HOWDEN GROUP SERVICES LIMITED
Company Information
- Company Number
- 02937399
- Registered Address
- One Creechurch Place, London, United Kingdom, EC3A 5AF
- Status
- Active
- Employee Count
- 744
- Turnover
- £265,791,000
- EBITDA
- £46,354,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 June 1994
- Nature of Business
- 82110 - Combined office administrative service activities
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
HOWDEN GROUP SERVICES LIMITED demonstrates a strong trend of prompt payments, with an average payment time of 26 days and 83% of invoices settled within 30 days. This indicates a consistent capability to meet short-term payment obligations efficiently. The high proportion paid within a month suggests a generally favorable payment speed, despite a portion being technically late.
Volatility Analysis
Despite the rapid average payment time, the 39% late payment rate introduces a notable element of unpredictability regarding exact due dates for individual invoices. Suppliers may experience delays, as 14% of invoices extend to 31-60 days and 3% go beyond 60 days, indicating some variability in payment timing. This suggests that while most payments are quick, a significant minority will not be consistently reliable to exact terms, posing a moderate risk to cash flow predictability.
Summary Analysis
Overall, HOWDEN GROUP SERVICES LIMITED presents a generally good payment profile regarding speed, but the significant late payment percentage (39%) warrants caution for suppliers. Key decision factors include the high probability of payment within 30 days versus the risk of individual invoices being delayed beyond their due date. Suppliers should consider establishing clear payment terms, implementing proactive invoice tracking, and potentially adjusting credit limits or payment schedules to mitigate the observed payment variability.
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 Oct 2024 - 31 Mar 2025 | 03 Apr 2025 | 26 | 83% | 14% | 3% | 39% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 30 | 81% | 16% | 3% | 37% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 32 | 70% | 22% | 7% | 37% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 33 | 71% | 7% | 22% | 51% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 32 | 74% | 7% | 20% | 51% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 35 | 65% | 9% | 27% | 32% |
| 01 Oct 2021 - 30 Mar 2022 | 03 May 2022 | 30 | 72% | 5% | 23% | 31% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 35 | 64% | 8% | 27% | 32% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 37 | 55% | 31% | 14% | 29% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 32 | 65% | 7% | 28% | 40% |
| 01 Oct 2019 - 31 Mar 2020 | 04 May 2020 | 32 | 65% | 7% | 28% | 40% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Nov 2019 | 34 | 56% | 10% | 34% | 43% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 23 | 87% | 2% | 11% | 33% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 26 | 83% | 3% | 13% | 43% |
| 01 Oct 2017 - 31 Mar 2018 | 26 Apr 2018 | 35 | 63% | 11% | 26% | 53% |
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 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
60
Dispute Resolution Process
Howden has a dedicated Finance Operations team reachable by phone or email. They are contactable for any supplier queries. The Finance Operations Team work with the supplier to resolve promptly Those unresolvable is escalated to the Finance Operations Manager.
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 SERVICES LIMITED is an active private limited company. Its structure is established to provide services within a group framework.
The company was incorporated on 9 June 1994 and operates under company number 02937399. Its registered office is located in London, United Kingdom, at One Creechurch Place, EC3A 5AF.
As a private limited company established for 'Group Services', such organisations in the UK typically provide centralised support functions to affiliated entities. This often encompasses services like human resources, information technology, finance, legal, or administrative support to enhance operational efficiency across a group.
