LEGAL & GENERAL PARTNERSHIP SERVICES LIMITED

PaymentCheck Score 2021
88Good
1.3vs last year
#1033 in UK
#225 in Financial Services
#477 in London

Company Information

Company Number
05045000
Registered Address
One Coleman Street, London, EC2R 5AA
Status
Active
Employee Count
0
Turnover
£13,322,000
EBITDA
-£2,970,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 February 2004
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services, Human Resources, Recruitment And Admin, Professional Services
Region
London

Time to Pay

Average Time to Pay
28 days
Shortest Period:5 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
92%
31-60 Days
5%
After 60 Days
3%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-12-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202124 Sept 20213089%6%5%4%
01 Jul 2020 - 31 Dec 202024 Sept 20213091%5%4%2%
01 Jan 2019 - 30 Jun 201905 Jul 20191889%7%4%3%
01 Jul 2018 - 31 Dec 201805 Jul 20191892%4%4%2%
01 Jan 2018 - 30 Jun 201828 Jul 20181594%3%3%3%

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 PARTNERSHIP SERVICES LIMITED is a UK-based company that offers a range of financial and investment services. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

The company's sustainability program includes measures to reduce carbon emissions, use renewable energy sources, and promote sustainable business practices. They have also set up a community investment fund to support local projects and charities.

LEGAL & GENERAL PARTNERSHIP SERVICES LIMITED offers a variety of products and services, including investment management, pension plans, life insurance, and mortgages. They also provide financial advice and guidance to help individuals and businesses achieve their financial goals.

The company is led by a team of experienced and knowledgeable individuals, including CEO Nigel Wilson and Chairman John Kingman. They are dedicated to providing high-quality services and promoting ethical and responsible business practices.

For contact information, the company's website is www.legalandgeneral.com. Their registered office address is One Coleman Street, London, EC2R 5AA, United Kingdom.

In summary, LEGAL & GENERAL PARTNERSHIP SERVICES LIMITED is a reputable and sustainable company that offers a range of financial services. Their commitment to sustainability, experienced leadership, and dedication to ethical business practices make them a trusted choice for individuals and businesses seeking financial solutions.

Financial Metrics

Cash
£404,000
Net Worth
£16,011,000
Total Current Assets
£65,307,000
Total Current Liabilities
£49,241,000

Company Location