HSBC ASSET FINANCE UK LIMITED
Company Information
- Company Number
- 00229341
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £7,706,000
- EBITDA
- £7,598,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1928
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
The data shows that HSBC ASSET FINANCE (UK) LIMITED has consistently paid invoices within the agreed terms over the past three years. There has been a slight decrease in the percentage of invoices paid within 30 days, but this has been offset by an increase in the percentage of invoices paid between 31 and 60 days. Overall, there is no significant trend in the average time taken to pay invoices.
Volatility Analysis
The data also shows that there is low volatility in the payment performance of HSBC ASSET FINANCE (UK) LIMITED. The percentages of invoices paid within 30 days and between 31 and 60 days have remained relatively stable, with only minor fluctuations. The percentage of invoices paid later than 60 days has also remained consistently low.
Summary Analysis
For the period between Jan 2018 to June 2020, HSBC ASSET FINANCE (UK) LIMITED has maintained a good payment performance, with an average time to pay within the agreed terms. However, there has been a slight decrease in the percentage of invoices paid within 30 days compared to the previous period (July 2019 to Dec 2019). This could be due to various factors such as changes in the company's financial situation or changes in the supplier's payment terms. There has also been a slight increase in the percentage of invoices paid between 31 and 60 days, but this is still within a reasonable range. The company's performance in paying invoices later than 60 days has consistently been low, indicating a good cash flow management.
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 2020 - 31 Dec 2020 | 18 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
HSBC Asset Finance (UK) Limited is a subsidiary of the global banking and financial services company HSBC. They provide a range of financial products and services to businesses in the UK, with a focus on sustainability and responsible lending.
Their sustainability program is centered around their commitment to reducing their environmental impact and supporting sustainable development. They have set ambitious targets to reduce their carbon emissions, increase renewable energy usage, and decrease waste and water consumption.
In terms of products and services, HSBC Asset Finance (UK) Limited offers a variety of financing options for businesses, including loans, leases, and asset-based lending. They also provide specialized financing for renewable energy projects, such as solar panels and wind farms.
The key people at HSBC Asset Finance (UK) Limited include their Managing Director, Head of Sustainability, and Head of Asset Finance. They work together to ensure the company's sustainability goals are met and to provide excellent service to their clients.
For more information, interested parties can visit HSBC Asset Finance (UK) Limited's website at www.hsbc.com/uk/asset-finance. Their registered office address is 8 Canada Square, London E14 5HQ, UK.
