Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 89.15/100 qualifies for PaymentCheck Certification
| 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 2025 - 31 Dec 2025 | 27 Jan 2026 | 24 | 86% | 9% | 5% | 16% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 17 | 88% | 8% | 4% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 25 | 86% | 8% | 6% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 18 | 86% | 9% | 5% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 29 | 79% | 14% | 7% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 21 | 82% | 12% | 6% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 31 | 76% | 13% | 11% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 29 | 76% | 14% | 10% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 27 | 77% | 15% | 9% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 32 | 70% | 17% | 13% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 31 | 67% | 20% | 13% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 29 | 69% | 20% | 11% | 41% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 22 | 78% | 15% | 7% | 33% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 14 | 76% | 15% | 9% | 34% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 29 | 66% | 21% | 13% | 52% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 30 days however we work with our suppliers to reach payment terms that work for both them and us.
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
120
Where we have a dispute in respect of an invoice our policy is that we WILL notify the supplier of its nature in writing within 30 days of receipt of the invoice. In such circumstances we are entitled to withhold payment until such time as the dispute is resolved. All disputes are initially dealt with by our accounts payable team whose contact details are readily available to all suppliers. Where disputes are more significant we will resolve them in accordance with the process detailed in individual supplier contracts.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Metro Bank PLC is a UK retail and commercial bank, registered under company number 06419578. It launched in 2010 as the first new high street bank in over a century, offering personal, business, commercial and private banking services including current and savings accounts, mortgages, loans, credit cards and asset finance. Customers can bank through its network of stores across England and Wales, via UK-based contact centres, online or through its mobile app. It positions itself as a relationship-focused bank emphasising human interaction alongside digital banking tools. Eligible deposits are protected by the Financial Services Compensation Scheme.
Generated from the company's website and Companies House records. Sources: metrobankonline.co.uk · metrobankonline.co.uk