SANTANDER UK TECHNOLOGY LIMITED
Company Information
- Company Number
- 05212726
- Registered Address
- 2 Triton Square, Regents Place, London, NW1 3AN
- Status
- Active
- Employee Count
- 1,161
- Turnover
- £45,883,000
- EBITDA
- £1,296,000
Additional Details
- Website
- https://santander.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 23 August 2004
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- Coming Soon
- 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 Jul 2022 - 31 Dec 2022 | 16 Feb 2023 | 94 | 54% | 7% | 39% | 46% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 26 | 71% | 20% | 9% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 17 | 92% | 3% | 5% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 29 | 69% | 21% | 9% | 31% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 18 | 89% | 5% | 6% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 19 | 85% | 10% | 5% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 21 | 83% | 12% | 5% | 17% |
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 Technology Limited 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 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.
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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.
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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.
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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 TECHNOLOGY LIMITED is a leading technology company based in the UK that provides innovative solutions to the financial sector. They are committed to sustainability and have a strong focus on reducing their environmental impact.
Their sustainability program includes initiatives such as reducing paper usage, increasing energy efficiency, and promoting recycling. They also have a responsible sourcing policy in place to ensure ethical and sustainable practices throughout their supply chain.
The company offers a range of products and services including digital banking solutions, payment processing, and data analytics. They cater to both individual and corporate clients, providing them with secure and user-friendly technology solutions.
Some key people at SANTANDER UK TECHNOLOGY LIMITED include their CEO, Nathan Bostock, and their Chief Technology Officer, John Conway. They are supported by a team of experienced professionals who are dedicated to driving innovation and delivering excellent customer service.
For more information on their products and services, interested parties can visit the company's website at www.santander.co.uk/technology. Their registered office address is located at 2 Triton Square, Regent's Place, London, NW1 3AN. SANTANDER UK TECHNOLOGY LIMITED is committed to making a positive impact in the financial industry through their sustainable practices and cutting-edge technology solutions.
