The average time to pay for LEGAL & GENERAL FX STRUCTURING (SPV) LIMITED has been increasing over the past three periods, with an average time to pay of 0 days in the first period (Jan 2018 - Jun 2018), 10 days in the second period (Jul 2018 - Dec 2018), and 15 days in the third period (Jan 2019 - Jun 2019).
There is a slight volatility in the percentage of invoices paid within 30 days, with a decrease from 100% in the first period to 98.3% in the second period, followed by an increase to 99.5% in the third period. However, the percentage of invoices paid between 31 and 60 days has remained consistently low at 0% in all three periods. The percentage of invoices paid later than 60 days has also shown a slight volatility, decreasing from 0% in the first period to 0.5% in the second period, and then increasing to 0.8% in the third period.
For the past three periods, LEGAL & GENERAL FX STRUCTURING (SPV) LIMITED has shown an increasing trend in the average time to pay, with a 5-day increase from the second period to the third period. The percentage of invoices paid within 30 days has slightly fluctuated, but has remained above 98%. The percentage of invoices paid later than 60 days has also shown a slight increase from the first period to the third period, with the highest percentage of 0.8% in the third period.
| 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 2022 - 30 Jun 2022 | 20 Dec 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 20 Dec 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 24 Sept 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 24 Sept 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 15 Jul 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 05 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 05 Jul 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 28 Jul 2018 |
Legal & General FX Structuring SPV Limited is a special purpose vehicle within the Legal & General group, a UK financial services group whose main business covers life insurance, pensions, retirement products and investments. Companies House records this entity's nature of business as activities auxiliary to insurance and pension funding, consistent with its name indicating a role in structuring foreign exchange arrangements to support the wider group's insurance and pension operations. It is registered in London and remains active. No separate trading activity, products or services distinct from this structuring function are described in the available evidence.
Generated from the company's website and Companies House records. Sources: legalandgeneral.com · legalandgeneral.com