HSBC OVERSEAS HOLDINGS UK LIMITED
Company Information
- Company Number
- 01656361
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £49,000,000
- EBITDA
- £3,991,000,000
Additional Details
- Website
- https://hsbc.com
- Company Type
- Private limited Company
- Incorporated On
- 4 August 1982
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
Based on the data provided, there is a clear trend of decreasing average time to pay invoices for HSBC OVERSEAS HOLDINGS (UK) LIMITED over the past three periods. In 2018, the average time to pay was not available. However, in 2019, the average time to pay was 36.7 days, which decreased to 32.8 days in 2020.
Volatility Analysis
Volatile changes can be seen in the percentage of invoices paid within 30 days and between 31 and 60 days. In 2019, the percentage of invoices paid within 30 days was 53.8%, which increased to 71.5% in 2020. However, the percentage of invoices paid between 31 and 60 days decreased from 38.2% in 2019 to 21.3% in 2020. This shows that HSBC OVERSEAS HOLDINGS (UK) LIMITED has improved their promptness in paying invoices within the past three periods.
Summary Analysis
From 2019 to 2020, HSBC OVERSEAS HOLDINGS (UK) LIMITED has shown significant improvement in their payment process. The average time to pay has decreased by 3.9 days, and the percentage of invoices paid within 30 days has increased by 17.7%. This shows that the company has made efforts towards paying invoices earlier. However, there has been a decrease in the percentage of invoices paid between 31 and 60 days, which could be a result of prioritizing prompt payment within 30 days.
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 | 27 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 31 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 OVERSEAS HOLDINGS (UK) LIMITED is a subsidiary of HSBC Holdings plc, one of the largest banking and financial services organizations in the world. Based in London, UK, HSBC Overseas Holdings (UK) Limited provides a range of banking and financial services to customers in the UK and overseas.
As part of their sustainability program, HSBC Overseas Holdings (UK) Limited is committed to reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives, such as reducing their carbon footprint, promoting renewable energy, and supporting conservation and biodiversity projects.
The company offers a wide range of products and services, including personal and business banking, investment and wealth management, insurance, and global markets. They also provide a range of digital banking solutions to make banking easier and more convenient for their customers.
The key people at HSBC Overseas Holdings (UK) Limited include Marc Moses, the Chief Financial Officer, and Peter Wong, the Deputy Chairman and Chief Executive of HSBC Asia Pacific. They are supported by a team of experienced executives and professionals who are dedicated to providing high-quality services to their customers.
For more information on their products and services, customers can visit their website at www.hsbc.co.uk. Their registered office address is 8 Canada Square, London E14 5HQ, United Kingdom. Customers can also contact them through their customer service hotline at 03457 404 404. HSBC Overseas Holdings (UK) Limited is committed to providing excellent customer service and promoting sustainable practices to support the well-being of their customers and the environment.
