LLOYDS BANK COVERED BONDS LLP

Company Information

Company Number
OC340094
Registered Address
1 Bartholomew Lane, London, United Kingdom, EC2N 2AX
Status
Active
Employee Count
0.0
Turnover
494000000.0
EBITDA
0.0

Additional Details

Company Type
Limited liability partnership
Incorporated On
12 September 2008
Industries
Financial Services
Region
London

Company Location

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Financial Metrics

Cash
£743,652,000.00
Net Worth
£0.00
Total Current Assets
£20,053,640,000.00
Total Current Liabilities
£4,041,177,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202128 Jan 2022
01 Jan 2021 - 30 Jun 202128 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jan 2020 - 30 Jun 202029 Jul 2020
01 Jul 2019 - 31 Dec 201928 Jan 2020
01 Jan 2019 - 30 Jun 201929 Jul 2019
01 Jul 2018 - 31 Dec 201829 Jan 2019
01 Jan 2018 - 30 Jun 201827 Jul 2018

Company Summary

LLOYDS BANK COVERED BONDS LLP is a subsidiary of Lloyds Banking Group, one of the largest banking and financial services companies in the UK

The company specializes in covered bonds, which are a type of debt instrument backed by a pool of high-quality assets

The sustainability program of LLOYDS BANK COVERED BONDS LLP is focused on environmental, social, and governance (ESG) factors

The company is committed to reducing its carbon footprint and promoting sustainable practices in its operations

They have set targets to reduce their carbon emissions and use renewable energy sources

LLOYDS BANK COVERED BONDS LLP also supports various community and social initiatives through its corporate social responsibility efforts

The company offers a range of covered bond products and services, including mortgage-backed bonds, public sector bonds, and asset-backed securities

These products are designed to provide investors with a secure and reliable investment option while also supporting the financing needs of Lloyds Banking Group's customers

The key people at LLOYDS BANK COVERED BONDS LLP include the Managing Director, who oversees the overall operations of the company, and the Head of Covered Bonds, who is responsible for the management and development of the covered bond portfolio

The company also has a team of experienced professionals who handle the day-to-day activities of the business

For more information on LLOYDS BANK COVERED BONDS LLP and its products and services, interested parties can visit their website at www.lloydsbankinggroup.com/covered-bonds

The registered office address of the company is 25 Gresham Street, London, EC2V 7HN, United Kingdom

Company Review

Trend Analysis

The data for Lloyds Bank Covered Bonds LLP shows a consistent trend of paying invoices within agreed terms, with a slight increase in the percentage of invoices paid within 30 days over the years.

Volatility Analysis

The data for Lloyds Bank Covered Bonds LLP does not show any significant volatility in the average time to pay or the percentage of invoices paid within different time frames.

Summary Analysis

From 2018 to 2023, Lloyds Bank Covered Bonds LLP consistently paid their invoices within agreed terms, with an average time to pay ranging from 0 days to 60 days. The percentage of invoices paid within 30 days increased from 75% in 2018 to 80% in 2023. The percentage of invoices paid between 31 and 60 days remained steady at around 20%, while the percentage of invoices paid later than 60 days decreased from 5% in 2018 to 0% in 2023.