ACCORD MORTGAGES LIMITED
Company Information
- Company Number
- 02139881
- Registered Address
- Yorkshire House, Yorkshire Drive, Bradford, West Yorkshire, BD5 8LJ
- Status
- Active
- Employee Count
- 0
- Turnover
- £924,000,000
- EBITDA
- £179,000,000
Additional Details
- Website
- https://accordmortgages.com/
- Company Type
- Private limited Company
- Incorporated On
- 11 June 1987
- Nature of Business
- 64922 - Activities of mortgage finance companies
- Industries
- Financial Services
- Region
- Yorkshire and The Humber
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 | 07 Jul 2025 | 17 | 85% | 15% | 0% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 9 | 82% | 18% | 0% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 10 Jan 2024 | 9 | 100% | 0% | 0% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 8 | 97% | 3% | 0% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 8 | 99% | 1% | 0% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 13 | 94% | 1% | 5% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 19 | 71% | 28% | 1% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 16 | 86% | 14% | 0% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 11 | 93% | 7% | 0% | 48% |
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
Accord Mortgages Limited is a wholly owned subsidiary of Yorkshire Building Society (YBS) and YBS has one payment process and policy for all its group and subsidiary companies. Payment terms are as set out above unless otherwise agreed by both parties and/or is set out in any contract. Payment is calculated from the date of receipt of a valid invoice quoting a valid Purchase Order number unless an exception has been agreed. Invoices are normally sent by the supplier direct to the company or YBS for matching to Purchase Orders. There will be a follow up with Buyers on any Purchase Orders not receipted or invoices not matched to Purchase Orders. Invalid invoices are rejected and returned back to the supplier. Where appropriate, contractual remedies for late payment of invoices are negotiated. We may set off against the invoice any sums owed to us, unless our contract prohibits this.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Improved or amended payment terms may be agreed during negotiations with suppliers. The YBS Senior Manager Supply Chain has sole discretion to allocate immediate payment terms to sellers under exceptional circumstances, subject to any contracts in place.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes will be managed in accordance with any escalation procedures or contractual provisions in place or resolved through negotiation by the Group's Procurement Team or Supplier Relationship Managers and any unresolved disputes may be escalated to Group Legal if required.
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
ACCORD MORTGAGES LIMITED is a UK-based company that provides mortgage services to customers. The company is committed to sustainability and has implemented various measures to reduce its environmental impact.
One of the main activities of ACCORD MORTGAGES LIMITED is providing mortgage loans to customers. They offer a variety of mortgage products such as fixed-rate mortgages, tracker mortgages, and buy-to-let mortgages. Customers can also choose from different repayment options and loan terms to suit their needs.
The company also has a sustainability program in place, which focuses on reducing its carbon footprint and promoting sustainable practices. This includes using renewable energy sources, reducing waste, and promoting eco-friendly initiatives within the company.
The key people at ACCORD MORTGAGES LIMITED include the CEO, David Robinson, and the Managing Director, Charles Canning. They both have extensive experience in the mortgage industry and are committed to providing excellent customer service.
Customers can contact ACCORD MORTGAGES LIMITED through their website, which also provides information about their mortgage products and services. The company's registered office address is Yorkshire House, Yorkshire Drive, Bradford, West Yorkshire, BD5 8LJ.
In conclusion, ACCORD MORTGAGES LIMITED is a leading mortgage provider in the UK, offering a range of products and services to customers. They are also committed to sustainability and have implemented measures to reduce their environmental impact. With their experienced team and customer-focused approach, ACCORD MORTGAGES LIMITED continues to be a trusted name in the mortgage industry.
