VTB CAPITAL PLC

PaymentCheck Score 2020
97Excellent
New Entry
#264 in UK
#12 in West Midlands

Company Information

Company Number
00159752
Registered Address
C/O Teneo Financial Advisory Limited The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT
Status
In Administration
Employee Count
154
Turnover
£117,509,000
EBITDA
£68,854,000

Additional Details

Company Type
Public limited Company
Incorporated On
18 October 1919
Nature of Business
64191 - Banks
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
11 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2022-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202022 Jan 20211594%3%3%1%
01 Jan 2019 - 30 Jun 201926 Jul 20191890%6%4%1%
01 Jan 2018 - 30 Jun 201827 Jul 20181890%6%4%1%

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

Under VTB Capital PLC's standard contractual terms, we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice. For any invoices relating to US nexus, the contractual payment terms is 14 days from the invoice date

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

60

Dispute Resolution Process

Disputes are resolved through a process involving the relevant parties and accounts payable.

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

VTB CAPITAL PLC is a leading global investment bank that provides a wide range of financial services to clients in over 35 countries. The company is committed to sustainability and has a strong focus on responsible business practices.

The sustainability program of VTB CAPITAL PLC includes initiatives to reduce its environmental impact, promote diversity and inclusion, and support local communities. The company also adheres to strict ethical and compliance standards in all its operations.

VTB CAPITAL PLC offers a diverse portfolio of products and services, including investment banking, asset management, equity and debt capital markets, and corporate lending. It also has a strong presence in emerging markets, particularly in Russia and the CIS countries.

The company is led by a team of experienced and highly skilled professionals, including its CEO, Alexei Yakovitsky, who has over 20 years of experience in the financial industry.

For more information on VTB CAPITAL PLC and its services, interested parties can visit their website at www.vtbcapital.com. The registered office address of the company is 14 Cornhill, London, EC3V 3ND, United Kingdom. Overall, VTB CAPITAL PLC is a reputable and sustainable investment bank that continues to grow and expand its global reach.

Financial Metrics

Cash
£218,341,771
Net Worth
£316,575,184
Total Current Assets
£1,390,944,133
Total Current Liabilities
£1,285,082,156

Company Location