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
- Turnover
- £45,200,000
- EBITDA
- -£175,900,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 May 2005
- Nature of Business
- 65110 - Life insurance65300 - Pension funding
- Industries
- Financial Services
- Region
- South East
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.
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 0 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 0 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 17 Jan 2020 | 4 | 94% | 3% | 3% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 6 | 97% | 1% | 2% | 3% |
| 01 Jan 2018 - 31 Dec 2018 | 31 Jan 2019 | 22 | 80% | 16% | 5% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
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.
