The average time taken for PSA GROUP UK PENSION PLAN TRUSTEE LIMITED to pay invoices has decreased over the past three periods, from 22.0 days in the first period to 16.3 days in the second period and then slightly increased to 18.4 days in the third period.
The percentage of invoices paid within 30 days has remained relatively stable, with a high of 82.0% in the second period and a low of 78.0% in the third period. The percentage of invoices paid between 31 and 60 days has also remained consistent, ranging from 14.0% to 17.0%. However, there was a slight increase in the percentage of invoices paid later than 60 days in the third period, reaching 5.0% compared to 4.0% in the second period.
In the first period, PSA GROUP UK PENSION PLAN TRUSTEE LIMITED took an average of 22.0 days to pay invoices, with 80.0% of invoices paid within 30 days, 15.0% paid between 31 and 60 days, and 5.0% paid later than 60 days. There were no invoices not paid within agreed terms. The shortest (or only) standard payment period was 60 days.
| 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 2018 - 30 Jun 2018 | 27 Jul 2018 |
PSA Group UK Pension Plan Trustee Limited is a dormant trustee company registered in Coventry that acts as the corporate trustee of a UK pension scheme, in line with its SIC classification for pension funding. It was previously named Citroen UK Pension Scheme Trustee Limited and Citroen UK Pension Trustee Limited before adopting its current name. Companies House filings show it as dormant, filing only nil-activity accounts, with its persons with significant control being Citroen UK Limited and, more recently, Stellantis UK Limited. This indicates it exists solely to hold trusteeship duties for a pension scheme connected to the Citroen and wider Stellantis (formerly PSA Group) UK vehicle business, rather than to trade in its own right.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk