LEGAL & GENERAL INVESTMENT MANAGEMENT (HOLDINGS) LIMITED
Company Information
- Company Number
- 04303322
- Registered Address
- One Coleman Street, London, EC2R 5AA
- Status
- Active
- Employee Count
- 1,767
- Turnover
- £636,100,000
- EBITDA
- £163,700,000
Additional Details
- Website
- https://lgim.com
- Company Type
- Private limited Company
- Incorporated On
- 11 October 2001
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2021 - 30 Jun 2021 | 24 Sept 2021 | 30 | 89% | 6% | 5% | 4% |
| 01 Jul 2020 - 31 Dec 2020 | 24 Sept 2021 | 28 | 91% | 4% | 5% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Jul 2019 | 27 | 86% | 7% | 7% | 4% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Jul 2019 | 29 | 88% | 7% | 5% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 28 Jul 2018 | 27 | 86% | 8% | 6% | 4% |
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
5 / 14 / 28 days - standard length is 30 days for most suppliers
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
30
Dispute Resolution Process
Divisional contacts within the business liaise directly with suppliers to resolve issues, with Accounts Payable being the main contact for queries regarding unpaid invoices / late payment etc.
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
Legal & General Investment Management (Holdings) Limited is a leading investment management company based in London, United Kingdom. It is part of the Legal & General Group, a multinational financial services company.
The company offers a range of investment services, including asset management, wealth management, and financial advice. Their products and services cater to both retail and institutional clients, with a focus on long-term investments and sustainable growth.
One of Legal & General Investment Management's key initiatives is their sustainability program. The company is committed to investing in sustainable and responsible businesses, as well as engaging with companies to improve their sustainability practices. They also actively engage with policymakers and regulators to drive positive change in the industry.
The company is led by a team of experienced executives, including CEO Michelle Scrimgeour and Chairman Sir John Kingman. They have a strong track record of delivering positive financial results and driving sustainable growth for their clients.
Legal & General Investment Management's website (www.lgim.com) provides detailed information about their products and services, as well as their sustainability program. Their registered office address is One Coleman Street, London, EC2R 5AA, United Kingdom.
In summary, Legal & General Investment Management (Holdings) Limited is a reputable investment management company with a focus on sustainable and responsible investments. They offer a range of services to both retail and institutional clients and are committed to driving positive change in the industry.
