NORTHERN TRUST SECURITIES LLP
Company Information
- Company Number
- OC324323
- Registered Address
- 50 Bank Street, London, United Kingdom, E14 5NT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 30 November 2006
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
NORTHERN TRUST SECURITIES LLP consistently demonstrates exceptionally fast payment trends, with an average payment time of just 10 days. A significant 95% of payments are settled within 30 days, indicating a highly reliable and positive payment trajectory. This trend shows a strong commitment to prompt payments, suggesting sustained excellent performance for suppliers.
Volatility Analysis
The payment profile of NORTHERN TRUST SECURITIES LLP exhibits very low volatility, as 95% of payments are completed well within standard terms. The absence of payments exceeding 60 days or classified as late underscores high reliability and predictability in their payment practices. This minimizes payment risk for suppliers, indicating a dependable financial partner.
Summary Analysis
Based on the data, NORTHERN TRUST SECURITIES LLP is a highly reliable payer, making them an excellent partner for suppliers seeking prompt settlements. Key decision factors should highlight their consistent 10-day average payment and minimal risk of overdue accounts. Suppliers can proceed with high confidence, with very little need for specific risk mitigation strategies beyond standard terms.
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 | 22 Jan 2025 | 10 | 95% | 5% | 0% | 0% |
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
Northern Trust Securities LLP (“NTSLLP”) will pay all undisputed invoices within 60 days of receipt of a correct 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
60
Dispute Resolution Process
NTSLLP endeavours to resolve any supplier disputes fairly and promptly. Disputes are handled in the first instance by discussion between the contracting business and the supplier. Suppliers can also contact Northern Trust’s Accounts Payable team (Accounts_Payable@ntrs.com) who will typically manage the dispute to resolution, escalating as necessary to senior NTSLLP contacts.
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.
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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.
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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
NORTHERN TRUST SECURITIES LLP is an active limited liability partnership operating within the securities sector. Its name indicates its core business revolves around financial securities.
The company was incorporated on 30 November 2006 and is identified by company number OC324323. Its registered office is situated at 50 Bank Street, London, United Kingdom, E14 5NT.
In the UK market, limited liability partnerships specialising in securities typically provide services such as trading, broking, and dealing in various financial instruments, including stocks, bonds, and derivatives. They often offer investment management, custody services, and related advisory functions to clients.
