JUMP TRADING INTERNATIONAL LIMITED
Company number: 05976015
Reporting period:
1 July 2024 to
31 December 2024
This report was filed on 30 January 2025
and approved by Colleen Hickey
Payment statistics
Average time taken to pay invoices: 25 days
Invoices paid:
- within 30 days: 92%
- in 31 to 60 days: 6%
- in 61 days or more: 2%
Invoices due but not paid within agreed terms: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms Jump Trading International enters with vendors, i.e. 'qualifying contracts' is Net 30. Net 30 is defined by payment within 30 days of invoice receipt.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
In the event that a vendor has questions regarding payment, vendors are advised to send their questions to ap@jumptrading.com. If a dispute has been identified between the payer and payee, the accounts payable team will connect with the appropriate internal stakeholder within Jump Trading International to help communicate the disputed issue back to said vendor within a timely manner. Generally, all vendors are provided with the Accounts Payable email address when they are onboarded to inquire about questions related to payments.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No