The data for HSBC INVOICE FINANCE (UK) LIMITED shows a consistent trend of increasing average time to pay invoices over the past three periods. The company's average time to pay has increased from an average of 30 days in the first period (2021-01-01 to 2021-06-30) to 45 days in the most recent period (2023-07-01 to 2023-12-31).
The data for HSBC INVOICE FINANCE (UK) LIMITED also shows a consistent volatility in the percentage of invoices paid within 30 days. In the first period, the company paid 90% of invoices within 30 days, but this dropped to 70% in the second period before increasing again to 80% in the most recent period. This indicates a potential issue with consistency in the company's payment processes.
| 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 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 |
HSBC INVOICE FINANCE UK LIMITED is an active private limited company, incorporated on 2 May 1963, based in the West Midlands region. Registered business activity: Factoring.
From Companies House records.