CITIBANK UK LIMITED
Company Information
- Company Number
- 11283101
- Registered Address
- Citigroup Centre Canada Square, Canary Wharf, London, E14 5LB
- Status
- Active
- Employee Count
- 0
- Turnover
- £146,625,000
- EBITDA
- £28,621,000
Additional Details
- Website
- https://citigold.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 March 2018
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 | 05 Aug 2025 | 73 | 59% | 28% | 13% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 33 | 71% | 22% | 7% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 27 | 77% | 17% | 5% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 26 | 78% | 18% | 4% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 27 | 77% | 18% | 5% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 13 Jan 2022 | 35 | 58% | 33% | 9% | 14% |
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
60 calendar days
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
Suppliers address their questions or requests to their Citi Business contacts and the Business unit informs the SCO Payables Customer Service team asking for advice or resolution. Suppliers do have the opportunity to directly engage with the Customer Service team, in this case the team involves the related Citi Business to ensure full transparency.
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
CITIBANK UK LIMITED is a leading financial institution that offers a wide range of products and services to its customers
It is a subsidiary of Citigroup, one of the largest banking and financial services companies in the world.\n\nThe bank offers various banking services, including personal and business banking, wealth management, and investment services
It also provides a range of credit and debit cards, loans, mortgages, and insurance products.\n\nCITIBANK UK LIMITED has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact
It has set ambitious targets to reduce its carbon footprint, increase the use of renewable energy sources, and promote sustainable practices within the organization
The bank also offers sustainable investment options to its customers, helping them to make responsible financial decisions.\n\nThe bank is led by a team of experienced professionals, including CEO, James Bardrick, who has been with the company for over 30 years
The bank's registered office address is 25 Canada Square, Canary Wharf, London E14 5LB.\n\nCITIBANK UK LIMITED's website (www.citibank.co.uk) provides information about its products and services, as well as its sustainability efforts
Customers can also contact the bank through its customer service hotline or by visiting one of its branches located across the UK
