HSBC GROUP MANAGEMENT SERVICES LIMITED
Company Information
- Company Number
- 09231974
- Registered Address
- 8 Canada Square, London, E14 5HQ
- Status
- Active
- Employee Count
- 7,139
- Turnover
- £0
- EBITDA
- £3,242,882,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 September 2014
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Financial Services,Professional Services,Property,Infrastructure And Construction,Safety And Security
- 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 | 18 | 98% | 2% | 0% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 18 | 97% | 3% | 0% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 17 | 97% | 2% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 18 | 96% | 3% | 1% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 24 | 90% | 8% | 2% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 25 | 89% | 8% | 3% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 25 | 92% | 6% | 2% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 24 | 93% | 6% | 1% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 28 | 87% | 8% | 5% | 19% |
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 Group Management Services Limited is a subsidiary of HSBC Holdings plc, a multinational banking and financial services company headquartered in London, UK. The company offers a wide range of financial products and services to individuals, businesses, and institutions worldwide.
HSBC Group Management Services Limited provides support and management services to the HSBC Group, including technology, operations, and human resources. They also offer advisory and investment services to clients through their various subsidiaries.
The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact and promote social responsibility. They have set targets to reduce their carbon emissions, increase renewable energy usage, and minimize waste and water consumption.
HSBC Group Management Services Limited offers a wide range of financial products and services, including personal and commercial banking, wealth management, insurance, and global markets. They also provide digital banking solutions to make banking more convenient for customers.
The key people at HSBC Group Management Services Limited include Noel Quinn, Group Chief Executive, and Mark Tucker, Group Chairman. The company has a team of experienced executives and professionals who are committed to delivering excellent services to their clients.
The contact information for HSBC Group Management Services Limited is as follows:
Website: www.hsbc.com Registered Office Address: 8 Canada Square, London E14 5HQ, United Kingdom
