SANTANDER ASSET FINANCE PLC
Company Information
- Company Number
- 01533123
- Registered Address
- 2 Triton Square, Regent's Place, London, NW1 3AN
- Status
- Active
- Employee Count
- 0
- Turnover
- £3,226,000
- EBITDA
- £3,631,000
Additional Details
- Website
- https://santander.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 8 December 1980
- Nature of Business
- 64910 - Financial leasing77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Financial Services, Supply Chain, Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2020 - 30 Jun 2020 | 28 Jul 2020 | 51 | 58% | 21% | 21% | 42% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 22 | 86% | 7% | 7% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 20 | 93% | 7% | 0% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 66 | 73% | 12% | 15% | 27% |
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
Santander Asset Finance Plc 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 information available
Any other information about payment terms
No additional information
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.
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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.
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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.
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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
SANTANDER ASSET FINANCE PLC is a leading financial services company in the UK that offers a wide range of sustainable financing solutions to businesses of all sizes. The company is committed to promoting sustainability and responsible business practices, and this is reflected in its operations and products.
The company's sustainability program focuses on reducing its environmental impact, promoting diversity and inclusion, and supporting local communities. They have implemented various initiatives such as using renewable energy sources, reducing waste and carbon emissions, and promoting diversity in their workforce.
SANTANDER ASSET FINANCE PLC offers a variety of products and services to help businesses achieve their financial goals while also promoting sustainability. These include asset financing, invoice financing, and leasing solutions, all of which are designed to support businesses in their growth while also considering environmental and social factors.
The key people at SANTANDER ASSET FINANCE PLC include Nathan Bostock, Chairman, and CEO, and Thomas Ibbotson, Head of Sustainability. They lead a team of dedicated professionals who are committed to making a positive impact through sustainable finance.
For more information about SANTANDER ASSET FINANCE PLC and its sustainability efforts, you can visit their website at https://www.santanderassetfinance.co.uk/. The company's registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN.
