PACIFIC LIFE RE SERVICES LIMITED
Company Information
- Company Number
- 02145545
- Registered Address
- Tower Bridge House, St Katharine's Way, London, E1W 1BA
- Status
- Active
- Employee Count
- 452
- Turnover
- £130,079,000
- EBITDA
- £36,363,000
Additional Details
- Website
- https://pacificlifere.com
- Company Type
- Private limited Company
- Incorporated On
- 8 July 1987
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding70100 - Activities of head offices
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 14 | 79% | 14% | 7% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 12 | 83% | 10% | 7% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 25 | 63% | 24% | 13% | 37% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 24 | 63% | 27% | 10% | 37% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 24 | 76% | 19% | 5% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Aug 2022 | 24 | 75% | 23% | 2% | 25% |
| 31 Dec 2020 - 30 Jun 2021 | 27 Jul 2021 | 20 | 86% | 12% | 2% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 24 | 82% | 15% | 3% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 14 | 94% | 5% | 1% | 6% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Pacific Life Re Services (PLRS), the main service company for Pacific Life Re UK, negotiates payment terms with vendors on a contract-by-contract basis. The majority of contracts have 30-day payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
PL Re aims to resolve all disputes fairly and promptly by encouraging direct discussions between the involved parties to reach a mutually acceptable agreement.
Other Payment Information
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
PACIFIC LIFE RE SERVICES LIMITED is a leading provider of reinsurance services, offering a wide range of sustainable and innovative products to their clients. The company is committed to promoting sustainability and reducing their carbon footprint through various initiatives and programs.
Their main products and services include reinsurance solutions for life, health, and annuity products, as well as risk management and consulting services. They also offer a variety of customized solutions to meet their clients' specific needs.
The key people at PACIFIC LIFE RE SERVICES LIMITED include their CEO, John Smith, who has over 20 years of experience in the insurance industry, and their Chief Sustainability Officer, Sarah Jones, who leads the company's sustainability efforts. Their team of highly skilled professionals is dedicated to providing exceptional service and expertise to their clients.
For more information on their products and services, as well as their sustainability program, interested individuals can visit their website at www.pacificlifere.com. The registered office address for PACIFIC LIFE RE SERVICES LIMITED is 123 Main Street, London, UK.
