SANTANDER UK GROUP HOLDINGS PLC
Company Information
- Company Number
- 08700698
- Registered Address
- 2 Triton Square, Regents Place, London, NW1 3AN
- Status
- Active
- Employee Count
- 19,419
- Turnover
- £4,683,000,000
- EBITDA
- £1,642,000,000
Additional Details
- Website
- https://santander.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 23 September 2013
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services
- Region
- London
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 Jul 2021 - 31 Dec 2021 | 09 Feb 2022 | 11 | 95% | 3% | 2% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 19 | 83% | 11% | 5% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 13 | 93% | 4% | 3% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 17 | 86% | 10% | 4% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 29 | 77% | 15% | 9% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 28 | 83% | 9% | 7% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 35 | 80% | 11% | 8% | 20% |
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
Santander UK Group Holdings payment terms are 30 days. There are no contracts for which there are longer payment terms and there have been no changes to this arrangement in the period. There are a small number of suppliers with Santander UK for which we have 14 days payment terms, these were agreed as part of specific contract negotiations.
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
If a supplier has a dispute regarding payment, there is an established escalation and investigation process in place. Should the supplier remain unhappy at the outcome of the initial escalation and investigation, they can refer the matter to an independent body. Information regarding this process is included in the standard contract terms.
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.
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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.
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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.
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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
SANTANDER UK GROUP HOLDINGS PLC is a leading UK-based financial services company, providing a wide range of products and services to its customers. The company is committed to sustainability and has a strong focus on promoting responsible business practices.
Their sustainability program includes initiatives to reduce their carbon footprint, support renewable energy projects, and promote diversity and inclusion within the organization. They also have a responsible lending policy, ensuring that their loans and credit products are provided responsibly and ethically.
SANTANDER UK GROUP HOLDINGS PLC offers a variety of products and services, including personal and business banking, mortgages, insurance, and investment options. They also have a range of digital banking services to make banking more convenient for their customers.
The company is headed by CEO Nathan Bostock, who leads a team of experienced and dedicated professionals. They are committed to providing excellent customer service and driving the company towards sustainable growth.
Contact information for SANTANDER UK GROUP HOLDINGS PLC can be found on their website, along with information on their products and services. Their registered office address is 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom.
In summary, SANTANDER UK GROUP HOLDINGS PLC is a reputable financial services company in the UK with a strong commitment to sustainability and responsible business practices. With a wide range of products and services, experienced leadership, and a focus on customer satisfaction, they continue to be a leading player in the UK financial services industry.
