HOWDEN GROUP HOLDINGS LIMITED
Company Information
- Company Number
- 02937398
- Registered Address
- One Creechurch Place, London, United Kingdom, EC3A 5AF
- Status
- Active
- Employee Count
- 17,616
- Turnover
- £2,864,800,000
- EBITDA
- £386,600,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 June 1994
- Nature of Business
- 65120 - Non-life insurance70100 - Activities of head offices
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 45 | 62% | 14% | 24% | 35% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 39 | 61% | 11% | 29% | 36% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 37 | 65% | 10% | 24% | 34% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 30 | 69% | 8% | 24% | 31% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 39 | 61% | 11% | 29% | 36% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Nov 2019 | 37 | 54% | 12% | 34% | 48% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms agreed with suppliers as part of contract negotiations. The most commonly used terms are 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
60
Dispute Resolution Process
Howden has a dedicated Finance Operations Team, which is reachable by phone and email. Suppliers with invoice disputes contact this team and if the team is not able to resolve they escalate the issue to the Finance Operations Manager. The Finance Operations Team work with the supplier to resolve promptly
Other Payment Information
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Howden Group Holdings Limited is a global engineering company that provides a range of products and services to a variety of industries. The company was founded in 1854 and is headquartered in Glasgow, Scotland.
Their sustainability program focuses on reducing their environmental impact and promoting ethical and responsible business practices. They have set targets to reduce their carbon emissions, waste, and water usage, and have implemented sustainable sourcing practices.
The company offers a wide range of products and services, including air and gas handling equipment, heat exchangers, compressors, and waste heat recovery systems. They also provide engineering and project management services, as well as aftermarket support and maintenance.
Key people at Howden Group Holdings Limited include the CEO, Ross Shuster, and the Chairman, Tim Rowley. They have a team of over 6,000 employees globally, with operations in more than 100 countries.
Their website address is www.howden.com, where customers can find information about their products and services, as well as their sustainability efforts. The registered office address is 27/28 Eastcastle Street, London, W1W 8DH, United Kingdom.
In summary, Howden Group Holdings Limited is a leading engineering company with a strong focus on sustainability. They offer a diverse range of products and services and have a global presence. With their commitment to ethical and responsible business practices, they are a trusted partner for businesses in various industries.
