PHOENIX LIFE ASSURANCE LIMITED

Company Information

Company Number
00001419
Registered Address
1 Wythall Green Way, Wythall, Birmingham, B47 6WG
Status
Active
Employee Count
0.0
Turnover
163000000.0
EBITDA
-184000000.0

Additional Details

Company Type
Private limited Company
Incorporated On
11 July 1864
Nature of Business
65110 - Life insurance
Industries
Financial Services
Region
West Midlands

Company Location

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Financial Metrics

Cash
£78,000,000.00
Net Worth
£626,000,000.00
Total Current Assets
£12,381,000,000.00
Total Current Liabilities
£12,357,000,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-02

Payment Time Trends

Dec 2023Jul 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018015304560

Payment Distribution Trends

Dec 2023Jul 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 20180255075100

Performance Reports History

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 202302 Feb 2024
01 Jan 2023 - 26 Jul 202327 Jul 2023
01 Jul 2022 - 31 Dec 202203 Feb 2023
01 Jan 2022 - 30 Jun 202201 Aug 2022
01 Jul 2021 - 31 Dec 202125 Feb 2022
01 Jan 2021 - 30 Jun 202130 Jul 2021
01 Jul 2020 - 31 Dec 202029 Jan 202129100%0%0%0%
01 Jan 2020 - 30 Jun 202031 Jul 20203133%67%0%67%
01 Jul 2019 - 31 Dec 201929 Jan 20202471%29%0%29%
01 Jan 2019 - 30 Jun 201931 Jul 20193360%40%0%40%
01 Jul 2018 - 31 Dec 201830 Jan 20195447%47%6%61%
01 Jan 2018 - 30 Jun 201830 Jul 20182867%33%0%33%

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

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.