THE ACCESS BANK UK LIMITED
Company Information
- Company Number
- 06365062
- Registered Address
- 4 Royal Court, Gadbrook Way Gadbrook Park, Northwich, Cheshire, CW9 7UT
- Status
- Active
- Employee Count
- 167
- Turnover
- £104,561,000
- EBITDA
- £50,397,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 September 2007
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- North West
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 2024 - 31 Dec 2024 | 30 Jan 2025 | 13 | 94% | 5% | 1% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 13 | 91% | 8% | 1% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 11 | 92% | 6% | 2% | 8% |
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
Where the Access Bank UK Limited agrees terms of payment with suppliers for each transaction or series of transactions, it will comply with those terms based on the timely submission of valid invoices. In the absence of agreed terms with a supplier, the Bank’s process is to pay within 30 days of receipt of a valid invoice to accounts payable.
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
30
Dispute Resolution Process
The Access Bank UK Limited and the supplier will first attempt to resolve any dispute through informal discussion between the Bank’s relevant head of department and the supplier. If this is unsuccessful the matter is referred internally for formal discussion between an executive of the Bank and the supplier. Should the parties remain unable to resolve the dispute either party, at their discretion may then refer to the matter to court.
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.
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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
THE ACCESS BANK UK LIMITED is a UK-based financial institution that offers a wide range of banking services to its customers. The bank is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote responsible business practices.
The bank's sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing responsible lending practices. They also have a strong focus on diversity and inclusion, with a goal to increase the representation of women in leadership roles.
In terms of products and services, THE ACCESS BANK UK LIMITED offers a range of banking services including corporate and commercial banking, treasury services, trade finance, and private banking. They also provide financing solutions for sustainable projects and investments, demonstrating their commitment to promoting environmentally-friendly practices.
The key people at THE ACCESS BANK UK LIMITED include the CEO, Jamie Simmonds, who has over 25 years of experience in the banking industry, and the Chairman, Dr. Ajoritsedere Awosika, who brings extensive experience in finance and corporate governance.
The bank's website address is www.accessbankuk.co.uk, where customers can access information about their services, products, and sustainability initiatives. The registered office address is 4 Royal Court, Gadbrook Way, Gadbrook Park, Northwich, Cheshire, CW9 7UT.
In summary, THE ACCESS BANK UK LIMITED is a responsible and sustainable financial institution that offers a range of banking services to its customers. With a strong focus on sustainability and a dedicated team of experienced professionals, the bank is committed to making a positive impact on both its customers and the environment.
