BRITISH BUSINESS BANK PLC
Company Information
- Company Number
- 08616013
- Registered Address
- Steel City House, West Street, Sheffield, S1 2GQ
- Status
- Active
- Employee Count
- 609
- Turnover
- -£1,614,000
- EBITDA
- -£129,302,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 18 July 2013
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 26 | 81% | 15% | 4% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 26 | 86% | 9% | 5% | 14% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 28 | 80% | 11% | 9% | 22% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Nov 2023 | 28 | 79% | 14% | 7% | 21% |
| 01 Apr 2023 - 30 Sept 2023 | 22 Nov 2023 | 28 | 79% | 14% | 7% | 21% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 10 | 96% | 3% | 1% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 16 | 90% | 8% | 2% | 10% |
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
30 days from receipt of valid invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
In first instance disputes are to be taken up with the BBB contact as per PO.
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
British Business Bank PLC is a government-owned business development bank that aims to support small and medium-sized enterprises (SMEs) in the United Kingdom. The bank was founded in 2014 and is headquartered in London.
The bank's main activities include providing finance and investment to SMEs, supporting the development of new and innovative financial products, and working with other financial institutions to increase the availability of finance for SMEs.
In terms of sustainability, British Business Bank PLC has a dedicated program called "Sustainable Finance" which focuses on promoting sustainable and responsible business practices. This includes providing finance and support to SMEs that are working towards environmentally and socially responsible goals.
The bank offers a range of products and services to support SMEs, such as loans, equity investments, and guarantees. These products are designed to help businesses access the finance they need to start, grow, and scale up.
The key people at British Business Bank PLC include its CEO, Catherine Lewis La Torre, and its Chair, Lord Smith of Kelvin. The bank also has a team of experienced professionals who work closely with SMEs and financial institutions to deliver its services.
For more information on British Business Bank PLC and its services, individuals can visit their website at www.british-business-bank.co.uk. The registered office address for the bank is Steel City House, West Street, Sheffield, S1 2GQ, United Kingdom.
