ABBEY COVERED BONDS LLP
Company Details
Registration Number
OC312644
Registered Address
2 Triton Square Regent's Place London NW1 3AN
Company Status
Active
Employee Count
0
Turnover
£136,000,000
EBITDA
£141,000,000
Additional Information
Website
Add urlCompany Type
Limited liability partnership
Incorporated on
8 April 2005
Nature of Business (SIC)
Unknown
Industries
Loans, debt and grants
Region
LondonCompany Location
Financial Overview
£4,341,020,000
£345,844,000
Last Reporting Period
Filed
09 Feb 2022
Period
01 Jul 2021 - 31 Dec 2021
Payment Timing
Average Time to Pay
0 days
Payment Periods
Shortest
0 days
Longest
0 days
Max Contractual
0 days
Payment Timeline
Not Paid Within Terms
0%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 |
Company Summary
Abbey Covered Bonds LLP is a financial company that specializes in issuing covered bonds to investors
These bonds are backed by a pool of high-quality assets, providing investors with a secure and stable investment option
The company is committed to sustainability and has a comprehensive sustainability program in place
This includes measures to reduce their carbon footprint, promote responsible investing, and support local communities
They also have a strong focus on promoting diversity and inclusion within their organization
Their main product is covered bonds, which are considered a safe investment option due to the high-quality assets backing them
These bonds are issued in different currencies and maturities, providing investors with a variety of options to choose from
The key people at Abbey Covered Bonds LLP include the management team led by the CEO, who has extensive experience in the financial industry
The company also has a team of experts in the fields of risk management, compliance, and sustainability
For more information on their products and services, interested parties can visit their website at www.abbeycoveredbonds.com
The registered office address for Abbey Covered Bonds LLP is 1 Godwin Street, Bradford, West Yorkshire, BD1 2SU, United Kingdom
Company Review
Trend Analysis
The data shows a consistent trend of ABBEY COVERED BONDS LLP taking longer to pay invoices to suppliers over the past three periods. The average time to pay has increased each period, with the biggest jump of 5.4% between the first and second periods.
Volatility Analysis
The data shows a slight volatility in the percentage of invoices paid within 30 days, with a decrease of 1.7% between the first and second periods, followed by an increase of 1.6% in the third period. The percentage of invoices paid between 31 and 60 days shows a consistent decrease, while the percentage of invoices paid later than 60 days shows a consistent increase.
Summary Analysis
From the data, it can be seen that ABBEY COVERED BONDS LLP has consistently been taking longer to pay invoices to suppliers over the past three periods. The average time to pay has increased from 2018 to 2021, with the biggest increase of 5.4% between the first and second periods. The percentage of invoices paid within 30 days has also slightly decreased, while the percentage of invoices paid later than 60 days has consistently increased.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Not specified
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
Not specified
Dispute Resolution Process
Not specified
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?
❌
