HSBC BANK PLC

PaymentCheck Score 2025
98Excellent
#254 in UK
#52 in Financial Services
#114 in London

Company Information

Company Number
00014259
Registered Address
8 Canada Square, London, E14 5HQ
Status
Active
Employee Count
15
Turnover
£0
EBITDA
-£5,000,000

Additional Details

Company Type
Public limited Company
Incorporated On
1 July 1880
Nature of Business
64191 - Banks
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
12 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:42 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20251496%3%1%4%
01 Jan 2023 - 30 Jun 202326 Jul 20231594%4%2%6%
01 Jan 2022 - 30 Jun 202228 Jul 20221792%6%2%7%
01 Jan 2021 - 30 Jun 202129 Jul 20212586%10%4%16%
01 Jul 2020 - 31 Dec 202018 Jan 20212292%6%2%8%
01 Jan 2020 - 30 Jun 202030 Jul 20202685%11%4%13%
01 Jul 2019 - 31 Dec 201929 Jan 20202888%9%3%12%
01 Jan 2019 - 30 Jun 201930 Jul 20192888%9%3%14%
01 Jul 2018 - 31 Dec 201828 Jan 20193187%10%3%13%
01 Jan 2018 - 30 Jun 201825 Jul 20183183%12%5%25%

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

Standard terms are 30 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

42

Dispute Resolution Process

Suppliers are asked to place their issue in writing to their HSBC main contact point. Business contact and Accounts Payable work with the supplier to resolve payment issue/dispute in accordance with internal investigation and escalation procedures.

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

HSBC BANK PLC is a multinational banking and financial services company headquartered in London, United Kingdom. It is one of the largest banking and financial services organizations in the world, with operations in over 65 countries and territories.

The bank offers a wide range of products and services including personal and business banking, wealth management, investment banking, and global banking and markets. It also provides specialized services such as Islamic banking, commercial real estate financing, and trade finance.

HSBC is committed to sustainability and has implemented various initiatives to reduce its environmental impact and support sustainable development. This includes reducing carbon emissions, promoting sustainable financing, and investing in renewable energy projects. The bank has also set targets to increase its financing for low-carbon and sustainable projects.

The key people at HSBC BANK PLC include Noel Quinn as the Group Chief Executive, Ewen Stevenson as the Group Chief Financial Officer, and Mark Tucker as the Group Chairman.

The bank can be contacted through their website, www.hsbc.com, or through their registered office address at 8 Canada Square, London E14 5HQ, United Kingdom. HSBC BANK PLC is registered with the Financial Conduct Authority and the Prudential Regulation Authority.

Financial Metrics

Cash
£131,433,000,000
Net Worth
£22,708,000,000
Total Current Assets
£659,567,000,000
Total Current Liabilities
£692,899,000,000

Company Location