The data for HBOS INVESTMENT FUND MANAGERS LIMITED shows a consistent trend of decreasing time taken to pay invoices to suppliers over the past three periods. From 2018 to 2021, there has been a steady decrease in the average time to pay, with a significant drop from 2021 to 2022. This trend suggests a focus on improving payment processes and potentially strengthening supplier relationships.
The data also shows a decreasing trend in the percentage of invoices paid later than 60 days. This indicates a reduction in payment delays and potential improvement in cash flow management. However, there is some volatility in the percentage of invoices paid within 30 days and between 31 and 60 days, with fluctuations between periods. This could indicate changes in payment policies or external factors affecting the company's ability to pay on time.
| 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 | 30 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
HBOS Investment Fund Managers Limited is registered in Halifax, West Yorkshire, and its stated business activity is financial intermediation, specifically wealth, asset and investment fund management. The company sits within the wider Halifax and Lloyds Banking Group structure, with the Halifax brand itself now transitioning to operate under the Lloyds name. While the supplied web evidence largely describes Halifax's retail banking services such as current accounts, savings, loans and cards, the entity's own registered function is that of a fund manager operating as part of this banking group rather than a direct retail banking provider. No further detail on specific funds managed or assets under management is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: halifax.co.uk