Score of 88.9/100 qualifies for PaymentCheck Certification
| 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 | 24 Sept 2021 | 30 | 90% | 5% | 5% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Sept 2021 | 30 | 89% | 7% | 4% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Jul 2019 | 26 | 84% | 8% | 8% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Jul 2019 | 26 | 80% | 13% | 7% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 28 Jul 2018 | 21 | 81% | 14% | 5% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
5 / 14 / 28 days - standard length is 30 days for most suppliers
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
30
Divisional contacts within the business liaise directly with suppliers to resolve issues, with Accounts Payable being the main contact for queries regarding unpaid invoices / late payment etc.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
LEGAL & GENERAL (UNIT TRUST MANAGERS) LIMITED is a leading investment management company based in the United Kingdom. The company offers a wide range of financial products and services, including unit trusts, individual savings accounts (ISAs), and pension plans.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set targets to reduce their carbon footprint and increase their use of renewable energy sources. They also have a strong focus on responsible investing, ensuring that their investments align with environmental, social, and governance (ESG) principles.
LEGAL & GENERAL (UNIT TRUST MANAGERS) LIMITED has a team of experienced and dedicated professionals, including fund managers and analysts, who are responsible for managing their clients' investments. They have a strong track record of delivering good returns for their investors and have won several awards for their performance.
The company's products and services are designed to meet the diverse needs of their clients, ranging from individual investors to large institutional investors. They offer a wide range of unit trusts, including equity, fixed income, and multi-asset funds, to suit different investment objectives and risk profiles.
LEGAL & GENERAL (UNIT TRUST MANAGERS) LIMITED can be contacted through their website, which provides information on their products and services, as well as their sustainability program. Their registered office address is One Coleman Street, London EC2R 5AA, United Kingdom.
In summary, LEGAL & GENERAL (UNIT TRUST MANAGERS) LIMITED is a reputable investment management company that is committed to sustainability and offers a range of products and services to meet the needs of their clients. Their team of experienced professionals and strong track record make them a trusted choice for investors.