CURTIS BANKS LIMITED

PaymentCheck Score 2022
98Excellent
0.9vs last year
#174 in UK
#34 in Financial Services
#3 in South West

Company Information

Company Number
06758825
Registered Address
Dunn's House, St Paul's Road, Salisbury, Wiltshire, United Kingdom, SP2 7BF
Status
Active
Employee Count
252
Turnover
£22,163,000
EBITDA
£5,155,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 November 2008
Nature of Business
65300 - Pension funding
Industries
Financial Services
Region
South West

Time to Pay

Average Time to Pay
11 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202228 Jul 20221197%2%1%3%
01 Jun 2021 - 31 Dec 202124 Jan 20221397%3%0%4%
01 Jan 2021 - 30 Jun 202127 Jul 20211495%4%1%6%
01 Jan 2020 - 30 Jun 202027 Jul 20201393%7%0%7%
01 Jul 2019 - 31 Dec 201912 Feb 20201494%6%0%7%
01 Jan 2018 - 30 Jun 201831 Jul 20181297%2%1%7%

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 we enter into standard terms with suppliers they would usually include payment terms requiring payment within 30 days of receipt of a valid invoice. Upon receipt of a valid invoice, those invoices are included in a weekly payment run as they fall due.

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

Any disputes should be submitted to the Curtis Banks member of staff managing the contract. If required they may escalate the dispute to their manager or the relevant director. If there is any further dispute, this would be escalated and referred to our in-house Legal team.

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

CURTIS BANKS LIMITED is a UK-based financial institution that provides pension administration and self-invested personal pension (SIPP) services to individuals and businesses.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have a sustainability program in place that focuses on reducing their carbon footprint, promoting eco-friendly practices, and engaging with their stakeholders on sustainability issues.

CURTIS BANKS LIMITED offers a range of products and services, including SIPPs, small self-administered schemes (SSAS), and workplace pensions. They also offer investment and retirement planning services to help individuals and businesses make informed financial decisions.

The key people at CURTIS BANKS LIMITED include Will Self, the Chief Executive Officer, and Paul Tarran, the Chief Financial Officer. They are supported by a team of experienced professionals who are dedicated to providing high-quality services to their clients.

The company's website address is www.curtisbanks.co.uk, where customers can access information about their products and services, as well as important updates and resources. Their registered office address is Third Floor, Exchange House, 71 Crouch End Hill, London, N8 8DF.

In summary, CURTIS BANKS LIMITED is a sustainable financial institution that offers a variety of pension and investment services to its clients. With a strong commitment to sustainability and a team of experienced professionals, they strive to provide excellent customer service and help individuals and businesses achieve their financial goals.

Financial Metrics

Cash
£5,754,000
Net Worth
£6,574,000
Total Current Assets
£15,198,000
Total Current Liabilities
£9,627,000

Company Location