SHELL PENSION RESERVE COMPANY UK LIMITED
Company Details
Registration Number
08901312
Registered Address
Shell Centre London SE1 7NA
Company Status
Active
Employee Count
0
Turnover
£124,483,000
EBITDA
£117,111,000
Additional Information
Website
shell.co.ukCompany Type
Private limited Company
Incorporated on
19 February 2014
Nature of Business (SIC)
65300 - Pension funding
Industries
Budgeting and financial management, Wealth, asset and investment management
Region
LondonCompany Location
Financial Overview
£494,056
£738,740,196
Last Reporting Period
Filed
30 Jul 2020
Period
01 Jan 2020 - 30 Jun 2020
Payment Timing
Average Time to Pay
0 days
Payment Periods
Shortest
0 days
Longest
0 days
Max Contractual
0 days
Payment Timeline
Not Paid Within Terms
0%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 28 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Company Summary
SHELL PENSION RESERVE COMPANY (UK) LIMITED is a subsidiary of the global energy company, Royal Dutch Shell
It is responsible for managing the pension funds of Shell employees in the UK, ensuring their financial security in retirement
As part of their sustainability program, the company is committed to responsible and ethical investing, taking into account environmental, social and governance factors
They also promote diversity and inclusion within their workforce and have set targets for increasing the representation of women and minorities in senior roles
The company's main product is the Shell Pension Plan, which offers retirement benefits to employees based on their years of service and salary
They also provide various online tools and resources to help employees plan for their retirement
The key people at Shell Pension Reserve Company (UK) Limited include the Chairman, Colin Crooks, and the Managing Director, David Mitchell
They are supported by a team of experienced professionals who oversee the management of the pension funds and ensure the company operates in the best interest of its members
The registered office address for Shell Pension Reserve Company (UK) Limited is Shell Centre, London SE1 7NA
Their website, www.shell.com/pensions, provides information on the company, its services, and resources for pension plan members
In conclusion, Shell Pension Reserve Company (UK) Limited is a responsible and sustainable company that provides retirement benefits to Shell employees in the UK
They are committed to ethical investing and promoting diversity and inclusion, and their main product is the Shell Pension Plan
Company Review
Trend Analysis
The data shows a consistent trend for SHELL PENSION RESERVE COMPANY (UK) LIMITED to pay their invoices within agreed terms, with the percentage of invoices paid within 30 days increasing over time.
Volatility Analysis
The data does not show any significant volatility, with the average time to pay remaining relatively consistent and the percentage of invoices paid within 30 days showing a gradual increase over time.
Summary Analysis
From Jan 2018 to Jun 2020, SHELL PENSION RESERVE COMPANY (UK) LIMITED consistently paid their invoices within agreed terms, with an average time to pay of 0 days. The percentage of invoices paid within 30 days increased from 0% in Jan 2018 to 100% in Jun 2020, highlighting a positive trend towards early payment.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Not specified
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
Not specified
Dispute Resolution Process
Not specified
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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