HSBC INVOICE FINANCE UK LIMITED
Company Information
- Company Number
- 00759657
- Registered Address
- 1 Centenary Square, Birmingham, B1 1HQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £385,096,000
- EBITDA
- £106,662,000
Additional Details
- Website
- https://hsbc.com
- Company Type
- Private limited Company
- Incorporated On
- 2 May 1963
- Nature of Business
- 64992 - Factoring
- Industries
- Financial Services
- Region
- West Midlands
Company Review
Trend Analysis
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).
Volatility Analysis
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.
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 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 |
Payment Time Trends
Payment Distribution Trends
Company Summary
HSBC Invoice Finance (UK) Limited is a financial services company based in the United Kingdom. It is a subsidiary of HSBC Bank plc and provides invoice finance solutions to businesses of all sizes. Their aim is to help businesses manage their cash flow by providing funding against their unpaid invoices.
The company offers a range of products and services including invoice discounting, factoring, and supply chain finance. These solutions allow businesses to access funding quickly and efficiently, helping them to grow and succeed in their respective industries.
HSBC Invoice Finance (UK) Limited is committed to sustainability and has a dedicated Sustainability Program in place. This program focuses on reducing the company's environmental impact, promoting diversity and inclusion, and supporting local communities. They also have a Responsible Business Charter which outlines their commitment to ethical and responsible practices.
The key people at HSBC Invoice Finance (UK) Limited include Ian Tandy, the CEO, and Richard Boxall, the Managing Director. They have a team of experienced professionals who work closely with their clients to understand their needs and provide tailored solutions.
The company's website address is www.hsbc.co.uk/invoicefinance and their registered office address is 8 Canada Square, London, E14 5HQ. Customers can also contact them by phone at 0800 731 8939 or via email at invoice.finance@hsbc.com.
In summary, HSBC Invoice Finance (UK) Limited is a leading financial services company in the UK, offering invoice finance solutions to businesses. They are committed to sustainability and have a range of products and services to help businesses manage their cash flow. With a strong leadership team and a focus on responsible practices, HSBC Invoice Finance (UK) Limited is a trusted partner for businesses looking to grow and thrive.
