The data for LLOYDS BANK GENERAL INSURANCE HOLDINGS LIMITED shows a consistent trend of paying invoices within 30 days throughout the past three periods. However, there has been a slight decrease in the percentage of invoices paid within 30 days in the most recent period (2021-01-01 to 2021-06-30) compared to the previous period (2020-07-01 to 2020-12-31).
The volatility in the average time to pay for LLOYDS BANK GENERAL INSURANCE HOLDINGS LIMITED has remained relatively stable throughout the past three periods, with only a minor increase in the most recent period (2021-01-01 to 2021-06-30).
In the past three periods, LLOYDS BANK GENERAL INSURANCE HOLDINGS LIMITED has consistently paid invoices within 30 days, with an average time to pay remaining stable. However, there has been a slight decrease in the percentage of invoices paid within 30 days in the most recent period (2021-01-01 to 2021-06-30). The company also has a good track record of paying invoices within agreed terms, with no periods showing a high percentage of invoices paid later than 60 days.
| 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 | 30 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Lloyds Bank General Insurance Holdings Limited is a UK-registered company classified under head office activities, indicating a holding role within the wider Lloyds Banking Group structure. Its name and industry classification point to a function connected with general insurance holdings rather than direct customer-facing operations. The wider Lloyds Banking Group is described on its own website as the UK's financial services leader, offering banking, insurance, wealth and pensions services to millions of customers and businesses through household brands such as Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. This entity itself functions as part of that group's corporate structure rather than as an independent trading business.
Generated from the company's website and Companies House records. Sources: lloydsbankinggroup.com