CATER ALLEN LIMITED
Company Information
- Company Number
- 00383032
- Registered Address
- 2 Triton Square, Regent's Place, London, NW1 3AN
- Status
- Active
- Employee Count
- 89.0
- Turnover
- 105674000.0
- EBITDA
- 70212000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 September 1943
- Nature of Business
- 64191 - Banks
- Industries
- 0
- Region
- London
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 15 | 90% | 7% | 3% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Aug 2023 | 21 | 76% | 17% | 7% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Feb 2023 | 21 | 78% | 12% | 10% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 22 | 82% | 9% | 9% | 82% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 13 | 93% | 3% | 4% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 21 | 84% | 6% | 10% | 16% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 15 | 81% | 19% | 0% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 12 | 89% | 12% | 0% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 28 | 94% | 3% | 3% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 29 | 88% | 7% | 6% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 21 | 93% | 7% | 0% | 7% |
Company Summary
CATER ALLEN LIMITED is a UK-based private bank that offers a range of financial products and services to individuals, businesses, and charities
The company was founded in 1816 and is currently a subsidiary of Santander UK
CATER ALLEN LIMITED's sustainability program focuses on reducing its environmental impact by implementing energy-efficient practices, reducing waste, and promoting sustainable business practices
The company also supports a number of charities and community initiatives
The bank offers a wide range of financial products and services, including savings and investment accounts, current accounts, and lending solutions
Their services are tailored to meet the needs of their customers, whether they are individuals, businesses, or charities
The key people at CATER ALLEN LIMITED include the CEO, Paul Feeney, and the Managing Director, Mark Durno
They are supported by a team of experienced professionals who are committed to providing excellent customer service and maintaining the bank's reputation for reliability and integrity
Customers can contact CATER ALLEN LIMITED through their website, which also provides information on their products and services
The bank's registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom
In summary, CATER ALLEN LIMITED is a reputable private bank with a strong focus on sustainability and a wide range of financial products and services to cater to the diverse needs of their customers
With a dedicated team of professionals and a commitment to ethical business practices, the bank continues to be a trusted partner for individuals, businesses, and charities in the UK
Company Review
Trend Analysis
The trend for CATER ALLEN LIMITED's average time to pay invoices has been fluctuating over the past 6 periods. It initially decreased from 21 in 2018 to 14 in 2019, then increased to 22 in 2022 before decreasing again to 15 in 2023.
Volatility Analysis
The volatility for CATER ALLEN LIMITED's average time to pay invoices has been high, with a range of 17 between the lowest and highest values over the past 6 periods.
Summary Analysis
Over the past 3 periods, CATER ALLEN LIMITED's average time to pay invoices has been relatively stable, with a slight increase from 15 in 2020 to 21 in 2023. The percentage of invoices paid within 30 days has also remained consistent at around 90%, with a slight dip to 84% in 2021. However, there has been an increase in the percentage of invoices paid between 31 and 60 days, from 6% in 2021 to 17% in 2023. The worst period for CATER ALLEN LIMITED was in 2022, where 82% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Cater Allen Limited payment terms are 30 days. There are no contracts for which there are longer payment terms and there have been no changes to this arrangement in the period.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
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. Should the supplier remain unhappy at the outcome of the initial escalation and investigation, they can refer the matter to an independent body. Information regarding this process is included in the standard contract terms.
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
