XTX RESEARCH LLP

PaymentCheck Score 2022
87Good
7.1vs last year
#1066 in UK
#495 in London

Company Information

Company Number
OC397853
Registered Address
R7 14-18 Handyside Street, London, England, N1C 4DN
Status
Active
Employee Count
19
Turnover
£1,280,683,000
EBITDA
£1,243,997,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
30 January 2015
Industries
Coming Soon
Region
London

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20250%
01 Jan 2022 - 30 Jun 202201 Aug 20222788%4%8%12%
01 Jul 2021 - 31 Dec 202131 Jan 20222092%8%0%8%
01 Jan 2021 - 30 Jun 202130 Jul 20211594%6%0%6%
01 Jul 2018 - 31 Dec 201831 Jan 20191596%4%0%4%

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 standard payment terms relating to payments for qualifying contracts (as defined in the Regulation) is 30 days from the date of the invoice. XTX has opted for consistent payment terms where possible with all vendors irrespective of the service type or the size of the vendor

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

30

Dispute Resolution Process

in the unlikely event of a dispute with a supplier about a payment under a qualifying contract, the XTX Accounts Payable (“AP”) department will contact the supplier to resolve the dispute in the first instant. However, if the AP department is unable to help arrive at a resolution, then the relevant XTX key account manager will contact the supplier to further understand and resolve the dispute. Given the close relationship of XTX with its suppliers, it is unlikely that a viable resolution cannot be reached. While the dispute is being investigated, this is communicated to the relevant supplier being queried and any payment is held. Once the query has been resolved, the Finance department will release the relevant payment, or the supplier will issue a credit note. Contact details of the AP department where invoices should be sent is ap@xtxmarkets.com. In the event where the supplier wants to send a paper invoice, this should be addressed to: Accounts payable department, XTX Research LLP, R7 14-18 Handyside Street, London N1C 4DN.

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

XTX RESEARCH LLP is a research and technology company based in London, United Kingdom. They specialize in developing innovative solutions for financial markets, with a focus on sustainability.

Their sustainability program includes a commitment to reduce their carbon footprint and promote environmental conservation. They have implemented energy-saving measures in their offices and have also partnered with local organizations to support environmental initiatives.

The company offers a range of products and services, including data analysis, algorithmic trading, and risk management solutions. They work with a wide range of clients, including banks, asset managers, and hedge funds.

Key people at XTX RESEARCH LLP include CEO Alex Gerko and COO Zar Amrolia, both experienced professionals in the financial industry. They are supported by a team of skilled researchers, developers, and traders.

The company's website, www.xtxresearch.com, provides more information about their services, sustainability efforts, and team members. Their registered office address is located at 1 Ropemaker Street, London EC2Y 9HT, United Kingdom.

In summary, XTX RESEARCH LLP is a leading research and technology company in the financial sector, with a strong focus on sustainability. They offer innovative products and services and are led by a team of experienced professionals. Their commitment to sustainability sets them apart as a socially responsible business.

Financial Metrics

Cash
£586,901,000
Net Worth
£956,539,000
Total Current Assets
£759,083,000
Total Current Liabilities
£4,153,000

Company Location