ARROWGRASS CAPITAL PARTNERS LLP

Company Information

Company Number
OC309628
Registered Address
483 Green Lanes, London, England, N13 4BS
Status
Active
Employee Count
0
Turnover
£777,000
EBITDA
£1,567,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
15 October 2004
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
16 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201824 Jan 20191692%6%2%8%

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

As a basis for negotiation, Arrowgrass standard payment terms are 45 days. However we will generally accept the supplier's own terms provided that these are not considered unreasonable. In general, Arrowgrass consider that 30 days is an acceptable length of time between receipt of invoice and payment as this allows for all internal approvals to be obtained. However, where a supplier requests earlier payment we may agree to adopt a best endeavours approach.

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

No information available

Any other information about payment terms

Arrowgrass Capital Services UK Limited acts as a service company for Arrowgrass Capital Partners LLP, which includes provision of the Accounts payable function. All information provided in this report relates to qualifying contracts with, and/or invoices addressed to, either of these entities.

Maximum contractual payment period agreed

45

Dispute Resolution Process

All invoices, queries or complaints should be sent to invoicing@arrowgrass.com in the first instance. Occasionally we may withhold payment of supplier invoices because of discrepancies between the invoice and the order/contract or because the quality of goods or services is not considered satisfactory. In such cases the person responsible for the supplier relationship or the requestor of the good/service will engage with the supplier contact on a timely basis in order to resolve the dispute. In the unlikely event that agreement cannot be reached, the matter will be escalated to an Officer such as CFO or COO. Where appropriate our in-house legal team may become involved and the matter may be referred to third party advisors or law firms. Where invoices are found to be overdue because they have not been received by Accounts Payable, suppliers are requested to ensure that all future invoices are emailed to invoicing@arrowgrass.com.

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

Arrowgrass Capital Partners LLP is a London-based investment firm that was founded in 2008. Their main focus is on global financial markets, with an emphasis on alternative investments. The company is committed to sustainability and has a dedicated sustainability program in place.

Their sustainability program includes responsible investing, where they consider environmental, social, and governance factors when making investment decisions. They also have a responsible business policy, which outlines their commitment to ethical business practices and reducing their environmental impact. Additionally, they engage in philanthropic initiatives, supporting charities and community projects.

Arrowgrass Capital Partners LLP offers a range of products and services such as hedge funds, private equity, and credit strategies. They are known for their expertise in complex and event-driven investments. Their clients include institutions, pension funds, and high-net-worth individuals.

The key people at Arrowgrass Capital Partners LLP are co-founders Henry Kenner and Nicholas Niell, who have over 50 years of combined experience in the financial industry. They are supported by a team of experienced professionals who are dedicated to delivering strong returns for their clients.

The company's website, www.arrowgrass.com, provides information on their services, team, and sustainability efforts. Their registered office address is located at 60 St Martin's Lane, London, WC2N 4JS. Overall, Arrowgrass Capital Partners LLP is a reputable and sustainable investment firm that is committed to delivering value to its clients while also making a positive impact on society and the environment.

Financial Metrics

Cash
£107,040
Net Worth
£1,657,614
Total Current Assets
£1,704,813
Total Current Liabilities
£47,199

Company Location