CAMBRIDGE & COUNTIES BANK LIMITED
Company Information
- Company Number
- 07972522
- Registered Address
- Charnwood Court, 5b New Walk, Leicester, England, LE1 6TE
- Status
- Active
- Employee Count
- 206
- Turnover
- £76,005,000
- EBITDA
- £34,218,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 March 2012
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- East Midlands
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 15 | 97% | 2% | 1% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 18 | 97% | 2% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 16 | 97% | 2% | 1% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 18 | 93% | 5% | 2% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 16 | 91% | 8% | 1% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 12 | 98% | 1% | 1% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 10 | 99% | 1% | 0% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 14 | 97% | 3% | 0% | 3% |
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
The Bank’s standard supplier payment terms are to pay supplier invoices within 30 days of having received the invoice (or from application for payment) whichever is the later, assuming the goods or services have been delivered in accordance with the purchase order. However, we work with our suppliers to reach payment terms that work for both them and the Bank. Cambridge & Counties makes one payment run per week.
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
Where the Bank raises a dispute in respect of an invoice, the Bank’s policy is to notify the supplier of the nature of the dispute in writing within 30 days of receipt of the invoice. Invoices are held for payment until any dispute is resolved. Disputes are handled and resolved via Departmental Heads and/or Accounts Payable (Accounts@ccbank.co.uk), who have direct engagement with Suppliers, whose contact details are readily available to all suppliers. Once a disputed invoice has been resolved, payment is made within 30 days of dispute resolution
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
CAMBRIDGE & COUNTIES BANK LIMITED is a UK-based bank that offers a range of financial products and services to its customers. The bank was founded in 2012 and is headquartered in Cambridge.
The bank's sustainability program aims to reduce its environmental impact and promote sustainable practices in its operations. This includes using renewable energy sources, reducing paper waste, and promoting responsible lending practices.
CAMBRIDGE & COUNTIES BANK LIMITED offers a variety of products and services, including personal and business banking, savings and investments, mortgages, and loans. They also provide specialist lending for healthcare practices and professional services.
Some of the key people at the bank include Mike Kirsopp, the CEO, who has over 30 years of experience in the financial services industry, and Neil Redcliffe, the Chairman, who has extensive experience in the banking sector.
Customers can contact the bank through their website, which also provides information on their products and services. The registered office address is 1 Allia Future Business Centre, Kings Hedges Road, Cambridge, CB4 2HY.
In summary, CAMBRIDGE & COUNTIES BANK LIMITED is a sustainable bank that offers a range of financial products and services to its customers. With experienced leaders at the helm, the bank strives to make a positive impact on the environment while providing excellent banking services to its customers.
