CHEYNE CAPITAL MANAGEMENT (UK) LLP

PaymentCheck Score 2025
93Excellent
0.5vs last year
#623 in UK
#157 in Financial Services
#292 in London

Company Information

Company Number
OC321484
Registered Address
Stornoway House, 13 Cleveland Row, London, SW1A 1DH
Status
Active
Employee Count
104
Turnover
£93,709,000
EBITDA
£39,792,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
8 August 2006
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
17 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
90%
31-60 Days
8%
After 60 Days
2%
Not Paid Within Terms14%

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: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202527 Oct 20251793%4%3%14%
01 Oct 2023 - 31 Mar 202426 Apr 20241091%7%2%12%
01 Apr 2023 - 30 Sept 202331 Oct 20231891%7%2%19%
01 Apr 2022 - 30 Sept 202228 Oct 20222287%10%3%18%
01 Oct 2021 - 31 Mar 202229 Apr 20222483%14%3%23%
01 Apr 2021 - 30 Sept 202129 Oct 20212488%7%5%19%
01 Oct 2020 - 31 Mar 202104 May 20212288%8%4%27%
01 Apr 2019 - 30 Sept 201931 Oct 20192091%6%3%20%

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

We do not impose standard payment terms on suppliers for qualifying contracts. Cheyne Capital Management (UK) LLP agrees appropriate terms of payment with suppliers and abides by those terms on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the LLP's policy is to pay within 30 days of receipt of a valid 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

365

Dispute Resolution Process

In the event of a dispute, the relevant business contact at Cheyne (which will vary from contract to contract) will contact the supplier in an attempt to resolve the issue. The business contact will aim to deal with the dispute promptly in accordance with the terms of the contract and escalate to Finance or Legal as appropriate to ensure a swift 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.

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

Cheyne Capital Management (UK) LLP is a London-based investment management firm that specializes in alternative investments, including credit, real estate, and private equity. The company was founded in 2000 by Jonathan Lourie and Stuart Fiertz and currently has over $14 billion in assets under management.

In terms of sustainability, Cheyne Capital Management is committed to responsible investing and has a dedicated sustainability program in place. The firm follows the principles of Environmental, Social, and Governance (ESG) in its investment decisions, aiming to create long-term value for its clients while also considering the impact on the environment and society.

One of the key products of Cheyne Capital Management is its credit strategy, which includes a range of credit funds and vehicles that invest in various credit assets, such as corporate loans, distressed debt, and structured credit. The firm also offers real estate investment products, focused on opportunistic and value-add strategies in Europe and the United States. Additionally, Cheyne Capital Management has a private equity arm that targets small to mid-sized companies in the UK and Europe.

The firm's key people include co-founders Jonathan Lourie and Stuart Fiertz, who both have extensive experience in the finance industry. They are supported by a team of experienced investment professionals who have a strong track record in their respective fields.

Cheyne Capital Management can be contacted through its website www.cheynecapital.com, where interested parties can find more information about the firm's products and services, as well as its sustainability program. The registered office address for the company is 16-18 Grosvenor Place, London, SW1X 7HJ.

Financial Metrics

Cash
£24,657,576
Net Worth
£27,408,567
Total Current Assets
£47,362,106
Total Current Liabilities
£19,200,852

Company Location