CITADEL EUROPE LLP
Company Information
- Company Number
- OC340922
- Registered Address
- Moor House 120 London Wall, 16th Floor, London, EC2Y 5ET
- Status
- Dissolved
- Employee Count
- Coming Soon
- Turnover
- £734,273,000
- EBITDA
- £729,188,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 20 October 2008
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CITADEL EUROPE LLP demonstrates a predominantly prompt payment trend, with an average payment time of 27 days and 78% of invoices settled within 30 days. However, a consistent 22% of payments are late, indicating a predictable trajectory where a significant minority fall outside standard net-30 terms. This pattern suggests a persistent segment of delayed payments rather than irregular fluctuations.
Volatility Analysis
While the majority of payments are reliable, the 22% late payment rate, with 5% extending beyond 60 days, introduces a moderate level of payment unpredictability for a portion of invoices. This risk factor requires suppliers to anticipate potential delays, as roughly one in five payments will not adhere to 30-day terms. The persistent 5% over 60 days highlights a specific, albeit smaller, area of higher payment risk.
Summary Analysis
CITADEL EUROPE LLP can be considered a generally reliable client, exhibiting strong prompt payment performance for most invoices. Key decision factors for suppliers include the expectation that 22% of payments may be delayed, with 5% potentially extending beyond 60 days. To mitigate risk, suppliers should establish clear payment terms and consider appropriate credit limits, while actively monitoring these later payments.
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 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 35 | 77% | 15% | 8% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Mar 2022 | 27 | 78% | 17% | 5% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 20 | 92% | 6% | 2% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Feb 2021 | 17 | 89% | 8% | 3% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Aug 2020 | 18 | 88% | 10% | 2% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Feb 2020 | 19 | 86% | 11% | 3% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Sept 2019 | 22 | 83% | 13% | 4% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 24 May 2019 | 25 | 76% | 17% | 7% | 24% |
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 company aims to settle 75% of invoices within 30 days of receipt, and 95% of invoices within 60 days of receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
In the event of a dispute the company will contact the supplier and work through the issue, escalating as required to solve the dispute in a fair and timely manner.
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
CITADEL EUROPE LLP operated as a limited liability partnership, a structure commonly adopted by professional services firms. The name 'Citadel Europe' indicates a focus on the European market.
Registered under company number OC340922, CITADEL EUROPE LLP was incorporated on 20 October 2008. The partnership was located in London, with its registered office at Moor House 120 London Wall, 16th Floor, London, EC2Y 5ET. The company status is dissolved.
Limited liability partnerships in the UK commonly provide professional services. These can include financial advisory, investment management, legal counsel, accountancy, or consultancy services to clients.
