BARCLAYS BANK UK PLC

PaymentCheck Score 2025
80Good
2.0vs last year
#1747 in UK
#248 in Financial Services
#751 in London

Company Information

Company Number
09740322
Registered Address
1 Churchill Place, London, England, E14 5HP
Status
Active
Employee Count
0
Turnover
£9,000,000
EBITDA
£3,000,000

Additional Details

Company Type
Public limited Company
Incorporated On
19 August 2015
Nature of Business
64191 - Banks
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
25 days
Shortest Period:45 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
64%
31-60 Days
35%
After 60 Days
1%
Not Paid Within Terms2%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20252561%38%1%3%
01 Jul 2024 - 31 Dec 202429 Jan 20252564%35%1%2%
01 Jan 2024 - 30 Jun 202430 Jul 20242466%33%1%2%
01 Jul 2023 - 31 Dec 202324 Jan 20242271%28%1%2%
01 Jul 2022 - 31 Dec 202226 Jan 20232163%36%1%5%
01 Jan 2022 - 30 Jun 202229 Jul 20222164%35%1%8%
01 Jan 2021 - 30 Jun 202128 Jul 20212070%29%1%11%
01 Jan 2020 - 30 Jun 202030 Jul 20201489%10%1%13%

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

45 days from invoice receipt

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

60

Dispute Resolution Process

In the first instance disputes are to be taken up with the Barclays business contact stated on the PO. For general PO or payment queries e-mails should be sent to Procurementopssupport@barclays.com

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

Barclays Bank UK PLC is one of the leading banks in the United Kingdom, offering a wide range of financial products and services to its customers. The bank is committed to sustainability and has implemented various initiatives to promote environmental and social responsibility.

The sustainability program at Barclays focuses on reducing carbon emissions, promoting diversity and inclusion, and supporting local communities. The bank has set ambitious targets to become a net-zero carbon organization by 2050 and has pledged to invest in renewable energy projects. It also supports small businesses and entrepreneurs through its Green Loans and Green Bond offerings.

Barclays offers a variety of products and services, including personal and business banking, credit cards, loans, mortgages, and wealth management. Its digital banking platform, Barclays Mobile Banking, allows customers to manage their accounts and make transactions conveniently.

The key people at Barclays Bank UK PLC include Nigel Higgins as the Chairman and Jes Staley as the Group CEO. The bank has a team of experienced and dedicated professionals who are committed to providing excellent customer service and driving the bank's sustainability efforts.

For more information and to access their services, customers can visit the Barclays Bank UK PLC website at www.barclays.co.uk. The registered office address is 1 Churchill Place, London E14 5HP, United Kingdom. Customers can also contact the bank through their customer service hotline at 0345 734 5345. Overall, Barclays Bank UK PLC is a reputable and sustainable bank that strives to meet the financial needs of its customers while making a positive impact on society and the environment.

Financial Metrics

Cash
£59,402,000,000
Net Worth
£11,885,000,000
Total Current Assets
£306,353,000,000
Total Current Liabilities
£296,428,000,000

Company Location