AETNA GLOBAL BENEFITS (UK) LIMITED

PaymentCheck Score 2023
84Good
9.2vs last year
#1535 in UK
#227 in Financial Services
#243 in South East

Company Information

Company Number
03554885
Registered Address
The Hub Fowler Avenue, Farnborough Business Park, Farnborough, Hampshire, England, GU14 7JF
Status
Active
Employee Count
218
Turnover
£39,014,000
EBITDA
£2,108,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 April 1998
Nature of Business
65120 - Non-life insurance
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
83%
31-60 Days
10%
After 60 Days
7%
Not Paid Within Terms17%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202317 Jan 20242483%10%7%17%
01 Jan 2023 - 30 Jun 202310 Jul 20232780%13%7%20%
01 Jan 2022 - 30 Jun 202230 Jun 20223068%27%5%32%
01 Jan 2021 - 30 Jun 202129 Jul 20213553%39%8%47%
01 Jan 2019 - 30 Jun 201930 Jul 20193468%21%11%32%
01 Jul 2018 - 31 Dec 201825 Jan 20193362%27%11%38%
01 Jan 2018 - 30 Jun 201826 Jul 20183667%21%12%33%

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

Our standard payment terms are 30 days.

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

45

Dispute Resolution Process

Suppliers can contact the Aetna accounts payable team on AGBAccountsPayable@aetna.com with any questions relating to payments. Aetna seeks to answer such questions and resolve any payment dispute by amicable good faith

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

AETNA GLOBAL BENEFITS (UK) LIMITED is a multinational insurance company that provides a wide range of health and wellness benefits to individuals and businesses around the world. The company is committed to sustainability and has implemented various initiatives to support environmental, social, and governance practices.

Their sustainability program includes reducing their carbon footprint through energy-efficient practices and promoting eco-friendly transportation options for employees. AETNA GLOBAL BENEFITS (UK) LIMITED also supports various community projects and charities through their Aetna Foundation.

Their products and services include health insurance plans, wellness programs, and employee benefits packages. They offer customized solutions for both individuals and businesses, with a focus on promoting overall health and well-being.

The key people at AETNA GLOBAL BENEFITS (UK) LIMITED include their CEO, Karen S. Lynch, and their Managing Director, Richard di Benedetto. They have a team of experienced professionals who are dedicated to providing excellent customer service and innovative solutions for their clients.

Their website address is www.aetnaglobalbenefits.com and their registered office address is 20 Fenchurch Street, London, EC3M 3AZ, United Kingdom. Overall, AETNA GLOBAL BENEFITS (UK) LIMITED is a reputable and sustainable company that prioritizes the health and wellness of their clients while also being socially responsible.

Financial Metrics

Cash
£17,628,130
Net Worth
£2,992,789
Total Current Assets
£21,679,614
Total Current Liabilities
£18,686,825

Company Location