The data for Phoenix Unit Trust Managers Limited shows a consistent trend of paying invoices within agreed terms, with a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days over the past three periods. There is also a slight increase in the average time taken to pay invoices.
The data for Phoenix Unit Trust Managers Limited shows a low level of volatility, with minimal changes in the percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days over the past three periods. However, there is a slight increase in the average time taken to pay invoices, indicating a slight increase in volatility in this aspect.
From Jan 2019 to Dec 2020, Phoenix Unit Trust Managers Limited has maintained an average time to pay of approximately the same length. However, there has been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. The company has also consistently paid less than 5% of their invoices later than 60 days.
| 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 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 |
Phoenix Unit Trust Managers Limited is a registered company whose stated business activity (SIC 64302) is the operation of unit trusts. It forms part of the wider Phoenix Group, whose main UK-facing brand is Standard Life, a retirement specialist focused on retirement savings and income. The group manages long-term savings, pensions and investment products across brands including Standard Life, Phoenix Life, ReAssure, Phoenix Wealth and SunLife, and administers assets on behalf of millions of customers. Phoenix Unit Trust Managers Limited's own registered role sits within this group structure as the entity through which certain unit trust arrangements are managed, rather than as the group's public-facing retail brand.
Generated from the company's website and Companies House records. Sources: thephoenixgroup.com · thephoenixgroup.com