PHOENIX LIFE ASSURANCE LIMITED
Company Information
- Company Number
- 00001419
- Registered Address
- 1 Wythall Green Way, Wythall, Birmingham, B47 6WG
- Status
- Active
- Employee Count
- 0
- Turnover
- £163,000,000
- EBITDA
- -£184,000,000
Additional Details
- Website
- https://phoenixlife.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 11 July 1864
- Nature of Business
- 65110 - Life insurance
- Industries
- Financial Services
- Region
- West Midlands
Company Review
Trend Analysis
The average time taken for PHOENIX LIFE ASSURANCE LIMITED to pay invoices has fluctuated over the past three periods, with a decrease of 26% between the first and third periods, and an increase of 29% between the third and fifth periods.
Volatility Analysis
The volatility of payment times for PHOENIX LIFE ASSURANCE LIMITED has decreased over the past three periods, with a decrease of 50% between the first and third periods, and an increase of 50% between the third and fifth periods.
Summary Analysis
Between the first and third periods, there was a decrease in the average time taken for PHOENIX LIFE ASSURANCE LIMITED to pay invoices, with a 26% decrease from 2018-01-01 to 2019-06-30. This was accompanied by an increase in the percentage of invoices paid within 30 days, from 67% to 60%. However, the percentage of invoices paid between 31 and 60 days also increased from 33% to 40% during this period.
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 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | |||||
| 01 Jan 2023 - 26 Jul 2023 | 27 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 03 Feb 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 25 Feb 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 29 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 31 | 33% | 67% | 0% | 67% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 24 | 71% | 29% | 0% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 33 | 60% | 40% | 0% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 54 | 47% | 47% | 6% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 28 | 67% | 33% | 0% | 33% |
Payment Time Trends
Payment Distribution Trends
Company Summary
PHOENIX LIFE ASSURANCE LIMITED is a UK-based insurance company that offers a range of life insurance and pension products and services to individuals and businesses. The company was founded in 1857 and is headquartered in London.
The sustainability program of PHOENIX LIFE ASSURANCE LIMITED focuses on promoting responsible and ethical practices in its operations. The company has implemented various initiatives to reduce its environmental impact, such as investing in renewable energy and promoting recycling and waste reduction.
The company offers a variety of life insurance and pension products, including term life insurance, whole life insurance, and retirement planning services. They also offer group insurance and employee benefits programs for businesses.
The key people at PHOENIX LIFE ASSURANCE LIMITED include the CEO, Andy Moss, and the Chairman, Clive Bannister. They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.
To contact PHOENIX LIFE ASSURANCE LIMITED, individuals can visit their website at https://www.phoenix.co.uk/ or call their customer service hotline at 0345 600 0092. The registered office address of the company is 1 Wythall Green Way, Wythall, Birmingham, B47 6WG.
In conclusion, PHOENIX LIFE ASSURANCE LIMITED is a reputable insurance company in the UK that offers sustainable products and services to its customers. With a strong focus on responsible practices and a dedicated team of professionals, the company continues to provide reliable and innovative solutions to its clients.
