SECURE TRUST BANK PUBLIC LIMITED COMPANY
Company Information
- Company Number
- 00541132
- Registered Address
- Yorke House, Arleston Way, Solihull, United Kingdom, B90 4LH
- Status
- Active
- Employee Count
- 940
- Turnover
- £170,000,000
- EBITDA
- £213,200,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 26 November 1954
- Nature of Business
- 64191 - Banks
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 11 Jul 2025 | 32 | 83% | 11% | 6% | 17% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 33 | 86% | 8% | 6% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 33 | 81% | 13% | 6% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 32 | 82% | 12% | 6% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 26 | 94% | 5% | 1% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 26 | 93% | 6% | 1% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 21 | 94% | 5% | 1% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 20 | 94% | 6% | 1% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 12 | 97% | 3% | 1% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 17 | 95% | 4% | 1% | 16% |
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
Standard payment terms are 30 days, however these may be flexed to meet the contractual requirements of the individual supplier.
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
Disputes are initially handled by Accounts Payable and the Requisitioner of the goods. If initial discussions do not resolve the complaint this may be escalated with the Procurement and legal teams.
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
SECURE TRUST BANK PUBLIC LIMITED COMPANY is a UK-based bank that provides a range of financial services to individuals and businesses. The bank was founded in 1952 and is headquartered in Solihull, West Midlands.
One of the key focuses of SECURE TRUST BANK is sustainability. The bank has a dedicated sustainability program that aims to reduce its environmental impact and promote responsible business practices. This includes initiatives such as reducing energy consumption, promoting recycling, and supporting local communities.
In terms of products and services, SECURE TRUST BANK offers a variety of banking and lending solutions to its customers. These include personal and business banking, savings accounts, mortgages, and loans. The bank also offers specialized services such as asset finance and invoice finance.
The key people at SECURE TRUST BANK include Chief Executive Officer Paul Lynam, Chief Financial Officer Neeraj Kapur, and Chairman Sir Henry Angest. The bank has a team of experienced professionals who are committed to providing excellent customer service and driving the bank's growth.
For those interested in learning more about SECURE TRUST BANK, the company's website is the best source of information. The website provides details about the bank's products and services, as well as its sustainability efforts. The bank's registered office is located at One Arleston Way, Solihull, West Midlands, B90 4LH.
Overall, SECURE TRUST BANK is a reputable UK bank that offers a wide range of financial services while also prioritizing sustainability. With a strong leadership team and a commitment to responsible business practices, the bank is well-positioned for continued success in the future.
