COLUMBIA THREADNEEDLE INVESTMENT BUSINESS LIMITED

PaymentCheck Score 2024
79Good
4.4vs last year
#2170 in UK
#100 in Scotland

Company Information

Company Number
SC151198
Registered Address
6th Floor Quartermile 4, 7a Nightingale Way, Edinburgh, Scotland, EH3 9EG
Status
Active
Employee Count
0
Turnover
£60,746,000
EBITDA
-£1,032,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 June 1994
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
69%
31-60 Days
24%
After 60 Days
7%
Not Paid Within Terms28%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202428 Jan 20252769%24%7%28%
01 Jan 2024 - 30 Jun 202429 Jul 20242179%21%0%24%
01 Jan 2023 - 30 Jun 202325 Jul 20232677%20%3%57%
01 May 2022 - 31 Dec 202226 Jan 20231784%13%3%49%
01 Nov 2021 - 30 Apr 202227 May 20221487%13%0%43%
01 May 2021 - 31 Oct 202123 Nov 20211974%26%0%63%
01 Nov 2020 - 30 Apr 202126 May 20212356%44%0%69%

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 correctly stated, undisputed supplier invoices in accordance with the terms specified on the invoice or in an underlying legal contract. Where there are no explicitly stated payment terms, the company’s policy is to settle correctly stated, undisputed invoices within 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

To the extent a supplier’s contract includes terms on dispute resolution, the company seeks to follow the agreed process set out in those terms. In the absence of such terms, the company aims to resolve disputes with suppliers fairly and on a timely basis. Typically, disputes are resolved through discussion by the relevant business or procurement manager with the third-party supplier contact. Where a dispute remains unresolved after some time, the matter will be escalated to senior management to attempt to expedite a 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

Columbia Threadneedle Investment Business Limited is a leading global investment management company based in the United Kingdom. The company offers a wide range of sustainable investment products and services to its clients.

The sustainability program of Columbia Threadneedle Investment Business Limited is an integral part of its business strategy. The company is committed to responsible investment and has a dedicated team focused on integrating environmental, social, and governance (ESG) factors into its investment decisions. They also engage with companies to encourage them to adopt sustainable practices and improve their ESG performance.

The company's products and services include a variety of funds and strategies that cater to different investment objectives and risk profiles. They offer sustainable funds that invest in companies with strong ESG credentials, as well as impact funds that target specific social or environmental objectives. Additionally, they have a range of traditional funds and strategies that incorporate ESG considerations.

The key people at Columbia Threadneedle Investment Business Limited include its CEO, Ted Truscott, who has over 30 years of experience in the investment management industry. The company also has a team of experienced fund managers and analysts who are responsible for managing their various investment strategies.

For more information, interested individuals can visit the company's website at www.columbiathreadneedle.co.uk. The registered office address for Columbia Threadneedle Investment Business Limited is Cannon Place, 78 Cannon Street, London, EC4N 6AG, United Kingdom.

Financial Metrics

Cash
£14,123,000
Net Worth
£14,733,000
Total Current Assets
£31,167,000
Total Current Liabilities
£16,797,000

Company Location