CANADA LIFE LIMITED
Company Information
- Company Number
- 00973271
- Registered Address
- Canada Life Place, Potters Bar, Hertfordshire, EN6 5BA
- Status
- Active
- Employee Count
- 0
- Turnover
- £2,288,000,000
- EBITDA
- £555,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 February 1970
- Nature of Business
- 65110 - Life insurance
- Industries
- Financial Services
- Region
- East of England
Company Review
Trend Analysis
The data shows a general trend of improvement in the company's average time to pay invoices. In the first period (Jan 2018 - Jun 2018), the average time to pay was 51 days, which decreased to 34 days in the second period (Jan 2019 - Jun 2019). This indicates that the company has been paying invoices at a faster rate over time.
Volatility Analysis
The data also shows some volatility in the company's payment patterns. In the first period, 59% of invoices were paid within 30 days, but in the second period, this percentage decreased to 44%. However, the percentage of invoices paid between 31 and 60 days increased from 20% to 50%. This volatility could be due to various factors such as changes in the company's cash flow or supplier relationships.
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 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 34 | 44% | 50% | 6% | 50% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 68 | 52% | 20% | 28% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 51 | 59% | 20% | 21% | 33% |
Payment Time Trends
Payment Distribution Trends
Company Summary
Canada Life Limited is a leading Canadian insurance and wealth management company that has been in operation since 1847. The company is committed to providing sustainable solutions to its clients and making a positive impact on the environment and society.
The company offers a range of products and services, including life, health, and disability insurance, as well as investment and retirement planning solutions. These products and services are designed to help individuals and businesses protect their financial well-being and achieve their long-term goals.
Canada Life Limited has a strong sustainability program in place, with a focus on responsible investing and reducing its environmental footprint. The company has implemented various initiatives, such as using renewable energy sources, reducing waste, and promoting sustainable practices among its employees and suppliers.
The key people at Canada Life Limited include President and CEO, Paul Mahon, and Executive Vice President and Chief Financial Officer, Jeff Macoun. They are supported by a team of experienced and dedicated professionals who are committed to delivering excellent service to their clients.
For more information on Canada Life Limited and its products and services, individuals can visit their website at www.canadalife.com. The company's registered office address is located at 330 University Avenue, Toronto, Ontario M5G 1R8, Canada.
In summary, Canada Life Limited is a reputable insurance and wealth management company that prioritizes sustainability and offers a wide range of products and services to meet the diverse needs of its clients. With a strong commitment to responsible business practices and a team of competent leaders, the company continues to make a positive impact on the community and the environment.
