BALYASNY ASSET MANAGEMENT (UK) LLP
Company Information
- Company Number
- OC308795
- Registered Address
- PO Box SW1Y 6QY, 23 King Street 23 King Street, 4th Floor, London, SW1Y 6QY
- Status
- Active
- Employee Count
- 161
- Turnover
- £476,537,000
- EBITDA
- £33,024,000
Additional Details
- Website
- https://www.bamfunds.com/
- Company Type
- Limited liability partnership
- Incorporated On
- 29 July 2004
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 30 Jan 2025 | 25 | 88% | 10% | 2% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 25 | 92% | 7% | 1% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 20 | 86% | 12% | 1% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 24 | 90% | 8% | 2% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 27 | 92% | 6% | 2% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 32 | 86% | 11% | 3% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 29 | 92% | 7% | 1% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 19 | 90% | 10% | 0% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 22 | 85% | 10% | 5% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 25 | 84% | 8% | 8% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 79% | 14% | 7% | 39% |
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 Partnership aims to settle supplier invoices in accordance with the credit terms specified in the underlying legally executed contracts or per the approved supplier invoices. Contract payment terms typically range from invoices being payable upon receipt to 45 days from receipt of the invoice. Where there are no explicitly stated contractual payment terms, the Partnership’s policy is to settle the invoices within 30 days of receipt. Minor payment delays may occur if the invoice is due upon receipt but received after a payment run. Disputed amounts may also result in processing delays. The Partnership does not have a stipulated maximum contractual payment period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Partnership has a number of suppliers with contractual payment terms which stipulate that invoices are payable upon receipt. The Partnership records such terms as "Immediate" in its systems, and while it aims to settle these invoices as quickly as possible, they will inevitably be reported as not being paid within agreed terms in the calculation of payment performance statistics as time is needed to approve the invoice and for the bank to process the settlement.
Maximum contractual payment period agreed
45
Dispute Resolution Process
If there is a dispute relating to an invoice or a payment, we will work with the supplier to resolve the issue in a fair and timely manner. Disputes are resolved by discussion and agreement and are typically handled by the member of staff that holds the relationship with the supplier, in conjunction with the Accounts Payable function, and resolved in accordance with the terms specified in the contract or invoice. Invoices that are subject to dispute will not be paid until resolution.
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
BALYASNY ASSET MANAGEMENT (UK) LLP is a London-based investment firm that offers a wide range of investment products and services to clients. Their sustainability program focuses on responsible investing and integrating environmental, social, and governance (ESG) factors into their investment decisions.
The firm offers a variety of investment strategies, including long/short equity, global macro, and event-driven. They also offer customized solutions for institutional clients, such as pension funds and endowments.
Key people at BALYASNY ASSET MANAGEMENT (UK) LLP include founder and CEO Dmitry Balyasny, who has over 25 years of experience in the financial industry, and Chief Investment Officer Colin Lancaster, who has over 20 years of experience in investment management. The firm also has a team of experienced investment professionals and risk management experts.
BALYASNY ASSET MANAGEMENT (UK) LLP's registered office address is 6th Floor, 10 Old Burlington Street, London, W1S 3AG, United Kingdom. Their website address is www.bamllp.com, where clients can find more information about their products and services, as well as contact information for their team.
In addition to their investment services, BALYASNY ASSET MANAGEMENT (UK) LLP is committed to sustainability and actively supports various environmental and social causes. They also have a diversity and inclusion program, aiming to create an inclusive workplace for employees of all backgrounds.
Overall, BALYASNY ASSET MANAGEMENT (UK) LLP is a leading investment firm in the UK, offering a range of sustainable investment options and actively promoting responsible and ethical investing practices.
