UK GREEN INVESTMENT BANK LIMITED
Company Information
- Company Number
- SC424067
- Registered Address
- The Auction Rooms, 22 Queen Street, Edinburgh, United Kingdom, EH2 1JX
- Status
- Active
- Employee Count
- 1
- Turnover
- £112,000
- EBITDA
- -£797,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 15 May 2012
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time of 37 days indicates that while a slight majority (57%) of payments are made within 30 days, a significant portion extends beyond standard terms. With 47% of payments being late, there's a consistent pattern of extended payment cycles, suggesting suppliers should anticipate payments frequently taking over a month. This trajectory points to a regular deviation from prompt payment, impacting cash flow predictability.
Volatility Analysis
The high percentage of late payments (47%) and the fact that 15% of payments extend beyond 60 days signify considerable unpredictability in payment receipt. This inconsistent performance creates a significant risk of unreliable cash flow for suppliers. The spread of payments across 31-60 days (28%) and over 60 days highlights a lack of consistent adherence to prompt payment, making accurate financial forecasting challenging.
Summary Analysis
Suppliers should approach engagements with UK GREEN INVESTMENT BANK LIMITED with caution due to the high probability of payment delays and extended terms. Key decision factors must include the potential strain on working capital and the necessity for robust credit management given the average 37-day payment time and high lateness rate. To mitigate risk, suppliers should consider negotiating shorter payment terms, requesting upfront deposits, or implementing strict credit limits and proactive invoice follow-up.
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 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 44 | 51% | 24% | 25% | 53% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 37 | 57% | 28% | 15% | 47% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 50 | 51% | 24% | 25% | 52% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 53 | 42% | 28% | 30% | 57% |
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 from receipt of a valid invoice. In some circumstances Macquarie may agree to an alternative payment terms with a supplier based on a specific project, transaction, series of transactions or criticality.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Intercompany charges relating to the provision of back office services are settled immediately via intercompany funding hubs. As such, data relating to these charges has been excluded so as to accurately represent Macquarie’s payment practices.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers may raise queries directly with their Macquarie business contact or alternatively with the dedicated procurement support team referred to on Macquarie’s Supplier Portal – https://www.macquarie.com/uk/about/company/suppliers
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.
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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.
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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.
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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?
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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
UK GREEN INVESTMENT BANK LIMITED is an active private limited company operating within the financial sector in the United Kingdom. Its name indicates a specialisation in investment banking, with a particular focus on green and environmentally conscious projects.
Incorporated on 15 May 2012, the company is registered under company number SC424067. Its registered office is located at The Auction Rooms, 22 Queen Street, Edinburgh, United Kingdom, EH2 1JX, reflecting its operational base in Scotland.
As an investment bank, particularly one focused on green initiatives, this type of company typically provides capital for environmentally sustainable projects across the UK. Common services include project finance, debt and equity investments, and offering financial advisory services to organisations seeking to develop green infrastructure or technologies.
