SANTANDER ASSET MANAGEMENT UK LIMITED

PaymentCheck Score 2023
72Fair
0.5vs last year
#2640 in UK
#317 in Financial Services
#115 in Scotland

Company Information

Company Number
SC106669
Registered Address
287 St. Vincent Street, Glasgow, G2 5NB
Status
Active
Employee Count
78
Turnover
£32,107,000
EBITDA
£7,725,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 September 1987
Nature of Business
66300 - Fund management activities
Industries
Financial Services
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
68%
31-60 Days
21%
After 60 Days
11%
Not Paid Within Terms35%

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: 2024-01-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202312 Jan 20243468%21%11%35%
01 Jul 2022 - 31 Dec 202225 Jan 20233365%22%13%41%
01 Jan 2022 - 30 Jun 202218 Jul 20223574%18%9%30%
01 Jul 2021 - 31 Dec 202119 Jan 20222780%10%10%21%
01 Jan 2021 - 30 Jun 202112 Jul 20213390%8%3%29%
01 Jul 2020 - 31 Dec 202019 Jan 20212686%9%5%14%
01 Jan 2020 - 30 Jun 202030 Jul 20204073%22%5%51%
01 Jun 2019 - 31 Dec 201917 Aug 20204661%23%16%48%
01 Jan 2019 - 30 Jun 201917 Aug 20204449%33%18%51%
30 Jun 2018 - 31 Dec 201817 Aug 20204358%26%16%42%
01 Jan 2018 - 30 Jun 201817 Aug 20204952%27%21%48%

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

Santander Asset Management UK Limited has one Payment policy and associated procedures. Santander Asset Management UK Limited payment terms are 30 days.

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

If a supplier has a dispute regarding payment, there is an established escalation and investigation process in place through the Head of Finance.

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

SANTANDER ASSET MANAGEMENT UK LIMITED is a leading investment management company based in the United Kingdom. They offer a wide range of investment products and services to individual and institutional clients.

Their sustainability program is focused on responsible investing, with a commitment to environmental, social, and governance (ESG) factors. They have a dedicated team that integrates ESG principles into their investment strategies, aiming to generate long-term value for their clients while also making a positive impact on society and the environment.

Some of their key products and services include multi-asset funds, equity funds, fixed income funds, and alternative investments. They also offer investment solutions tailored to the specific needs of their clients.

The key people at SANTANDER ASSET MANAGEMENT UK LIMITED include their CEO, Nathan Bostock, and their Chief Investment Officer, Toby Vaughan. They both have extensive experience in the financial industry and are committed to driving the company's growth and success.

Their website address is www.santanderassetmanagement.co.uk, where interested individuals can find more information about their products and services, as well as their sustainability program. Their registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom.

In summary, SANTANDER ASSET MANAGEMENT UK LIMITED is a reputable investment management company with a strong commitment to sustainability and responsible investing. They offer a diverse range of investment products and services, and their experienced leadership team is dedicated to delivering value for their clients.

Financial Metrics

Cash
£51,937,846
Net Worth
£42,280,296
Total Current Assets
£59,502,282
Total Current Liabilities
£18,093,546

Company Location