Their own payment-practices filing · gov.uk

Ulster Bank, Limited paid suppliers in 12 days on average — inside its shortest stated term

CRN R0000733 · Financial services · 8 statutory reports on record · period to 31 Dec 2021

Dated record. The latest report covers a period ending 31 Dec 2021 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

12daysavg time to pay · H2 2021

Their H2 2021 filing put the average 18 days inside the shortest term they state (30 days).

Their stated terms: 30–60 days
Paid outside agreed terms: 11% of invoices
Paid after 61+ days: 0%
Reporting period: 1 Jul 2021 – 31 Dec 2021
Source: their gov.uk filing, filed 21 Jan 2022

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H2 2021 filing

Paid 18 days inside the 30-day term they state

PAIDLATE · terms vs the clockdays to pay · 0–65

avg 12d

0 days65 days

reported avg 12 days their filed terms 30–60 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 89% 31–60 days 11% 61+ days 0%

Source: their statutory Payment Practices Report #52815, period 1 Jul 2021 – 31 Dec 2021, filed 21 Jan 2022 · gov.uk payment-practices service

Ulster Bank, Limited paid 18 days inside the shortest term it states. 11% of invoices still went outside agreed terms; 0% reached 61 days or more. Self-reported in their statutory H2 2021 filing.

The pattern · last 6 of 8 reports

6 → 12 days — slower across the window

PAIDLATE · the patternavg days per report

Last 6 of 8 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

6 days slower across the window. From 6 days in H1 2019 to 12 in the H2 2021 filing; the dashed line marks the 30-day term they state.

The read · computed from their figures

Ulster Bank, Limited's H2 2021 filing put their average at 12 days against stated terms of 30–60 days; 11% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 21 Jan 2022.

The direction is slower: from 6 days in H1 2019 to 12 now — 6 days slower across their last 6 reports.

That is 8 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Payment code: Prompt Payment Code 2009 Offers e-invoicing

In their own words · from the filing

Standard payment terms

30 DAYS

Dispute resolution

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 information

“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.”

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2021	12	11%	0%	21 Jan 2022
H1 2021	7	2%	1%	29 Jul 2021
H2 2020	6	1%	1%	29 Jan 2021
H1 2020	7	1%	0%	28 Jul 2020
H2 2019	7	0%	0%	30 Jan 2020
H1 2019	6	1%	1%	29 Jul 2019
H2 2018	7	1%	1%	31 Jan 2019
H1 2018	7	1%	1%	30 Jul 2018

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 1 Oct 1867
Registered office: 11-16 DONEGALL SQUARE EAST, BT1 5UB

3 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Quick answers · Ulster Bank, Limited

Are they getting slower or faster?

Their reported average has moved about 6 days slower over the window (6 → 12 days).

What's their typical pay point?

Their latest filed report put the average at day 12; across their last 6 reports it ranged 6–12 days. Treat that as a historical reference point, not a promise for a new invoice.

Can I see what this means for my invoices?

Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Ulster Bank, Limited (free)

They haven’t filed a payment report since 21 Jan 2022. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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How UK payment reporting works

What is a Payment Practices Report?

UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.

What does "paid outside agreed terms" mean?

The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.

How often is this data updated?

Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.

Is this official government data?

The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-R0000733 · latest period to 31 Dec 2021

Verify the original Companies House file

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