HALIFAX SHARE DEALING LIMITED

PaymentCheck Score 2025
93Excellent
0.8vs last year
#642 in UK
#14 in Software
#29 in Yorkshire and The Humber

Company Information

Company Number
03195646
Registered Address
Trinity Road, Halifax, W. Yorkshire, HX1 2RG
Status
Active
Employee Count
0
Turnover
£55,735,000
EBITDA
£26,621,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 May 1996
Nature of Business
64999 - Financial intermediation not elsewhere classified
66120 - Security and commodity contracts dealing activities
Industries
Software
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
12 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
91%
31-60 Days
8%
After 60 Days
1%
Not Paid Within Terms9%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251190%8%2%13%
01 Jul 2024 - 31 Dec 202430 Jan 20251588%8%4%7%
01 Jan 2024 - 30 Jun 202430 Jul 20241291%8%1%9%
01 Jul 2023 - 31 Dec 202330 Jan 20241492%5%3%6%
01 Jan 2023 - 30 Jun 202327 Jul 20231395%3%2%3%
01 Jul 2021 - 31 Dec 202128 Jan 20221885%10%5%20%

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

Standard payment terms are 30 days after receipt of a correct, undisputed, timely provided and properly due VAT invoice. In some circumstances, Halifax Share Dealing Limited agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Invoice Receipt Date We are currently only able to record the date of receipt of invoices for circa 57% of reportable invoices in this report. Where the date we receive an invoice is not available, we have reported on the date of the invoice itself, as we consider this the most justifiable alternative. Unknown payment terms For certain suppliers, our systems do not currently capture details of the payment terms in place under qualifying contracts with those suppliers. Therefore, for the purposes of reporting on our payment statistics for those qualifying contracts, we have assumed that all payments under those contracts are due within 30 days of the date of receipt of the invoice, which reflects our most commonly used contractual payment terms. Discrepancy between contracting entity and paying entity Our payment statistics include some payments made by Halifax Share Dealing Limited where, although we are not the contracting entity for the relevant qualifying contract, the services have been received and paid for by Halifax Share Dealing Limited. Sufficient link to the UK Our payment statistics may include some payments made to non-UK entities where we have been unable to ascertain whether the contract has a sufficient link to the UK to meet the criteria for reporting. It is not Halifax Share Dealing Limited policy to differentiate supplier payment terms based on supplier jurisdiction and our payment practices for non-UK entities are representative of those followed for UK entities.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Suppliers can raise queries with their appointed managers in the first instance. They can also contact the dedicated accounts payable team (LloydsInvoiceEnquiries@Lloydsbanking.com). Such contacts would generally seek to deal with any disputes promptly (involving other senior contacts, as needed), in accordance with the terms of the contract.

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

HALIFAX SHARE DEALING LIMITED is a UK-based financial services company that provides share dealing and investment services. The company is a subsidiary of Lloyds Banking Group and was founded in 1997.

As a company, HALIFAX SHARE DEALING LIMITED is committed to promoting sustainability in its operations. They have implemented a sustainability program that focuses on reducing their carbon footprint and promoting responsible investing. The company also encourages its employees to volunteer and support local community projects.

The main product of HALIFAX SHARE DEALING LIMITED is its share dealing platform, which allows customers to buy and sell shares in a variety of companies. They also offer a range of investment options, including stocks and shares ISA, self-invested personal pension (SIPP), and investment funds. The company also provides educational resources and tools to help customers make informed investment decisions.

The key people at HALIFAX SHARE DEALING LIMITED include Mark Brown, the Managing Director, and James Craven, the Head of Operations. They work closely with a team of experienced professionals to ensure the company's success.

Customers can contact HALIFAX SHARE DEALING LIMITED through their website, which is www.halifaxsharedealing.co.uk. The company's registered office address is at Trinity Road, Halifax, West Yorkshire, HX1 2RG.

In summary, HALIFAX SHARE DEALING LIMITED is a UK-based financial services company that offers share dealing and investment services. They have a strong focus on sustainability and provide a variety of products and services to help customers achieve their investment goals. With a dedicated team and a commitment to responsible investing, HALIFAX SHARE DEALING LIMITED is a reliable choice for those looking to enter the world of share dealing.

Financial Metrics

Cash
£56,057,000
Net Worth
£97,732,000
Total Current Assets
£156,694,000
Total Current Liabilities
£58,963,000

Company Location