SANTANDER FINANCIAL SERVICES PLC

PaymentCheck Score 2020
95Excellent
New Entry
#374 in UK
#60 in Financial Services
#179 in London

Company Information

Company Number
02338548
Registered Address
2 Triton Square, Regent's Place, London, NW1 3AN
Status
Active
Employee Count
157
Turnover
£258,800,000
EBITDA
£1,500,000

Additional Details

Company Type
Public limited Company
Incorporated On
24 January 1989
Nature of Business
64999 - Financial intermediation not elsewhere classified
70100 - Activities of head offices
Industries
Financial Services
Region
London

Company Review

Trend Analysis

From 2018 to 2020, there was a steady decrease in the average time to pay for SANTANDER FINANCIAL SERVICES PLC, from 34 days to 18 days. This shows an improvement in the company's efficiency in paying invoices to suppliers. However, in the most recent period (2020-2021), there is no data available, so it is unclear if this trend continues.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively low, with only a 3% decrease from 2018 to 2019. However, there has been some fluctuation in the percentage of invoices paid between 31 and 60 days, with a 6% increase in 2019 and a 5% decrease in 2020. The biggest change has been in the percentage of invoices paid later than 60 days, with a 9% decrease from 2018 to 2019 and a 3% increase from 2019 to 2020.

Summary Analysis

From 2018 to 2020, SANTANDER FINANCIAL SERVICES PLC has shown improvement in their payment efficiency, with a decrease in the average time to pay and a decrease in the percentage of invoices paid later than 60 days. However, there has been some fluctuation in the percentage of invoices paid between 31 and 60 days. In the most recent period (2020-2021), there is no data available, so it is unclear if this trend continues.

Performance Reports History

Reporting Period Filed: 2023-02-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2022 - 31 Dec 202216 Feb 2023
01 Jan 2022 - 30 Jun 202211 Aug 2022
01 Jul 2021 - 31 Dec 202109 Feb 2022
01 Jan 2021 - 30 Jun 202102 Aug 2021
01 Jul 2020 - 31 Dec 202008 Feb 20211292%8%0%8%
01 Jan 2020 - 30 Jun 202028 Jul 20201894%3%3%6%
01 Jul 2019 - 31 Dec 201930 Jan 20203092%5%3%9%
01 Jan 2019 - 30 Jun 201926 Jul 20192980%13%7%21%
01 Jul 2018 - 31 Dec 201801 Feb 20193469%16%15%32%
01 Jan 2018 - 30 Jun 201831 Jul 20182484%10%6%16%

Payment Time Trends

Payment Distribution Trends

Company Summary

SANTANDER FINANCIAL SERVICES PLC is a British multinational bank that offers a wide range of financial services to its customers. It has a strong focus on sustainability and corporate responsibility, with various initiatives and programs in place to support this.

The company's sustainability program includes efforts to reduce its carbon footprint, promote diversity and inclusion, and support local communities. It also has a Responsible Banking Policy that outlines its commitment to ethical practices and responsible lending.

SANTANDER FINANCIAL SERVICES PLC offers a variety of products and services including current and savings accounts, mortgages, loans, credit cards, and insurance. It also has a digital banking platform, making it convenient for customers to access their accounts and manage their finances.

Key people at SANTANDER FINANCIAL SERVICES PLC include CEO Nathan Bostock and Chairman Shriti Vadera. The company has a strong leadership team with decades of experience in the financial industry.

For more information on SANTANDER FINANCIAL SERVICES PLC, including its sustainability efforts, products and services, and key people, you can visit their website at www.santander.co.uk. The registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom.

Financial Metrics

Cash
£2,445,000,000
Net Worth
£351,000,000
Total Current Assets
£6,999,000,000
Total Current Liabilities
£6,664,000,000

Company Location