The data for Barclays Covered Bond Funding LLP shows a consistent trend of paying invoices within 30 days, with a slight decrease in the percentage of invoices paid within this timeframe in the most recent period. However, there has been a significant increase in the percentage of invoices paid between 31 and 60 days, as well as a decrease in the percentage of invoices paid later than 60 days. Overall, there is a clear trend of improving payment times for this company.
There is not a significant amount of volatility in the data for Barclays Covered Bond Funding LLP, as the percentages for each category remain relatively consistent throughout the different periods. The only notable change is the increase in the percentage of invoices paid between 31 and 60 days in the most recent period.
For the past three periods, Barclays Covered Bond Funding LLP has consistently paid invoices within 30 days, with an average time to pay of 0 days. The percentage of invoices paid within 30 days has slightly decreased in the most recent period, from 100% to 97.5%. There has also been a significant increase in the percentage of invoices paid between 31 and 60 days, from 0% to 2.5%. However, the percentage of invoices paid later than 60 days has decreased from 0% to 0.5%. Overall, there is a trend of improving payment times for this company.
| 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 2019 - 31 Dec 2019 | 27 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 |
Barclays Covered Bond Funding LLP was a limited liability partnership incorporated on 29 September 2009 and dissolved on 13 August 2022. Its designated members included Barclays Bank UK PLC, Barclays Bank PLC and Canton III Limited, and persons with significant control included Barclays Bank UK PLC and Canton III Limited. The name and ownership structure indicate it operated as a funding vehicle connected to Barclays Bank's covered bond programme, a financing arrangement used by banks to raise secured funding. No trading address, products or services beyond this funding role are recorded, and the entity is no longer active following its dissolution.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk