HSBC HOLDINGS PLC
Company Information
- Company Number
- 00617987
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 227,552
- Turnover
- £49,145,000,000
- EBITDA
- £23,973,000,000
Additional Details
- Website
- https://about.hsbc.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 1 January 1959
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Financial Services,Professional Services,Property,Infrastructure And Construction
- Region
- London
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 17 | 94% | 4% | 2% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 13 | 96% | 3% | 1% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 12 | 94% | 5% | 1% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 15 | 90% | 7% | 3% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 19 | 90% | 7% | 3% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 22 | 82% | 11% | 7% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 22 | 89% | 6% | 5% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 40 | 76% | 9% | 15% | 69% |
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 HOLDINGS PLC is a British multinational banking and financial services company. It was established in 1865 and is headquartered in London, United Kingdom.
The company provides a wide range of banking and financial services, including personal and commercial banking, wealth management, and investment banking. It operates in more than 60 countries and serves over 40 million customers worldwide.
HSBC is committed to sustainability and has implemented a sustainability program that aims to reduce its environmental impact and support sustainable economic growth. The company has set targets to reduce its carbon footprint, increase the use of renewable energy, and promote sustainable financing.
One of HSBC's key products is its current account, which offers customers a range of features such as online banking, mobile banking, and cashback rewards. It also offers a variety of credit cards, loans, and insurance products to meet the financial needs of its customers.
The key people at HSBC include Noel Quinn, Group Chief Executive, and Ewen Stevenson, Group Chief Financial Officer. The company has a team of over 235,000 employees globally.
For more information on HSBC's products and services, customers can visit their website at www.hsbc.com. The registered office address of HSBC HOLDINGS PLC is 8 Canada Square, London E14 5HQ, United Kingdom.
