The time taken for Just Retirement Group Holdings Limited to pay invoices to suppliers has remained steady over the past three periods, with an average time to pay of around six months for each period. There has been a slight decrease in the percentage of invoices paid within 30 days, from 60% in 2018 to 58.3% in 2019, but this has increased to 61.7% in 2020. The percentage of invoices paid between 31 and 60 days has also remained fairly consistent, with a slight decrease from 31.7% in 2018 to 30.8% in 2019, and then an increase to 32.5% in 2020. However, there has been a significant decrease in the percentage of invoices paid later than 60 days, from 8.3% in 2018 to 5.8% in 2019, and then a further decrease to 4.2% in 2020. This shows that Just Retirement Group Holdings Limited has improved their payment process, resulting in a decrease in late payments.
The volatility in the time taken for Just Retirement Group Holdings Limited to pay invoices has been low over the past three periods, with only slight changes in the percentages of invoices paid within 30 days and between 31 and 60 days. The biggest change has been in the percentage of invoices paid later than 60 days, which has shown a steady decrease over the three periods. This indicates that the company has implemented more efficient payment processes, resulting in a more consistent payment pattern.
| 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 2020 - 30 Jun 2020 | 14 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 |
Just Retirement Group Holdings Limited is a registered UK company incorporated in 2009, currently classified under the SIC code for activities of financial services holding companies. It previously traded as Basilpark Limited and then Avalon Acquisitions Limited before adopting its current name in 2013. The company remains active, with its registered office in Reigate, Surrey. Companies House records show only officer and filing history details; no description of trading operations is given beyond its classification as a financial services holding entity. It appears to function as a holding company within a wider financial services group rather than as an operating business itself, based on its SIC classification and corporate history.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk