ROYAL LONDON MANAGEMENT SERVICES LIMITED
Company Information
- Company Number
- 02867478
- Registered Address
- 80 Fenchurch Street, London, United Kingdom, EC3M 4BY
- Status
- Active
- Employee Count
- 0
- Turnover
- £711,643,000
- EBITDA
- £9,699,000
Additional Details
- Website
- https://royallondon.com
- Company Type
- Private limited Company
- Incorporated On
- 1 November 1993
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- 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 | 28 Jul 2025 | 18 | 94% | 3% | 3% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 23 | 91% | 9% | 0% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 19 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 12 | 97% | 3% | 0% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 11 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 5 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 63 | 0% | 54% | 46% | 100% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 3 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jan 2021 | 5 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jan 2021 | 1 | 100% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2021 | 2 | 93% | 7% | 0% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Jan 2021 | 1 | 100% | 0% | 0% | 0% |
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
Royal London shall pay each invoice which is properly due and correctly submitted to it by the Supplier, within thirty (30) Working Days of receipt, to a bank account nominated in writing by the Supplier.
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
30
Dispute Resolution Process
In the event of a dispute the Contract Managers shall meet to use all reasonable endeavours to resolve the issue within ten (10) Working Days of the identification of the issue. If the dispute is not resolved within that time it shall then be referred to board or senior management level for discussion. If any dispute has not been settled or a course of action for its settlement agreed within thirty (30) Working Days of it being referred to board or senior management level the parties may attempt to settle it by mediation in accordance with the Centre for Dispute Resolution (“CEDR”) Model Mediation Procedure. Unless otherwise agreed between the parties in writing, the mediator will be appointed by CEDR. To initiate the mediation a party must give written notice to the other party/parties to the dispute requesting mediation (the "Mediation Notice"). A copy of the Mediation Notice should also be sent to CEDR. Subject to any constraints imposed by CEDR the mediation will start not later than ten (10) days after the date of the Mediation Notice.
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
Royal London Management Services Limited is a leading financial services company based in London, UK. The company offers a range of sustainable products and services that cater to the diverse needs of their customers.
One of the key activities of Royal London Management Services Limited is to provide financial planning and wealth management services to their clients. This includes investment management, pension planning, and insurance products. The company also offers mortgage services and estate planning to their customers.
In terms of sustainability, Royal London Management Services Limited has a strong commitment to environmental, social, and governance (ESG) principles. They strive to reduce their environmental impact by implementing sustainable practices in their operations, such as reducing paper usage and promoting recycling. The company also supports various charitable organizations and encourages its employees to participate in volunteering activities.
The team at Royal London Management Services Limited is led by their CEO, Phil Loney, who has been with the company since 2011. Under his leadership, the company has seen significant growth and success. The company's registered office address is 55 Gracechurch Street, London, EC3V 0RL, United Kingdom.
Customers can access information about the company and its services through their website, which is available at www.royallondon.com. The website also provides contact information, including phone numbers and email addresses, for individuals and businesses looking to inquire about their services.
Overall, Royal London Management Services Limited is a reputable company that offers sustainable financial solutions to its clients. Their commitment to ESG principles and their range of products and services make them a trusted choice for individuals and businesses seeking financial planning and wealth management services.
