PGIM LIMITED
Company Information
- Company Number
- 03809039
- Registered Address
- Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR
- Status
- Active
- Employee Count
- 11.0
- Turnover
- 150759000.0
- EBITDA
- 32967000.0
Additional Details
- Website
- https://pramericarei.com/
- Company Type
- Private limited Company
- Incorporated On
- 14 July 1999
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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 | 31 Jan 2024 | 51 | 72% | 13% | 15% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 30 | 78% | 14% | 8% | 22% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 30 | 80% | 11% | 10% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 25 | 73% | 14% | 13% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 25 | 80% | 13% | 7% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 30 | 77% | 12% | 12% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 37 | 73% | 12% | 14% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 25 | 78% | 13% | 9% | 22% |
| 01 Jun 2019 - 31 Dec 2019 | 30 Jan 2020 | 25 | 76% | 17% | 7% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 26 | 77% | 15% | 8% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Feb 2019 | 32 | 67% | 22% | 10% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 08 Nov 2018 | 38 | 50% | 39% | 12% | 50% |
Company Summary
PGIM Limited is a leading global investment management firm with a strong focus on sustainability
The company offers a range of products and services to help clients achieve their financial goals while also promoting environmentally responsible practices
One of PGIM Limited's key activities is providing investment management services to institutional and retail clients, including pension funds, insurance companies, and individuals
The company offers a variety of investment strategies, including equities, fixed income, real estate, and alternative investments
PGIM Limited is committed to sustainability and has implemented various initiatives to reduce its environmental footprint
This includes reducing energy consumption, promoting responsible waste management, and utilizing sustainable materials in its operations
The company's sustainability program also extends to its investment approach, with a focus on environmental, social, and governance (ESG) factors
PGIM Limited integrates ESG considerations into its investment process and offers ESG-focused products to clients
At the helm of PGIM Limited is its key people, including its CEO, David Hunt, who has over 30 years of experience in the investment management industry
The company also has a team of experienced investment professionals who are dedicated to providing innovative and sustainable solutions to clients
For more information on PGIM Limited and its products and services, individuals can visit their website at www.pgim.com
The company's registered office address is Laurence Pountney Hill, London EC4R 0HH, United Kingdom
Company Review
Trend Analysis
The average time taken for PGIM LIMITED to pay invoices has been gradually decreasing from 2018 to 2023, indicating an improvement in their payment efficiency. However, there was a slight increase in 2023 compared to the previous period.
Volatility Analysis
The volatility of the percentage of invoices paid within 30 days has been relatively low, with a range of only 8% over the 6-year period. The percentage of invoices paid between 31-60 days has also remained relatively stable, with a range of 7%. However, there has been more volatility in the percentage of invoices paid later than 60 days, with a range of 8% over the same period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Initial queries are directed to PGIM Financial Limited central Accounts Payable team based in UK. If that team is unable to resolve matters, issues are escalated to the company employee who engaged the supplier. If required, we would contact the relevant relationship manager at the supplier.
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
30
Dispute Resolution Process
Initial queries are directed to PGIM Financial Limited central Accounts Payable team based in UK. If that team is unable to resolve matters, issues are escalated to the company employee who engaged the supplier. If required, we would contact the relevant relationship manager at the supplier.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available