HSBC GLOBAL SERVICES (UK) LIMITED
Company Information
- Company Number
- 07272547
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 5,610
- Turnover
- £20,045,000
- EBITDA
- £520,659,000
Additional Details
- Website
- https://hsbc.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 3 June 2010
- Nature of Business
- 82110 - Combined office administrative service activities
- Industries
- Professional 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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 19 | 95% | 5% | 0% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 19 | 95% | 4% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 17 | 95% | 4% | 1% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 19 | 93% | 6% | 1% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 24 | 88% | 10% | 2% | 12% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 25 | 88% | 9% | 3% | 9% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 24 | 90% | 8% | 2% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 25 | 90% | 8% | 2% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 28 | 84% | 10% | 6% | 27% |
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 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
42
Dispute Resolution Process
Suppliers are asked to place their issue in writing to their HSBC main contact point. Business contact and Accounts Payable work with the supplier to resolve payment issue/dispute in accordance with internal investigation and escalation procedures.
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
HSBC GLOBAL SERVICES (UK) LIMITED is a subsidiary of HSBC Holdings plc, one of the largest banking and financial services organizations in the world. The company provides a range of global services to HSBC Group companies, including back-office processing, technology and operational services.
As part of their sustainability program, HSBC GLOBAL SERVICES (UK) LIMITED is committed to reducing their environmental impact through various initiatives such as energy efficiency, waste reduction, and responsible sourcing. They also have a strong focus on promoting diversity and inclusion in the workplace.
The company offers a wide range of services to support HSBC Group companies in their operations, including customer service, transaction processing, data management, and IT support. They also provide specialized services such as finance, risk, and compliance support.
Key people at HSBC GLOBAL SERVICES (UK) LIMITED include CEO Sunil Sanghai and Chairman Mark Tucker. The company has a strong global presence with offices in countries such as India, China, and the Philippines.
The registered office address for HSBC GLOBAL SERVICES (UK) LIMITED is 8 Canada Square, London E14 5HQ. Their website, www.hsbc.com, provides information on their services, sustainability efforts, and contact information for various departments and locations.
