ULSTER BANK, LIMITED
Company Information
- Company Number
- R0000733
- Registered Address
- 11-16 Donegall Square East, Belfast, BT1 5UB
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 October 1867
- Nature of Business
- 66190 - Activities auxiliary to financial intermediation not elsewhere classified
- Industries
- Financial Services
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 21 Jan 2022 | 12 | 89% | 11% | 0% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 7 | 98% | 1% | 1% | 2% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 7 | 99% | 1% | 0% | 1% |
| 01 Jan 2019 - 28 Jun 2019 | 29 Jul 2019 | 6 | 99% | 1% | 1% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 7 | 99% | 1% | 1% | 1% |
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
“The legal entity of Ulster Bank Limited has been transferred to the legal entity of National Westminster Bank Plc (NWPLC UK) under the Banking Business Transfer Scheme. From the next cycle of reporting, H1 2022, Ulster Bank Limited will not be reported as a separate legal entity and all performance will be included as part of National Westminster Bank Plc (NWPLC UK). Please find below the communication issued as part of this change if you require further information. https://www.ulsterbank.co.uk/globals/banking-business-transfer-scheme.html.”
Maximum contractual payment period agreed
60
Dispute Resolution Process
The business completes the Account Payables Dispute Process form, the business advice the supplier that the invoice will be returned unpaid to them. Once the dispute is resolved, they will be required to submit a new invoice.
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
ULSTER BANK, LIMITED is a leading commercial bank in the United Kingdom, providing a wide range of financial services to individuals, businesses, and corporations. The bank was founded in 1836 and is headquartered in Belfast, Northern Ireland.
Sustainability is a top priority for ULSTER BANK, LIMITED. The bank has implemented various initiatives to reduce its environmental impact and support sustainable practices. This includes using renewable energy sources in its operations, reducing paper usage, and promoting responsible lending practices.
The bank offers a variety of products and services, including personal and business banking, investment and insurance services, and online and mobile banking options. ULSTER BANK, LIMITED also has a strong focus on supporting local communities through its charitable giving programs and partnerships with various organizations.
The key people at ULSTER BANK, LIMITED include CEO Jane Howard, who has been with the company since 2018, and Chairman Richard Donnan, who has been with the bank since 2016. The bank has a team of experienced and dedicated employees who are committed to providing excellent customer service and promoting sustainability.
Customers can contact ULSTER BANK, LIMITED through its website, which offers online banking and customer support services. The registered office address for the bank is 11-16 Donegall Square East, Belfast, Northern Ireland, BT1 5UB.
In summary, ULSTER BANK, LIMITED is a reputable and sustainable bank in the UK, offering a wide range of financial services to its customers. The bank is committed to promoting sustainability and supporting local communities, making it a trusted and responsible choice for individuals and businesses alike.
