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-registered financial intermediation company, incorporated in 2000 and now based in London. It has previously traded under the names Consolidated Funds Limited, Advisory Fund Service Limited and Halerent Limited. Its officers correspond via an Aegon registered address in Edinburgh, indicating that it operates as part of the Aegon corporate group rather than as an independent trading business. Companies House records classify its nature of business under financial intermediation activity not otherwise classified, consistent with a role providing fund or platform-related financial services within that group structure. The company remains active, filing accounts and confirmation statements as required, though the evidence available does not describe specific products offered directly to end customers.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk