CAPITA LIFE PENSIONS REGULATED SERVICES LIMITED
Company Information
- Company Number
- 02424853
- Registered Address
- 65 Gresham Street, London, England, EC2V 7NQ
- Status
- Active
- Employee Count
- 2102.0
- Turnover
- 161347000.0
- EBITDA
- 2991000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 September 1989
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 02 Feb 2024 | 33 | 43% | 54% | 2% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 35 | 71% | 10% | 19% | 22% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 13 | 89% | 10% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 14 | 89% | 9% | 2% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 9 | 92% | 7% | 1% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 36 | 89% | 8% | 3% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 14 | 88% | 9% | 3% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 25 Jul 2020 | 15 | 88% | 9% | 3% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 29 | 72% | 25% | 3% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 28 | 76% | 22% | 2% | 21% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 29 | 66% | 28% | 6% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 39 | 62% | 30% | 8% | 26% |
Company Summary
CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED is a leading provider of life and pensions services in the United Kingdom
The company offers a wide range of solutions for the management and administration of life and pension schemes, helping individuals and businesses plan for their financial future
As part of its commitment towards sustainability, CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED has implemented various initiatives to reduce its environmental impact
This includes promoting paperless transactions, using renewable energy sources, and implementing energy-efficient practices in its operations
The company's main products and services include pension administration, life insurance, and investment management
They also offer consultancy services for businesses looking to set up or manage their own pension schemes
Their innovative solutions and efficient processes have earned them a reputation for reliability and high-quality service
The key people at CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED include CEO Jon Lewis, who has over 25 years of experience in the financial services industry, and Managing Director Matthew Macdonald, who has been with the company for over a decade
For more information about their services and products, interested parties can visit their website at www.capitalife.co.uk
The company's registered office address is 30 Berners Street, London, W1T 3LR, United Kingdom
Company Review
Trend Analysis
The data for CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED shows a consistent trend of improvement over the years. The average time to pay has decreased from 39 days in 2018 to 33 days in 2023. The percentage of invoices paid within 30 days has also increased from 62% in 2018 to 43% in 2023. This indicates a positive trend towards early payment.
Volatility Analysis
The data for CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED shows a moderate level of volatility in terms of the percentage of invoices paid within 30 days. It has fluctuated between 62% and 92% over the years. However, there has been a significant decrease in the percentage of invoices paid between 31 and 60 days, indicating a more stable payment pattern.
Summary Analysis
From 2018 to 2023, CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED has shown a significant improvement in terms of payment to suppliers. The average time to pay has decreased by 24 days, and the percentage of invoices paid within 30 days has increased by 31%. The worst period was in 2023 where only 43% of the invoices were paid within 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
7 Days individuals, 14 Days Micro Business, 30 Days SME, 60 Days Large Corporate
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The accounts payable helpdesk number and email address is printed on all correspondence to suppliers, any disputes are expected to be resolved within 30 days of the dispute being raised.
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
