LEGAL & GENERAL RESOURCES LIMITED
Company Information
- Company Number
- 02334263
- Registered Address
- One Coleman Street, London, EC2R 5AA
- Status
- Active
- Employee Count
- 5,910
- Turnover
- £1,234,300,000
- EBITDA
- £22,900,000
Additional Details
- Website
- https://legalandgeneral.com
- Company Type
- Private limited Company
- Incorporated On
- 11 January 1989
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional 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 2021 - 30 Jun 2021 | 24 Sept 2021 | 29 | 91% | 4% | 5% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Sept 2021 | 30 | 92% | 4% | 4% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Jul 2019 | 20 | 81% | 12% | 7% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Jul 2019 | 21 | 84% | 10% | 6% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 28 Jul 2018 | 16 | 84% | 12% | 4% | 4% |
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
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
Dispute Resolution Process
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
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
LEGAL & GENERAL RESOURCES LIMITED is a leading financial services company based in the United Kingdom. They offer a wide range of products and services to their clients, including insurance, pensions, investments, and savings plans.
The company has a strong commitment to sustainability, and this is reflected in their sustainability program. They have set ambitious targets to reduce their carbon emissions and increase their use of renewable energy sources. They also have a responsible investment policy, which ensures that their investments are aligned with environmental, social, and governance (ESG) principles.
LEGAL & GENERAL RESOURCES LIMITED has a team of experienced and dedicated professionals who are committed to providing their clients with high-quality and innovative financial solutions. The key people in the company include the CEO, Nigel Wilson, and the Chairman, John Kingman.
The company has a range of products and services that cater to the diverse needs of their clients. These include life insurance, critical illness cover, income protection, annuities, and investment and savings plans. They also offer workplace pension schemes for businesses of all sizes.
LEGAL & GENERAL RESOURCES LIMITED can be contacted through their website, which is user-friendly and provides comprehensive information about their products and services. Their registered office address is One Coleman Street, London, EC2R 5AA.
In summary, LEGAL & GENERAL RESOURCES LIMITED is a reputable financial services company with a strong focus on sustainability. They offer a variety of products and services to meet the financial needs of their clients, and their team of professionals is dedicated to providing excellent customer service.
