ZOPA BANK LIMITED
Company Information
- Company Number
- 10627575
- Registered Address
- Level 12 20 Water Street, Canary Wharf, London, United Kingdom, E14 5GX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 February 2017
- Nature of Business
- 64191 - Banks
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
ZOPA BANK LIMITED consistently demonstrates a strong trend of prompt payments, with an impressive average payment time of 22 days. A significant 89% of invoices are settled within 30 days, indicating a highly efficient and reliable payment trajectory. This data suggests a consistent pattern of timely disbursements for the vast majority of transactions.
Volatility Analysis
While generally prompt, 10% of payments fall into the 31-60 day range, and a small 1% exceed 60 days, introducing a minor degree of unpredictability for a small subset of invoices. The reported 13% late payment rate, though not excessively high, indicates a slight inherent risk of delayed settlement that suppliers should acknowledge. Overall, payment reliability is high, but not without a very small margin for occasional variance.
Summary Analysis
ZOPA BANK LIMITED presents a very low payment risk profile for suppliers, with strong indicators for timely settlements. Suppliers can proceed with high confidence, as the company is likely to be a reliable partner regarding payment schedules. For the small percentage of potentially delayed payments, suppliers should maintain clear payment terms and monitor outstanding invoices proactively.
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 | 22 Jul 2025 | 22 | 89% | 10% | 1% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 17 | 91% | 7% | 2% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 23 | 94% | 5% | 1% | 9% |
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
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
60
Dispute Resolution Process
In the event of a payment dispute or invoice query, the supplier is requested to contact the Accounts Payable (AP) team by email. The AP team will aim to deal promptly with the issue in accordance with the terms of their contract.
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.
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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.
❌
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
ZOPA BANK LIMITED operates as a private limited company engaged in banking services. The company's name and structure confirm its focus within the regulated financial services sector.
Incorporated on 20 February 2017, ZOPA BANK LIMITED is an active private limited company with company number 10627575. Its registered office is situated at Level 12 20 Water Street, Canary Wharf, London, United Kingdom, E14 5GX.
As a UK bank, it typically provides a range of financial products and services. These commonly include savings accounts, personal loans, and credit cards for customers in the UK market.
