The average time taken to pay invoices by HBOS SOCIAL HOUSING COVERED BONDS LLP has remained consistent over the past three periods, with no significant changes.
There is no volatility in the data for HBOS SOCIAL HOUSING COVERED BONDS LLP, as there have been no major changes in the data over the past three periods.
From Jan 2018 to Jun 2021, HBOS SOCIAL HOUSING COVERED BONDS LLP has maintained a consistent average time to pay invoices to suppliers. The percentage of invoices paid within 30 days has also remained steady, ranging from 80% to 85% over the three periods. However, there has been a slight decrease in the percentage of invoices paid between 31 and 60 days, from 15% to 10%. The percentage of invoices paid later than 60 days has also seen a slight decrease, from 5% to 4%. The shortest (or only) standard payment period has remained consistent at 30 days for all three periods.
| 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 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
HBOS Social Housing Covered Bonds LLP is a UK-based company that specializes in providing social housing financing through covered bonds. The company was established in 2007 and is a subsidiary of HBOS plc.
The main activity of the company is to issue covered bonds, which are secured debt instruments backed by a pool of high-quality mortgages or loans. These bonds are then used to finance social housing projects, such as the construction or renovation of affordable homes.
In addition to its financial services, HBOS Social Housing Covered Bonds LLP also has a strong sustainability program in place. The company is committed to promoting social responsibility and environmental sustainability through its operations. It has set targets to reduce its carbon footprint and increase its use of renewable energy sources.
The company offers a range of products and services, including fixed-rate and floating-rate covered bonds, as well as green bonds that are specifically used to finance environmentally-friendly social housing projects. Its clients include housing associations, local authorities, and other social housing providers.
The key people at HBOS Social Housing Covered Bonds LLP include its managing directors, who have extensive experience in the financial and housing sectors. The company also has a team of professionals who are dedicated to providing high-quality services to its clients.
For more information, interested parties can visit the company's website at www.hboscoveredbonds.com. The registered office address is at 25 Gresham Street, London EC2V 7HN, United Kingdom.