PARTNERSHIP LIFE ASSURANCE COMPANY LIMITED

Company Information

Company Number
05465261
Registered Address
Enterprise House, Bancroft Road, Reigate, England, RH2 7RP
Status
Active
Employee Count
0.0
Turnover
45200000.0
EBITDA
-175900000.0

Additional Details

Company Type
Private limited Company
Incorporated On
26 May 2005
Nature of Business
65110 - Life insurance$65300 - Pension funding
Industries
Financial Services
Region
South East

Company Location

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Financial Metrics

Cash
£103,300,000.00
Net Worth
£312,400,000.00
Total Current Assets
£5,733,100,000.00
Total Current Liabilities
£5,399,200,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 2024
01 Jul 2021 - 31 Dec 202128 Jan 20220100%0%0%0%
01 Jan 2021 - 30 Jun 202129 Jul 20210100%0%0%0%
01 Jul 2020 - 31 Dec 202029 Jan 2021
01 Jan 2020 - 30 Jun 202015 Jul 2020
01 Jul 2019 - 31 Dec 201917 Jan 2020494%3%3%6%
01 Jan 2019 - 30 Jun 201930 Jul 2019697%1%2%3%
01 Jan 2018 - 31 Dec 201831 Jan 20192280%16%5%20%
01 Jan 2018 - 30 Jun 201825 Jul 2018

Company Summary

Partnership Life Assurance Company Limited is a British insurance company that offers a range of financial products and services to its customers

The company was founded in 1995 and is headquartered in London

One of the key focuses of Partnership Life Assurance is sustainability

The company has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources and promoting recycling and waste reduction

They also support various charitable and community initiatives to give back to society

The company offers a variety of life insurance products, including term and whole life insurance, as well as pension and investment plans

These products are designed to meet the specific financial needs and goals of their customers

Some of the key people leading the company include CEO Steve Groves and Chairman Ian Owen

The company also has a team of experienced and knowledgeable advisors who work closely with customers to provide personalized financial solutions

Partnership Life Assurance Company Limited can be reached through their website, where customers can find information about their products and services, as well as contact details for support and enquiries

The registered office address for the company is 1 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4UA

Company Review

Trend Analysis

The average time to pay for Partnership Life Assurance Company Limited has significantly decreased over the three periods, from 22 days in the first period to 6 days in the second period and finally to 4 days in the third period. This shows a positive trend towards paying invoices earlier.

Volatility Analysis

The company's volatility in paying invoices has also decreased over the three periods. In the first period, 20% of invoices were not paid within agreed terms, while in the second and third periods, this number decreased to 3% and 6%, respectively. This indicates a more consistent and timely payment pattern.

Summary Analysis

In the first period (Jan 2018 - Dec 2018), the average time to pay for Partnership Life Assurance Company Limited was 22 days. 80% of invoices were paid within 30 days, 16% were paid between 31 and 60 days, and 5% were paid later than 60 days. 20% of invoices were not paid within agreed terms.