SCOTTISH WIDOWS ADMINISTRATION SERVICES LIMITED

Company Information

Company Number
01132760
Registered Address
25 Gresham Street, London, EC2V 7HN
Status
Active
Employee Count
0
Turnover
£61,906,000
EBITDA
-£39,236,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 September 1973
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Company Review

Trend Analysis

There is not enough data to determine a trend for the average time taken to pay invoices for Scottish Widows Administration Services Limited. However, there is a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days over the three periods.

Volatility Analysis

The data for Scottish Widows Administration Services Limited shows moderate volatility in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. However, the percentage of invoices paid between 31 and 60 days remains relatively stable.

Summary Analysis

From the data provided, Scottish Widows Administration Services Limited has shown some improvement in their payment practices over the three periods. The percentage of invoices paid within 30 days has increased from 50% to 60%, while the percentage of invoices paid later than 60 days has decreased from 30% to 20%. However, there is still room for improvement as 40% of invoices are not paid within agreed terms.

Performance Reports History

Reporting Period Filed: 2024-01-30
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 202330 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022

Payment Time Trends

Payment Distribution Trends

Company Summary

Scottish Widows Administration Services Limited is a financial services company based in Edinburgh, Scotland. The company offers a range of products and services, including pensions, investments, and insurance.

As part of their sustainability program, Scottish Widows is committed to reducing their environmental impact and promoting ethical business practices. They have set targets to reduce their carbon emissions and increase the use of renewable energy sources in their operations. They also have a responsible investment policy, which considers environmental, social, and governance factors in their investment decisions.

The company's key people include Chief Executive Officer, Antonio Lorenzo, and Chairman, Jack McLaren. They also have a team of experienced financial advisors to assist customers with their financial needs.

Contact information for Scottish Widows Administration Services Limited can be found on their website (www.scottishwidows.co.uk) or at their registered office address: 20 Castle Terrace, Edinburgh, EH1 2ET, United Kingdom. Overall, Scottish Widows is a reputable financial services company with a commitment to sustainability and providing quality products and services to their customers.

Financial Metrics

Cash
£50,892,000
Net Worth
£60,460,000
Total Current Assets
£86,079,000
Total Current Liabilities
£25,619,000

Company Location