TD BANK EUROPE LIMITED

PaymentCheck Score 2025
88Good
6.4vs last year
#1121 in UK
#503 in London

Company Information

Company Number
02734652
Registered Address
60 Threadneedle Street, London, EC2R 8AP
Status
Active
Employee Count
8
Turnover
£43,000,000
EBITDA
£34,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 July 1992
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
81%
31-60 Days
6%
After 60 Days
13%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202527 May 20251771%29%0%0%
01 Nov 2023 - 30 Apr 202423 May 202422100%0%0%0%
01 May 2023 - 31 Oct 202316 Nov 202315100%0%0%0%
01 Nov 2022 - 30 Apr 202327 Sept 20232082%9%9%9%
01 May 2022 - 31 Oct 202227 Sept 20231875%25%0%0%
01 Nov 2021 - 30 Apr 202227 Sept 20231782%18%0%0%

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

We pay invoices within 60 days of receipt

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

With regards to any dispute, the accounts payable team will firstly engage with the internal business units to confirm facts and then liaise with suppliers to request copy of invoices, supplier statement and any other information needed. Disputes are resolved by discussion and agreement with the supplier.

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

TD Bank Europe Limited is a leading financial institution that provides a range of banking services in Europe. The bank is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

As part of its sustainability program, TD Bank Europe Limited has set specific targets to reduce its carbon footprint, increase its use of renewable energy, and minimize waste generation. The bank also offers sustainable financing options to its customers, such as green loans and green mortgages, to support environmentally-friendly projects.

In terms of products and services, TD Bank Europe Limited offers a wide range of banking services, including personal and business banking, wealth management, and investment solutions. The bank also has a strong focus on digital banking and offers online and mobile banking options for its customers.

The key people at TD Bank Europe Limited include CEO Greg Braca and President and Head of TD Securities, Bob Dorrance. The bank's registered office address is 60 St Mary Axe, London, EC3A 8JQ, United Kingdom. Customers can also contact the bank through its website, www.tdbank.com, or by phone at 0800 028 8930.

In summary, TD Bank Europe Limited is a reputable financial institution that is committed to sustainability and offers a variety of banking services and products to its customers. With a strong focus on digital banking and a dedicated team of leaders, the bank continues to be a trusted and reliable partner for its customers.

Financial Metrics

Cash
£52,194,485
Net Worth
£729,433,060
Total Current Assets
£13,295,461,997
Total Current Liabilities
£12,551,213,984

Company Location