ROTHESAY LIFE PLC
Company Information
- Company Number
- 06127279
- Registered Address
- The Post Building, 100 Museum Street, London, United Kingdom, WC1A 1PB
- Status
- Active
- Employee Count
- 460
- Turnover
- £420,000,000
- EBITDA
- £1,420,000,000
Additional Details
- Website
- https://rothesaylife.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 26 February 2007
- Nature of Business
- 65110 - Life insurance
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 15 Jul 2025 | 15 | 91% | 8% | 1% | 16% |
| 01 Jul 2024 - 30 Dec 2024 | 18 Jan 2025 | 16 | 92% | 7% | 1% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 15 | 91% | 8% | 1% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 17 | 90% | 9% | 1% | 21% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Jan 2023 | 16 | 94% | 6% | 1% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 13 | 97% | 3% | 0% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 12 | 96% | 3% | 1% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 11 | 97% | 2% | 1% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 16 | 90% | 5% | 4% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 13 | 94% | 5% | 1% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 12 | 97% | 2% | 1% | 8% |
| 01 Jul 2018 - 30 Dec 2018 | 22 Jan 2019 | 11 | 96% | 4% | 0% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 14 | 94% | 5% | 1% | 12% |
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
Rothesay does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations although we do encourage all third party owners to agree payment terms that are 28 days or more. Although we are aware this may not always be possible
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NA
Maximum contractual payment period agreed
45
Dispute Resolution Process
Disputes are resolved by negotiation by involving the third party, third party owner and accounts payable
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
Rothesay Life PLC is a leading provider of pension risk transfer solutions in the UK. They specialize in buying and managing pension schemes for companies and individuals. The company was founded in 2007 and has since become one of the largest providers in the market.
Sustainability is a key focus for Rothesay Life PLC, as they recognize the impact their business has on society and the environment. They have a comprehensive sustainability program in place, which includes reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities through charitable initiatives.
The company's main product is pension risk transfer, which involves taking over the management and payment of pension schemes from companies. This allows companies to offload the financial risk and responsibility of managing their pension schemes, while ensuring their employees' pensions are secure. Rothesay Life PLC also offers annuities for individuals, providing them with a guaranteed income for life.
The key people at Rothesay Life PLC include CEO Addy Loudiadis and Chairman Sir Howard Davies. They lead a team of experienced executives and pension experts who are dedicated to providing high-quality services to their clients.
The company's website address is www.rothesaylife.com, where individuals and companies can find more information about their products and services. Their registered office address is 2nd Floor, 20 Old Bailey, London, EC4M 7LN.
In summary, Rothesay Life PLC is a reputable company that offers sustainable pension risk transfer solutions to companies and individuals. They have a strong focus on sustainability and are led by a team of experienced professionals. With their commitment to providing quality services, they have become a trusted name in the pension market in the UK.
