HOWDEN EMPLOYEE BENEFITS & WELLBEING LIMITED demonstrates a strong central payment tendency, with 81% of invoices settled within 30 days and an average payment time of just 16 days. However, a notable 16% of payments fall within the 31-60 day band, suggesting a recurring secondary payment cycle that extends beyond standard terms for a meaningful portion of transactions. The 3% of payments exceeding 60 days represents a minor but present tail risk that suppliers should factor into cash flow planning.
The 24% late payment rate introduces a significant degree of unpredictability, as nearly one in four invoices is not settled on time despite the favourable average payment speed. This divergence between the 16-day average and the 24% late rate suggests that while the majority of payments are processed quickly, a consistent subset of invoices experiences delays, creating an uneven payment pattern. Suppliers with tight liquidity margins should treat this inconsistency as a moderate reliability risk rather than assuming the average payment speed is representative of all transactions.
Overall, HOWDEN EMPLOYEE BENEFITS & WELLBEING LIMITED presents a moderate-to-favourable payment profile, making it a broadly acceptable customer for most suppliers, though the 24% late payment rate warrants caution. Suppliers should consider building a payment buffer into cash flow forecasts and may benefit from issuing early payment reminders to reduce the likelihood of invoices falling into the late category. For higher-value contracts, negotiating clearly defined payment terms and including late payment penalties would provide an additional layer of financial protection.
| 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 Oct 2025 - 31 Mar 2026 | 05 May 2026 | 16 | 81% | 16% | 3% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms agreed with suppliers as part of contract negotiations. The most commonly used term is 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
30
If at any time a question or dispute arises between the company and its suppliers, the query is raised promptly with the supplier with the aim to resolve the issue quickly and effectively whilst maintaining a good working relationship.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Howden Employee Benefits & Wellbeing Limited is a private limited company operating within the employee benefits and workplace wellbeing sector. The company's name reflects its core focus on providing structured benefits and wellbeing solutions to employers and their workforces across the United Kingdom.
The company is registered in England and Wales under company number 02248238 and maintains its registered office at One Creechurch Place, London, EC3A 5AF. Incorporated on 26 April 1988, the business has operated for over three decades, establishing a long-standing presence in the London market and the broader UK employee benefits industry.
Companies operating in this sector typically provide a range of services designed to support employers in attracting and retaining talent through structured benefit programmes. These services commonly include the design and administration of group pension schemes, life assurance, private medical insurance, income protection, and employee assistance programmes. Workplace wellbeing services in this field typically encompass mental health support, health screenings, and advisory services aimed at improving overall workforce productivity and satisfaction.
As an active private limited company with roots stretching back to the late 1980s, Howden Employee Benefits & Wellbeing Limited represents an established participant in the UK's employee benefits and wellbeing marketplace, serving organisations seeking to develop and manage comprehensive benefit strategies for their employees.