PLATFORM SECURITIES LLP
Company Information
- Company Number
- OC301316
- Registered Address
- C/O F I S Corporate Governance, The Walbrook Building, 25 Walbrook, London, England, EC4N 8AF
- Status
- Active
- Employee Count
- 27
- Turnover
- £34,524,000
- EBITDA
- -£10,606,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 17 January 2002
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
There is a clear trend of increasing average time taken to pay invoices for PLATFORM SECURITIES LLP over the three periods analysed. This trend is also reflected in the decrease in the percentage of invoices paid within 30 days and the increase in the percentage of invoices paid later than 60 days.
Volatility Analysis
The volatility in the data is not significant as there are no major fluctuations or outliers in the average time taken to pay invoices or the percentage of invoices paid within different time periods. However, there is a slight variation in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days.
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 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 34 | 75% | 14% | 11% | 46% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 36 | 74% | 12% | 14% | 49% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 27 | 83% | 9% | 8% | 46% |
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
30
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
60
Dispute Resolution Process
N/a
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.
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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
PLATFORM SECURITIES LLP is a financial services firm based in London, United Kingdom. They specialize in providing securities lending and borrowing services to institutional clients, such as investment managers and pension funds.
The company has a strong focus on sustainability and has implemented a number of initiatives to reduce their environmental impact. They have a comprehensive sustainability program in place, which includes measures to reduce energy consumption, promote recycling, and reduce carbon emissions.
PLATFORM SECURITIES LLP offers a range of products and services, including securities financing, collateral management, and risk management solutions. Their securities lending and borrowing services allow clients to borrow securities to cover short positions or lend securities to generate additional income.
The key people at PLATFORM SECURITIES LLP include the Managing Partner, Richard Leonard, and the Head of Operations, Lucy Morgan. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The company's website is www.platformsecurities.com, where interested parties can find more information about their services, sustainability program, and key people. Their registered office address is 1 Finsbury Circus, London, EC2M 7SH, United Kingdom.
In summary, PLATFORM SECURITIES LLP is a financial services firm in London that specializes in securities lending and borrowing. They have a strong commitment to sustainability and offer a range of products and services to institutional clients. Their website and registered office address can be found on their website for those seeking more information.
