The data for GRACECHURCH CARD PROGRAMME FUNDING PLC shows a consistent trend in the average time taken to pay invoices. There is no significant change in the average time to pay between the different periods.
The data for GRACECHURCH CARD PROGRAMME FUNDING PLC shows low volatility in terms of the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. There is also low volatility in the percentage of invoices not paid within agreed terms. However, the shortest (or only) standard payment period varies slightly between the different periods.
Between Jan 2018 and Jun 2020, GRACECHURCH CARD PROGRAMME FUNDING PLC has maintained a consistent average time to pay invoices. The percentage of invoices paid within 30 days has also remained stable, ranging between 70-80%. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 10% in 2018 to 15% in 2020. The company has also shown improvement in paying invoices later than 60 days, with a decrease from 20% in 2018 to 15% in 2020. The percentage of invoices not paid within agreed terms has remained low, ranging between 5-10%. The shortest (or only) standard payment period has varied slightly between 10-15 days.
| 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 2020 - 30 Jun 2020 | 28 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 |
Gracechurch Card Programme Funding Plc is a company registered in England, incorporated in 2008, with its registered office at Barclays Group's Canary Wharf headquarters. Its name indicates it operates as a funding vehicle linked to a card programme within the wider Barclays Group. No independent trading website or description for this specific entity was found; the supplied evidence relates to Barclays Group as a whole, which describes itself as a British universal bank offering consumer banking, corporate banking and investment banking services. This entity should be understood as part of that group's broader financing structure rather than as an operating business in its own right, likely used to support securitisation of card receivables.
Generated from the company's website and Companies House records. Sources: barclays.com