There is not enough data to determine a clear trend as only four periods are provided.
The data for MGM ADVANTAGE LIFE LIMITED shows a high level of volatility as the company has not consistently reported data for each period and there are significant differences in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days.
For the periods of 2018-01-01 to 2018-06-30, 2018-07-01 to 2018-12-31, and 2019-01-01 to 2019-06-30, MGM ADVANTAGE LIFE LIMITED did not report any data on the time taken to pay invoices to suppliers. For the period of 2019-07-01 to 2019-12-31, the company reported an average time to pay of N/A, meaning the data was not available. The "Invoices paid later than 60 days" was reported as N/A for all periods, indicating that the company did not have any invoices paid later than 60 days during these periods.
| 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 2019 - 31 Dec 2019 | 06 Feb 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Sept 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 20 Feb 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 |
MGM Advantage Life Limited is a life insurance company registered in England, operating under the trading name Retirement Advantage. Its registered activity, under SIC code 65110, is life insurance. The company is based at Canada Life Place in Potters Bar and is recorded as active on the Companies House register. Financial data shows the company holding net worth of over eight million pounds and current assets exceeding eleven million pounds. No employee count is recorded, suggesting the entity may operate as part of a wider insurance group structure rather than as a standalone operational business.
Generated from the company's website and Companies House records. Sources: paymentcheck.co.uk