HANDELSBANKEN PLC
Company Information
- Company Number
- 11305395
- Registered Address
- 3 Thomas More Square, London, United Kingdom, E1W 1WY
- Status
- Active
- Employee Count
- 3,015
- Turnover
- £11,880,000,000
- EBITDA
- £10,585,000,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 11 April 2018
- Nature of Business
- 64191 - Banks
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The time taken for HANDELSBANKEN PLC to pay invoices has increased by 2 days over the past two periods, from an average of 16 days in the first period to 18 days in the third period. This indicates a slightly slower payment process for the company.
Volatility Analysis
Overall, there is a slight increase in volatility in the time taken for HANDELSBANKEN PLC to pay invoices. This is shown by the changes in percentages for invoices paid within 30 days, between 31 and 60 days, and later than 60 days. While the changes are relatively small, they indicate a potential trend of delayed payments and a need for closer monitoring of payment processes.
Summary Analysis
Based on the data, HANDELSBANKEN PLC has seen a slight increase in the time taken to pay invoices, as well as an increase in delayed payments within the agreed terms. This could potentially lead to strained relationships with suppliers and potential penalties. It is important for the company to closely monitor and improve its payment processes to ensure timely payments and maintain good relationships with suppliers.
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 | 09 Jul 2025 | 15 | 98% | 2% | 0% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 16 | 98% | 2% | 0% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 16 | 99% | 1% | 0% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 16 | 99% | 1% | 0% | 18% |
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
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers are asked to contact their main Handelsbanken Plc contact in the first instance and the business contact and Accounts Payable will work together to resolve with the supplier
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
Handelsbanken PLC is a UK-based bank that offers a range of financial products and services to its customers. The bank has a strong focus on sustainability and has implemented various initiatives to promote responsible and ethical practices.
One of the key activities of Handelsbanken PLC is providing banking services to individuals and businesses. This includes current and savings accounts, mortgages, loans, and insurance products. The bank also offers investment services, such as wealth management and pension planning.
In terms of sustainability, Handelsbanken PLC has a dedicated program that focuses on reducing its environmental impact and promoting social responsibility. This includes initiatives such as using renewable energy sources, reducing paper usage, and supporting local communities through various charity projects.
The bank's sustainability program also extends to its products and services. Handelsbanken PLC offers ethical investment options, such as sustainable funds, to its customers. It also has a responsible lending policy, which ensures that its loans and investments are in line with its sustainability goals.
The key people at Handelsbanken PLC include the Chief Executive Officer, Anders Bouvin, and the Chairman, Pär Boman. The bank's registered office address is in London, and it can be contacted through its website, www.handelsbanken.co.uk, or via phone at +44 (0)20 7578 0000.
In summary, Handelsbanken PLC is a UK-based bank that offers a range of financial products and services to its customers. The bank has a strong focus on sustainability and has implemented various initiatives to promote responsible and ethical practices. Its key people can be contacted through its website or registered office address in London.
