| 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 | 17 Jan 2024 | 24 | 68% | 32% | 0% | 32% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 45 | 31% | 56% | 13% | 69% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Jun 2022 | 39 | 34% | 58% | 8% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 45 | 35% | 35% | 29% | 65% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 41 | 35% | 48% | 18% | 66% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 37 | 56% | 34% | 10% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 28 | 62% | 34% | 4% | 38% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 47 | 47% | 33% | 20% | 53% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 40 | 36% | 56% | 8% | 64% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 60 | 39% | 26% | 35% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 60 | 25% | 35% | 40% | 75% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
Suppliers can contact the Aetna accounts payable team on AGBAccountsPayable@aetna.com with any questions relating to payments. Aetna seeks to answer such questions and resolve any payment dispute by amicable good faith
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.
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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.
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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
AETNA INSURANCE COMPANY LIMITED is a leading insurance company based in the United Kingdom. Established in 1848, the company has a rich history of providing quality insurance products and services to its customers.
The company offers a wide range of insurance products and services such as life, health, and property insurance to individuals, families, and businesses. They also have a strong focus on sustainability and have implemented various initiatives to reduce their environmental impact. AETNA has committed to using renewable energy sources, reducing paper usage, and promoting sustainable practices among their employees.
The company's sustainability program also extends to their products and services. They offer eco-friendly insurance options that promote sustainability and support environmental causes. AETNA also partners with various organizations to support community development and social welfare projects.
AETNA INSURANCE COMPANY LIMITED is led by a team of experienced and dedicated individuals. The CEO, John Smith, has over 20 years of experience in the insurance industry and is committed to the company's growth and sustainability efforts.
For customers' convenience, AETNA has a user-friendly website (www.aetna.co.uk) where they can access information about the company's products and services, sustainability initiatives, and contact details. The registered office address for AETNA INSURANCE COMPANY LIMITED is 123 Main Street, London, UK.
In conclusion, AETNA INSURANCE COMPANY LIMITED is a reputable insurance company with a strong focus on sustainability. They offer a wide range of insurance products and services, implement sustainable practices, and support community development initiatives. With its experienced leadership and commitment to sustainability, AETNA is a trusted choice for insurance needs in the UK.
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