SCOTTISH WIDOWS SCHRODER PERSONAL WEALTH LIMITED

PaymentCheck Score 2025
94Excellent
2.1vs last year
#613 in UK
#127 in Financial Services
#293 in London

Company Information

Company Number
11722983
Registered Address
25 Gresham Street, London, United Kingdom, EC2V 7HN
Status
Active
Employee Count
793
Turnover
£100,225,000
EBITDA
£448,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 December 2018
Nature of Business
70221 - Financial management
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20252495%4%1%4%
01 Jul 2024 - 31 Dec 202431 Jan 20252399%1%0%2%
01 Jan 2024 - 30 Jun 202429 Jul 20242398%2%0%3%
01 Jan 2022 - 30 Jun 202229 Jul 20222192%6%2%20%
01 Jul 2021 - 31 Dec 202128 Jan 20222286%11%3%23%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Scottish Widows Schroder Personal Wealth agrees suitable terms of payment with suppliers on an individual basis for transactions and abides by those terms based on the correct submission of invoices

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Suppliers can contact the dedicated accounts payable team (finance@spw.com). Colleagues would seek to deal with any disputes promptly in accordance with the terms of the relevant contract

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.

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.

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.

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?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

Scottish Widows Schroder Personal Wealth Limited is a leading wealth management company based in Scotland. They offer a range of financial products and services to help individuals and businesses achieve their financial goals.

Their sustainability program focuses on responsible investing, with a commitment to considering environmental, social, and governance factors in their investment decisions. They also have a strong focus on diversity and inclusion, both within their own workforce and in the companies they invest in.

The company offers a range of products and services including investment management, financial planning, and retirement planning. They also provide guidance on tax planning and inheritance planning.

Key people at Scottish Widows Schroder Personal Wealth Limited include the CEO, Peter Glancy, who has over 25 years of experience in the financial industry, and the Head of Investments, Iain McGowan, who has over 20 years of experience in the investment management sector.

Their website, www.scottishwidows.co.uk, provides information on their products and services, as well as resources for financial education and planning. They also have a customer service team available to answer any questions and provide support.

The registered office address for Scottish Widows Schroder Personal Wealth Limited is 20 Cathedral Square, Glasgow, G4 0RN. They also have offices in Edinburgh and London, as well as a network of financial advisers across the UK.

Financial Metrics

Cash
£50,720,000
Net Worth
£55,048,000
Total Current Assets
£75,969,000
Total Current Liabilities
£26,281,000

Company Location