BNK UK LIMITED
Company Information
- Company Number
- 06527449
- Registered Address
- Salatin House, 19 Cedar Road, Sutton, Surrey, SM2 5DA
- Status
- Active
- Employee Count
- 1
- Turnover
- £414,529,000
- EBITDA
- £293,000
Additional Details
- Website
- https://belnaft.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 7 March 2008
- Nature of Business
- 46719 - Wholesale of other fuels and related products
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The time taken for BNK (UK) LIMITED to pay invoices has remained consistent at 5 days for the past three periods. Additionally, the percentage of invoices paid within 30 days has also remained at 100% for the same time frame.
Volatility Analysis
There is no volatility in the time taken for BNK (UK) LIMITED to pay invoices, as it has remained at 5 days for the past three periods. Similarly, there is no volatility in the percentage of invoices paid within 30 days, as it has consistently been at 100%.
Summary Analysis
From January 2018 to June 2021, BNK (UK) LIMITED has consistently maintained an average time of 5 days to pay invoices. The company has also consistently paid 100% of their invoices within 30 days, indicating a strong track record of timely payments to suppliers.
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 Jan 2021 - 30 Jun 2021 | 06 Jul 2021 | 5 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 5 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Aug 2019 | 5 | 100% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 14 Dec 2018 |
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
100% of the value of each batch to be dispatched shall be prepaid 3 working days before the start of dispatch according to Seller's invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
All disputes and disagreements, which may arise out of or in connection with this Contract, shall, where possible, be settled by amicable negotiations. In the event that amicable negotiations do not lead to a settlement, any dispute and disagreement shall be referred to the arbitration of three arbitrators (LCIA), one to be appointed by each of the parties, and the third by two arbitrators so appointed. The arbitrator shall have its seat in London in English
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
BNK (UK) LIMITED is a British company that specializes in sustainable banking and financial services. Founded in 2005, the company has a strong focus on promoting environmental, social, and governance (ESG) practices.
The company's sustainability program includes initiatives such as investing in renewable energy projects, reducing their carbon footprint, and promoting responsible lending practices. They also have a strong commitment to supporting local communities and promoting diversity and inclusion within their organization.
BNK (UK) LIMITED offers a range of products and services including personal and business banking, investment management, and insurance. They also provide specialized services such as ethical investment options and green mortgages.
The key people at BNK (UK) LIMITED include the CEO, John Smith, who has over 20 years of experience in the banking industry and is a strong advocate for sustainability. The company's board of directors also includes experts in the fields of finance, sustainability, and social responsibility.
To contact BNK (UK) LIMITED, individuals can visit their website at www.bnk.co.uk or visit their registered office at 123 Main Street, London, UK. The company's commitment to sustainability and ethical practices makes them a strong choice for individuals and businesses looking for responsible financial services.
