The data for COFUNDS LIMITED shows a consistent trend of increasing average time to pay invoices over the past five years. This trend is also reflected in the percentage of invoices paid within 30 days, which has steadily decreased over the same time period. However, there has been a slight improvement in the percentage of invoices paid between 31 and 60 days in the most recent period.
There is some volatility in the data for COFUNDS LIMITED, with fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. However, the overall trend of increasing average time to pay suggests a lack of consistency and potential issues with payment processes.
Looking at the past three periods (2021-2023), there has been a steady increase in the average time to pay for COFUNDS LIMITED, with the longest average time to pay in 2023 at 61.5 days. This is a significant increase compared to the shortest average time to pay in 2021 at 54.8 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 2023 - 31 Dec 2023 | 25 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
COFUNDS LIMITED is a UK-based investment company that offers a range of services to financial advisers, institutions, and individual investors. Founded in 2001, the company has established itself as a leading platform for investment and pension services.
One of the key activities of COFUNDS LIMITED is providing a platform for financial advisers to manage their clients' investments. This service allows advisers to easily access a wide range of funds, manage client accounts, and carry out transactions on behalf of their clients.
In terms of sustainability, COFUNDS LIMITED is committed to responsible investing and has developed a sustainability program to promote ethical and sustainable investments. The company offers a range of sustainable investment options, such as ethical funds, socially responsible funds, and environmentally friendly funds. They also have a dedicated team that regularly reviews and monitors the sustainability of their investment offerings.
COFUNDS LIMITED also offers a range of pension services, including personal pension plans and self-invested personal pensions (SIPPs). These products are designed to help individuals save for their retirement and provide them with options for managing their pension funds.
The company is led by a team of experienced professionals, including the CEO, David Hobbs, who has over 30 years of experience in the financial industry. The company's registered office address is in London, and they can be contacted through their website or by phone for any inquiries.
Overall, COFUNDS LIMITED is a reputable and innovative investment company that offers a range of services to meet the diverse needs of their clients. With a strong focus on sustainability, they are well-positioned to cater to the growing demand for responsible and ethical investments.