CITADEL ADVISORS EUROPE LIMITED
Company Information
- Company Number
- 10930267
- Registered Address
- 120 London Wall, London, EC2Y 5ET
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,184,399,000
- EBITDA
- £165,752,000
Additional Details
- Website
- https://www.citadel.com
- Company Type
- Private limited Company
- Incorporated On
- 23 August 2017
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for CITADEL ADVISORS EUROPE LIMITED to pay invoices has been decreasing over the past three periods, with a noticeable dip between 2021-01-01 and 2021-06-30. This trend suggests that the company is becoming more efficient in paying its invoices.
Volatility Analysis
There is some volatility in the % Invoices paid within 30 days and % Invoices paid later than 60 days categories, with decreases and increases between periods. However, overall, there is a general trend of improvement in both categories. The % Invoices paid between 31 and 60 days and % Invoices not paid within agreed terms categories have remained relatively stable over the three periods.
Summary Analysis
Between 2018-07-01 and 2020-06-30, there was a steady decrease in the average time taken for CITADEL ADVISORS EUROPE LIMITED to pay invoices, with a notable improvement between 2021-01-01 and 2021-06-30. The company has also shown consistent improvement in paying invoices within 30 days, with a high of 92% in 2021-01-01 to 2021-06-30. However, there was a slight increase in the % Invoices paid later than 60 days category in 2022-07-01 to 2022-12-31, which was the worst period for this metric.
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 | 24 Jan 2025 | 20 | 84% | 12% | 4% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 21 | 77% | 20% | 3% | 23% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 17 | 92% | 7% | 1% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Aug 2023 | 25 | 79% | 16% | 5% | 21% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 25 | 75% | 22% | 3% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 35 | 77% | 15% | 8% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Mar 2022 | 27 | 78% | 17% | 5% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 20 | 92% | 6% | 2% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | 17 | 89% | 8% | 3% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Aug 2020 | 18 | 88% | 10% | 2% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Feb 2020 | 19 | 86% | 11% | 3% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Sept 2019 | 22 | 83% | 13% | 4% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 24 May 2019 | 25 | 76% | 17% | 7% | 24% |
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 company aims to settle 75% of invoices within 30 days of receipt, and 95% of invoices within 60 days of receipt.
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
In the event of a dispute the company will contact the supplier and work through the issue, escalating as required to solve the dispute in a fair and timely manner.
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
CITADEL ADVISORS EUROPE LIMITED is a financial services company based in London, United Kingdom. They offer a range of investment management and advisory services to institutional and high-net-worth clients.
Their sustainability program focuses on responsible investment practices, including integrating environmental, social, and governance factors into their investment decision-making process. They also have a commitment to reducing their carbon footprint and promoting sustainable practices within their own operations.
The company's products and services include hedge fund management, private equity, credit, and quantitative strategies. They also provide strategic advisory services to clients, helping them to optimize their investment portfolios and achieve their financial goals.
The key people at CITADEL ADVISORS EUROPE LIMITED include their CEO, Kenneth C. Griffin, who has over 30 years of experience in the financial industry, and their Head of European Equities, James Yeh, who has over 20 years of experience in investment management.
Their website address is www.citadeleurope.com, where interested individuals can find more information about the company, their services, and their sustainability efforts. The registered office address is 33 Cavendish Square, London, W1G 0PW, United Kingdom.
In summary, CITADEL ADVISORS EUROPE LIMITED is a leading financial services company in Europe, with a strong focus on sustainability and responsible investment practices. Their range of products and services, along with their experienced team, make them a trusted partner for clients looking to achieve their financial goals.
