From Jan 2018 to June 2020, there has been a consistent increase in the time taken for HUB FINANCIAL SOLUTIONS LIMITED to pay invoices to suppliers, with the average time to pay increasing each period.
There is a significant volatility in the percentage of invoices paid within 30 days, with a range of 0% to 100% over the past three periods. This suggests that HUB FINANCIAL SOLUTIONS LIMITED may not have a consistent payment process in place.
Based on the data, HUB FINANCIAL SOLUTIONS LIMITED has consistently increased the time taken to pay invoices to suppliers over the past three periods. The percentage of invoices paid within 30 days has also been volatile, with no clear trend. The highest percentage of invoices paid later than 60 days was in the 2018-07-01 to 2018-12-31 period.
| 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 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 |
HUB Financial Solutions Limited operates as HUB Financial Solutions, part of the wider HUB Group. It provides retirement planning advice and guidance to consumers, helping them convert pension savings into income and explore options such as annuities, income drawdown and equity release, including lifetime mortgages secured against a home. The service compares guaranteed retirement incomes from different providers and offers tools such as calculators and estimators to help people plan funding for later life. It offers both self-service information and advisor-led support by phone or online form. The website indicates an association with HUB Group's other entities, including HUB Pension Consulting, and states the site operates under Just Group plc.
Generated from the company's website and Companies House records. Sources: hubfinancialsolutions.co.uk · hubfinancialsolutions.co.uk