts and diverse range of products and services. With experienced leadership and a commitment to responsible business practices, the company continues to be a leading player in the financial industry. For more information, visit their website at www.goldmansachs.com/uk and explore their services and initiatives.

Financial Metrics

Cash
£285,566,000
Net Worth
£309,080,000
Total Current Assets
£332,066,000
Total Current Liabilities
£131,063,000

Company Location