PENSION INSURANCE CORPORATION GROUP LIMITED
Company Information
- Company Number
- 09740110
- Registered Address
- 14 Cornhill, London, United Kingdom, EC3V 3ND
- Status
- Active
- Employee Count
- 604
- Turnover
- £193,000,000
- EBITDA
- £495,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 August 2015
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
The data for PENSION INSURANCE CORPORATION GROUP LIMITED shows a consistent trend of paying invoices within agreed terms over the past three periods. The percentages for invoices paid within 30 days and between 31 and 60 days have remained relatively stable, with only minor fluctuations. However, there has been a slight increase in the percentage of invoices paid later than 60 days over the past three periods.
Volatility Analysis
There is low volatility in the data for PENSION INSURANCE CORPORATION GROUP LIMITED, with minimal changes in the average time to pay and the percentages of invoices paid within different time frames. However, there has been a slight increase in the percentage of invoices not paid within agreed terms in the most recent period.
Summary Analysis
The data for PENSION INSURANCE CORPORATION GROUP LIMITED shows that the average time to pay invoices has remained consistent over the past three periods, with a slight increase in the most recent period. The company has consistently paid the majority of their invoices within the agreed terms, with the percentages of invoices paid within 30 days and between 31 and 60 days remaining stable. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period. The company has also experienced a slight increase in the percentage of invoices not paid within agreed terms in the most recent period.
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 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 |
Payment Time Trends
Payment Distribution Trends
Company Summary
Pension Insurance Corporation Group Limited (PIC) is a leading provider of pension insurance and risk management solutions in the UK. The company was founded in 2006 and is headquartered in London.
PIC's main activity is to provide insurance solutions to pension schemes in order to protect their members' benefits. They also offer risk management services to help pension schemes manage their financial risks.
In terms of sustainability, PIC has a strong commitment to environmental, social and governance (ESG) factors. They have a dedicated sustainability team that works to integrate ESG principles into their business practices. PIC also has a sustainability policy in place which sets out their goals and commitments in terms of sustainability.
The company's products and services include bulk annuities, where they take over the pension scheme liabilities from the sponsoring employer, and defined benefit de-risking solutions, where they help pension schemes manage their risks through various strategies.
PIC's key people include co-founders Edmund Truell and Eddie Davies, who are both highly experienced in the pensions industry. They also have a board of directors and a senior management team with extensive knowledge and expertise in the field.
For more information on PIC and their products and services, you can visit their website at www.pensioncorporation.com. Their registered office address is 14 Cornhill, London EC3V 3ND, United Kingdom.
