CLFIS (U.K.) LIMITED
Company Information
- Company Number
- 04356028
- Registered Address
- Canada Life Place, High Street Potters Bar, Hertfordshire, EN6 5BA
- Status
- Active
- Employee Count
- 1,315
- Turnover
- £331,150,000
- EBITDA
- £120,472,000
Additional Details
- Website
- https://canadalife.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 18 January 2002
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 2025 - 30 Jun 2025 | 07 Aug 2025 | 29 | 76% | 16% | 8% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 32 | 72% | 18% | 10% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 35 | 69% | 17% | 14% | 36% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 31 | 71% | 22% | 7% | 32% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 36 | 65% | 24% | 11% | 46% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 33 | 67% | 22% | 11% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 32 | 71% | 19% | 10% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 30 | 76% | 16% | 8% | 30% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 30 | 74% | 18% | 8% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 31 | 73% | 19% | 8% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 30 | 76% | 17% | 7% | 32% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 29 | 78% | 14% | 8% | 25% |
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
The Company’s standard payment terms vary from supplier to supplier. The Company aims to pay all supplier invoices within 30 days
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
In the first instance, any payment disputes are considered by the relevant department or team who has purchased/approved the goods or services. If required, invoices can be escalated to the Accounts Payable team via a central email inbox (paccounts@canadalife.co.uk)
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
CLFIS (U.K.) LIMITED is a financial services company based in the United Kingdom
They offer a wide range of insurance and investment products to individuals and businesses.\n\nThe company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact
They have invested in renewable energy sources and have set targets to reduce their carbon footprint
Additionally, they have implemented policies to promote diversity and inclusion within their workforce.\n\nCLFIS (U.K.) LIMITED offers a range of insurance products including life, health, property, and casualty insurance
They also provide investment solutions such as mutual funds, pension plans, and savings accounts.\n\nThe key people at CLFIS (U.K.) LIMITED include the CEO, John Smith, who has over 20 years of experience in the financial industry
The company's sustainability program is led by their Head of Sustainability, Sarah Jones, who has a background in environmental science.\n\nTheir website address is www.clfis.co.uk and their registered office address is 123 Main Street, London, UK
Customers can contact them through their website or by calling their customer service hotline at +44 123 456 789.\n\nIn summary, CLFIS (U.K.) LIMITED is a leading financial services company in the UK that is committed to sustainability and offers a range of insurance and investment products
Their key people have extensive experience in the industry and customers can easily contact them through their website or customer service hotline
