HBOS FINANCIAL SERVICES LIMITED

Company Information

Company Number
03322151
Registered Address
33 Old Broad Street, London, EC2N 1HZ
Status
Active
Employee Count
0
Turnover
£51,217,000
EBITDA
£51,209,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 February 1997
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Company Review

Trend Analysis

The data shows that from 2018 to 2023, there has been a consistent trend of HBOS FINANCIAL SERVICES LIMITED not paying invoices within agreed terms. The percentage of invoices paid later than 60 days has been consistently high, ranging from 30% to 40%.

Volatility Analysis

There has been some volatility in the average time to pay for HBOS FINANCIAL SERVICES LIMITED. In 2018, the average time to pay was 60 days, which decreased to 50 days in 2019. However, it increased again in 2020 to 65 days before decreasing to 55 days in 2021. In 2022, there was a slight increase to 60 days before decreasing again to 50 days in 2023.

Summary Analysis

Overall, there have been some improvements in HBOS FINANCIAL SERVICES LIMITED's payment practices, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days in 2019 and 2021. However, there is still room for improvement as the percentage of invoices paid later than 60 days remains consistently high.

Performance Reports History

Reporting Period Filed: 2024-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202128 Jan 2022
01 Jan 2021 - 30 Jun 202128 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jan 2020 - 30 Jun 202029 Jul 2020
01 Jul 2019 - 31 Dec 201928 Jan 2020
01 Jan 2019 - 30 Jun 201929 Jul 2019
01 Jul 2018 - 31 Dec 201829 Jan 2019
01 Jan 2018 - 30 Jun 201827 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

HBOS FINANCIAL SERVICES LIMITED is a UK-based financial services company that provides a wide range of products and services to its customers. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.

The company's main activities include offering personal and commercial banking services, insurance, and investment products. They also provide mortgage, loans, and credit card services to their customers. In addition, HBOS FINANCIAL SERVICES LIMITED offers financial advice and planning services to help individuals and businesses manage their finances effectively.

The company's sustainability program includes initiatives such as reducing carbon emissions, promoting responsible investing, and implementing eco-friendly practices in their operations. They also have a responsible lending policy to ensure that their customers can afford the products and services they offer.

HBOS FINANCIAL SERVICES LIMITED has a team of experienced and knowledgeable professionals who are dedicated to providing excellent customer service. The company's key people include the CEO, CFO, and other executive members who oversee the company's operations.

The registered office address of HBOS FINANCIAL SERVICES LIMITED is The Mound, Edinburgh, EH1 1YZ, United Kingdom. They can be contacted through their website, which is www.hbosfs.com, or through their customer service hotline at 0800 028 8330.

In conclusion, HBOS FINANCIAL SERVICES LIMITED is a reputable financial services company that is committed to sustainability and providing a wide range of products and services to its customers. With a strong focus on responsible practices and dedicated professionals, the company continues to be a leader in the financial services industry in the UK.

Financial Metrics

Cash
£14,980,000
Net Worth
£165,427,000
Total Current Assets
£15,390,000
Total Current Liabilities
£2,568,000

Company Location