SANTANDER UK PLC
Company Information
- Company Number
- 02294747
- Registered Address
- 2 Triton Square, Regent's Place, London, NW1 3AN
- Status
- Active
- Employee Count
- 19
- Turnover
- £12,556,000
- EBITDA
- £2,813,000
Additional Details
- Website
- https://abbey.com/
- Company Type
- Public limited Company
- Incorporated On
- 12 September 1988
- Nature of Business
- 64191 - Banks82990 - Other business support service activities not elsewhere classified
- Industries
- Financial Services,Professional Services,Property,Infrastructure And Construction
- Region
- London
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 Aug 2025 | 14 | 87% | 9% | 4% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 06 Feb 2025 | 11 | 93% | 6% | 1% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 16 | 88% | 7% | 5% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Aug 2023 | 20 | 77% | 18% | 5% | 25% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Feb 2023 | 15 | 92% | 5% | 3% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 16 | 85% | 12% | 3% | 84% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 13 | 94% | 4% | 2% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 21 | 81% | 13% | 6% | 20% |
| 01 Jul 2020 - 31 Jul 2020 | 08 Feb 2021 | 15 | 91% | 6% | 3% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 22 | 81% | 14% | 5% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 26 | 81% | 12% | 7% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 21 | 89% | 7% | 4% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 22 | 87% | 9% | 5% | 14% |
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 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. There are a small number of suppliers with Santander UK for which we have 14 days payment terms, these were agreed as part of specific contract negotiations.
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.
❌
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
SANTANDER UK PLC is a leading financial institution in the United Kingdom, offering a wide range of banking and financial services to individuals and businesses. As a part of the global SANTANDER Group, the company has a strong commitment to sustainability and responsible business practices.
The company's sustainability program focuses on three key areas: responsible banking, responsible business, and responsible citizenship. It aims to promote economic growth, protect the environment, and support local communities through various initiatives and partnerships.
SANTANDER UK PLC offers a variety of products and services, including current and savings accounts, mortgages, loans, credit cards, and insurance. They also have a digital banking platform, which allows customers to manage their finances conveniently.
The key people in SANTANDER UK PLC include the Chairman, Shriti Vadera, and CEO, Nathan Bostock, who are responsible for the overall management and strategic direction of the company.
To contact SANTANDER UK PLC, customers can visit their website at www.santander.co.uk or call their customer service number at 0800 9 123 123. The company's registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN.
