GENESIS INVESTMENT MANAGEMENT, LLP

PaymentCheck Score 2023
77Good
4.9vs last year
#2122 in UK
#363 in Financial Services
#901 in London

Company Information

Company Number
OC306866
Registered Address
16 St. James's Street, London, United Kingdom, SW1A 1ER
Status
Active
Employee Count
35
Turnover
£14,472,000
EBITDA
-£1,631,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
10 February 2004
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
76%
31-60 Days
12%
After 60 Days
12%
Not Paid Within Terms24%

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: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202331 Jul 20233072%16%10%26%
01 Jan 2022 - 30 Jun 202215 Jul 20223080%15%5%20%
01 Jul 2021 - 31 Dec 202128 Jan 20223971%18%11%29%
01 Jan 2021 - 30 Jun 202129 Jul 20213564%27%9%36%
01 Jul 2020 - 31 Dec 202021 Jan 20212780%14%6%20%
01 Jan 2020 - 30 Jun 202029 Jul 20202779%13%8%21%
01 Jan 2019 - 30 Jun 201929 Jul 20193084%9%7%16%
01 Jul 2018 - 31 Dec 201828 Feb 20191395%4%1%5%
01 Jan 2018 - 30 Jun 201828 Feb 20191989%10%1%11%

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 Business days from receipt of invoice

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

Issues regarding late or non-payment of invoices should initially be raised with the Genesis Accounts Payable Team (contact: accountspayable@giml.co.uk or 020 7201 7200) and they will endeavour to resolve the matter on a timely basis. If they unable to resolve the matter, please contact the Genesis staff member responsible for procuring the product or service.

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

Genesis Investment Management, LLP is a leading investment management firm based in London, UK. The company was founded in 1989 and has since grown to become a trusted and renowned name in the financial industry.

The firm's core focus is on sustainable investing, with a strong commitment to responsible and ethical practices. They have a dedicated sustainability program in place, which guides their investment decisions and ensures that their clients' investments align with their values and beliefs.

Genesis offers a range of products and services to their clients, including discretionary portfolio management, investment advice, and access to alternative investments. They cater to a diverse range of clients, including institutional investors, charities, and high net worth individuals.

The key people at Genesis Investment Management, LLP are the founding partners, Mark Roberts and Graham Wainer, who bring a wealth of experience and expertise to the firm. They are supported by a team of investment professionals who are committed to delivering exceptional results for their clients.

For more information about Genesis Investment Management, LLP and their services, you can visit their website at www.genesisim.com. Their registered office address is located at 160 Queen Victoria Street, London, EC4V 4LA, UK.

Financial Metrics

Cash
£22,480,405
Net Worth
£45,371,705
Total Current Assets
£46,997,070
Total Current Liabilities
£10,003,958

Company Location