LLOYDS BANK SUBSIDIARIES LIMITED
Company Information
- Company Number
- 00117008
- Registered Address
- 25 Gresham Street, London, EC2V 7HN
- Status
- Active
- Employee Count
- 0
- Turnover
- £7,170,000
- EBITDA
- £7,170,000
Additional Details
- Website
- https://lloydsbank.com
- Company Type
- Private limited Company
- Incorporated On
- 26 July 1911
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
Company Review
Trend Analysis
From Jan 2018 to Dec 2019, there has been a consistent trend of LLOYDS BANK SUBSIDIARIES LIMITED taking longer to pay their invoices. This can be seen in the increasing average time to pay and percentage of invoices paid later than 60 days.
Volatility Analysis
There is minimal volatility in the data for LLOYDS BANK SUBSIDIARIES LIMITED, with small fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. However, there is a significant increase in the percentage of invoices paid later than 60 days in the last two periods, indicating a potential issue with delayed payments.
Summary Analysis
For LLOYDS BANK SUBSIDIARIES LIMITED, the average time to pay invoices has increased steadily since Jan 2018, reaching a peak of 42.3 days in the last period. The percentage of invoices paid within 30 days has remained relatively stable, with a slight decrease from 84.6% in the first period to 83.7% in the last period. The percentage of invoices paid between 31 and 60 days has also remained stable, with a small increase from 10.4% in the first period to 11.1% in the last period. However, the percentage of invoices paid later than 60 days has seen a significant increase, from 5% in the first period to 5.2% in the second period and 7.1% in the last period.
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 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
LLOYDS BANK SUBSIDIARIES LIMITED is a banking and financial services company based in the United Kingdom. It is a subsidiary of Lloyds Banking Group, one of the largest and oldest banking institutions in the UK. The company offers a wide range of financial products and services to its customers, including personal and business banking, mortgages, insurance, and investments.
As part of its commitment to sustainability, LLOYDS BANK SUBSIDIARIES LIMITED has implemented various initiatives to reduce its environmental impact and promote responsible practices. This includes reducing its carbon footprint, investing in renewable energy, and promoting sustainable financing options for customers.
The company's key people include António Horta-Osório, the Group Chief Executive Officer, and William Chalmers, the Chief Financial Officer. Both have extensive experience in the banking industry and have been instrumental in steering LLOYDS BANK SUBSIDIARIES LIMITED towards sustainable practices.
Customers can contact LLOYDS BANK SUBSIDIARIES LIMITED through their website, which also provides information on their products and services. The registered office address for the company is 25 Gresham Street, London, EC2V 7HN, United Kingdom.
In summary, LLOYDS BANK SUBSIDIARIES LIMITED is a leading banking and financial services company in the UK, committed to sustainability and offering a wide range of products and services to its customers. With a strong leadership team and a focus on responsible practices, the company continues to be a trusted and reliable partner for its customers.
