HBOS PLC

Company Information

Company Number
SC218813
Registered Address
The Mound, Edinburgh, EH1 1YZ
Status
Active
Employee Count
22
Turnover
£12,723,000
EBITDA
£649,000

Additional Details

Company Type
Public limited Company
Incorporated On
3 May 2001
Nature of Business
64205 - Activities of financial services holding companies
Industries
Financial Services,Professional Services,Property,Infrastructure And Construction,Safety And Security
Region
Scotland

Company Review

Trend Analysis

The data for HBOS PLC shows a consistent trend of paying invoices within 60 days, with a slight increase in the percentage of invoices paid later than 60 days over the years.

Volatility Analysis

There is not a significant amount of volatility in the data for HBOS PLC, with the average time to pay and percentage of invoices paid within 30 days remaining relatively stable over the years.

Summary Analysis

In the past three periods, from 2021-2023, HBOS PLC has maintained an average time to pay of around 60 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days, indicating a slower payment process. The company has also consistently paid between 30-40% of their invoices within 30 days, with the majority falling between 31-60 days. It is important for HBOS PLC to address this trend and strive to pay their invoices within 60 days to maintain good relationships with their suppliers.

Performance Reports History

Reporting Period Filed: 2024-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202128 Jan 2022
01 Jan 2021 - 30 Jun 202128 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jan 2020 - 30 Jun 202029 Jul 2020
01 Jul 2019 - 31 Dec 201928 Jan 2020
01 Jan 2019 - 30 Jun 201929 Jul 2019
01 Jul 2018 - 31 Dec 201829 Jan 2019
01 Jan 2018 - 30 Jun 201827 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

HBOS PLC was a British banking and insurance company that operated in the United Kingdom from 2001 to 2009. It was formed through the merger of Halifax and Bank of Scotland, and was one of the largest financial services companies in the country.

The company's activities included retail banking, insurance, and investment services. It offered a wide range of products and services, including current and savings accounts, mortgages, loans, credit cards, and insurance policies. It also provided investment services such as wealth management, asset management, and financial advice.

HBOS PLC was committed to sustainability and had a dedicated sustainability program in place. The company focused on reducing its environmental impact by implementing energy-efficient practices, reducing waste, and promoting sustainable resource management. It also had a strong focus on social responsibility, supporting local communities through various initiatives and promoting diversity and inclusion within the company.

Some key people at HBOS PLC included Andy Hornby, the CEO, and Charles Dunstone, the Chairman. The company's registered office address was The Mound, Edinburgh, EH1 1YZ, United Kingdom.

Unfortunately, in 2008, HBOS PLC faced financial difficulties due to the global financial crisis and was acquired by Lloyds Banking Group. However, its legacy continues through the various brands that were part of the company, such as Halifax and Bank of Scotland.

The company's website, www.hbosplc.com, is no longer active, but information about its products and services can be found on the websites of its successor companies. The registered office address is now 25 Gresham Street, London, EC2V 7HN, United Kingdom.

Financial Metrics

Cash
£3,004,000,000
Net Worth
£14,747,000,000
Total Current Assets
£316,969,000,000
Total Current Liabilities
£301,172,000,000

Company Location