PHOENIX LIFE LIMITED
Company Information
- Company Number
- 01016269
- Registered Address
- 1 Wythall Green Way, Wythall, Birmingham, B47 6WG
- Status
- Active
- Employee Count
- 0
- Turnover
- £4,028,000,000
- EBITDA
- £265,000,000
Additional Details
- Website
- https://abbeylife.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 30 June 1971
- Nature of Business
- 65110 - Life insurance
- Industries
- Financial Services
- Region
- West Midlands
Payment Score History
Company Review
Trend Analysis
The company, PHOENIX LIFE LIMITED, has shown a consistent improvement in their payment practices over the past three periods. The average time to pay has decreased from 65 days in the first period to 30 days in the most recent period. The percentage of invoices paid within 30 days has also increased from 37% to 82%.
Volatility Analysis
The volatility in the company's payment practices has decreased significantly. In the first period, 63% of invoices were not paid within agreed terms, but in the most recent period, this number has decreased to 18%. The percentage of invoices paid later than 60 days has also decreased from 21% to 0%.
Summary Analysis
For PHOENIX LIFE LIMITED, there has been a consistent improvement in their payment practices over the past three periods. The average time to pay has decreased from 65 days to 30 days, and the percentage of invoices paid within 30 days has increased from 37% to 82%. The company has also significantly reduced the number of invoices not paid within agreed terms and those paid later than 60 days.
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 | 05 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 | 30 | 82% | 18% | 0% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 29 | 93% | 7% | 0% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 35 | 38% | 58% | 4% | 62% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 38 | 45% | 36% | 18% | 55% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 33 | 54% | 46% | 0% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 37 | 37% | 48% | 15% | 63% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 65 | 37% | 42% | 21% | 63% |
Payment Time Trends
Payment Distribution Trends
Company Summary
Phoenix Life Limited is a British life insurance company that offers a range of financial products and services. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Some of the key activities of Phoenix Life Limited include offering life insurance, pension plans, and annuities to individuals and businesses. They also provide investment management and financial planning services.
As part of their sustainability program, Phoenix Life Limited has set targets to reduce their carbon footprint, increase their use of renewable energy, and promote recycling and waste reduction within their operations. They also support various community and charity projects through their corporate social responsibility efforts.
The company is led by a team of experienced and skilled professionals, including CEO Andy Curran and Chairman Clive Bannister. They are committed to providing excellent customer service and ensuring financial stability for their policyholders.
Phoenix Life Limited can be contacted through their website, which also provides information on their products and services. Their registered office address is located in London, United Kingdom.
In summary, Phoenix Life Limited is a reputable life insurance company in the UK that offers a range of financial products and services. They are dedicated to sustainability and have taken steps to reduce their environmental impact. With a strong leadership team and commitment to customer service, Phoenix Life Limited is a reliable choice for individuals and businesses seeking financial security.
