SANTANDER CONSUMER UK PLC
Company Information
- Company Number
- 02248870
- Registered Address
- Santander House, 86 Station Road, Redhill, Surrey, RH1 1SR
- Status
- Active
- Employee Count
- 738.0
- Turnover
- 337296000.0
- EBITDA
- 235125000.0
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 27 April 1988
- Nature of Business
- 64910 - Financial leasing$64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
- Industries
- Financial Services,Travel And Transportation
- Region
- South East
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 | 02 Feb 2024 | 2 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Aug 2023 | 2 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Feb 2023 | 3 | 99% | 0% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Aug 2022 | 3 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 4 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 4 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 4 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 4 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 41 | 57% | 25% | 18% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 41 | 65% | 21% | 14% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 38 | 71% | 16% | 13% | 29% |
Company Summary
SANTANDER CONSUMER (UK) PLC is a leading financial services company based in the United Kingdom
The company offers a range of products and services including loans, credit cards, and insurance to both individuals and businesses
Their sustainability program is focused on promoting responsible and ethical practices in their operations
They aim to reduce their environmental impact by implementing energy-efficient measures and promoting recycling and waste reduction
They also support various community initiatives and charitable causes through their Santander Foundation
The company is led by CEO Nathan Bostock and has a dedicated team of professionals who are committed to providing excellent customer service and driving the company's growth
They are also committed to diversity and inclusion, with a focus on promoting equal opportunities for all employees
For customers, SANTANDER CONSUMER (UK) PLC offers a range of products and services tailored to their needs
Their loans and credit cards have competitive interest rates and flexible repayment options
They also offer insurance products for personal and business needs, providing peace of mind to their customers
The company's registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom
Customers can contact them through their website, www.santander.co.uk, or by phone at 0800 389 7000
In conclusion, SANTANDER CONSUMER (UK) PLC is a reputable financial services company with a strong focus on sustainability and customer satisfaction
With a dedicated team and a range of products and services, they strive to meet the financial needs of their customers while promoting responsible practices
Company Review
Trend Analysis
The data shows a consistent trend of improvement in the average time taken for SANTANDER CONSUMER (UK) PLC to pay its invoices. From 2018 to 2023, the average time has decreased from 38 days to 2 days, indicating a significant improvement in payment efficiency.
Volatility Analysis
There is minimal volatility in the data, as the average time to pay invoices has consistently decreased over the years. However, there is a slight increase in the percentage of invoices paid between 31 and 60 days in 2019 compared to 2018, but this has been offset by a decrease in the percentage of invoices 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
Santander Consumer (UK) 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
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
