NORTHERN TRUST INVESTOR SERVICES LIMITED

PaymentCheck Score 2024
100Excellent
3.6vs last year
#19 in UK
#10 in London

Company Information

Company Number
12578024
Registered Address
50 Bank Street, London, United Kingdom, E14 5NT
Status
Active
Employee Count
0
Turnover
£44,031,000
EBITDA
£6,753,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 April 2020
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
1 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2025-01-15
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 202415 Jan 20251100%0%0%0%
01 Jan 2024 - 30 Jun 202429 Jul 20241100%0%0%0%
01 Jul 2023 - 31 Dec 202325 Jan 202424100%0%0%0%
01 Jul 2022 - 31 Dec 202225 Jan 202300%0%0%0%

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

Northern Trust Investor Services Limited (“NTISL”) will pay all undisputed invoices within 60 days of receipt of a correct invoice.

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

No information available

Any other information about payment terms

NTISL’s only qualifying contract is an intercompany contract for the provision of services under which no invoices are rendered nor payments made.

Maximum contractual payment period agreed

60

Dispute Resolution Process

NTISL endeavours to resolve any supplier disputes fairly and promptly. Disputes are handled in the first instance by discussion between the contracting business and the supplier. Suppliers can also contact Northern Trust’s Accounts Payable team (Accounts_Payable@ntrs.com) who will typically manage the dispute to resolution, escalating as necessary to senior NTISL contacts.

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

Northern Trust Investor Services Limited is a financial services company based in London, United Kingdom. They offer a wide range of financial products and services to institutional investors, including asset servicing, investment management, and wealth management.

As part of their commitment to sustainability, Northern Trust Investor Services Limited has implemented various initiatives to reduce their environmental impact. This includes using renewable energy sources, reducing waste and promoting sustainable practices within their operations.

Their products and services are designed to help clients achieve their financial goals while also prioritizing sustainability. This includes offering socially responsible investment options and incorporating environmental, social, and governance (ESG) factors into their investment strategies.

The key people at Northern Trust Investor Services Limited include their CEO, Michael O'Grady, and their Global Head of Investor Services, Peter Cherecwich. Both have extensive experience in the financial services industry and are committed to driving the company's sustainability efforts.

The company can be contacted through their website, which also provides detailed information on their products and services. Their registered office address is 50 Bank Street, London, E14 5NT, United Kingdom.

Overall, Northern Trust Investor Services Limited is a leading financial services company that places a strong emphasis on sustainability in their operations and offerings. Their commitment to responsible practices makes them a trusted partner for institutional investors looking to align their financial goals with their values.

Financial Metrics

Cash
£65,656,000
Net Worth
£147,545,000
Total Current Assets
£157,132,000
Total Current Liabilities
£9,587,000

Company Location