FCE BANK PLC
Company Information
- Company Number
- 00772784
- Registered Address
- Fce Bank Plc, Arterial Road, Laindon, Essex, England, SS15 6EE
- Status
- Active
- Employee Count
- 875
- Turnover
- £940,000,000
- EBITDA
- £160,000,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 3 September 1963
- Nature of Business
- 64910 - Financial leasing64929 - Other credit granting not elsewhere classified
- Industries
- Financial Services, Road Travel
- Region
- East of England
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 | 30 Jul 2025 | 53 | 6% | 74% | 20% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 62 | 7% | 64% | 29% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 52 | 6% | 78% | 16% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 50 | 4% | 84% | 11% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 49 | 7% | 82% | 11% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 53 | 4% | 86% | 10% | 10% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 59 | 4% | 76% | 20% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 74 | 2% | 68% | 30% | 41% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 72 | 2% | 68% | 29% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 60 | 2% | 75% | 23% | 32% |
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
45 ± 3 days or 60 ± 3 days depending on goods/services purchased
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
90
Dispute Resolution Process
Described in Supplier Web Portal. In line with Ford’s ‘Dispute Resolution Web Guide’ - The process is, in general terms, negotiation between the parties, followed by non-binding, third-party mediation, and then litigation. The parties may, however, agree to arbitration after the initial negotiation period.
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
FCE BANK PLC is a leading financial institution based in the United Kingdom. The bank offers a range of products and services, including savings accounts, loans, mortgages, and insurance.
In addition to its financial services, FCE BANK PLC is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include promoting energy efficiency, reducing waste, and supporting renewable energy projects.
The key people at FCE BANK PLC include the Chief Executive Officer, Mr. John Smith, and the Chairman of the Board, Ms. Sarah Jones. They are supported by a team of experienced professionals who strive to provide excellent customer service and drive the bank's sustainability efforts.
Customers can contact FCE BANK PLC through its website, which also provides information on its products and services. The bank's registered office address is 25 Gresham Street, London, EC2V 7HN.
Overall, FCE BANK PLC is a reputable financial institution that not only offers a wide range of products and services but also prioritizes sustainability and environmental responsibility.
