The trend for Scottish Equitable PLC in terms of average time to pay invoices appears to be fluctuating over the past few periods. In 2018, the average time to pay was not recorded. In 2019, it was 0 days, indicating that invoices were paid within the agreed terms. However, in 2020, the average time to pay increased to 30 days, and in 2021 it decreased to 15 days. This shows that there has been some variation in the time taken for Scottish Equitable PLC to pay invoices, but overall, they have been able to pay within the agreed terms.
The volatility for Scottish Equitable PLC in terms of paying invoices within 30 days is low, as the percentage has remained consistent at 100% for the past few periods. However, there has been some fluctuation in the percentages for invoices paid between 31 and 60 days, as well as invoices paid later than 60 days. In 2019, 100% of invoices were paid within 30 days, but in 2020 that percentage decreased to 90%. In 2021, it increased to 100% again. This indicates that there may have been some challenges in paying invoices within 30 days in 2020, but the company was able to improve in the following period.
In the past three periods, Scottish Equitable PLC has been able to pay invoices within the agreed terms, with an average time to pay of 15 days in 2021. There has also been a consistent trend of 100% of invoices being paid within 30 days. However, there has been some fluctuation in the percentages for invoices paid between 31 and 60 days, with a decrease in 2020 and an increase in 2021. The worst period for Scottish Equitable PLC was in 2020, where 10% of invoices were paid later than 60 days. Overall, the company has been able to maintain a good track record of paying invoices on time and within the agreed terms.
| 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 | 25 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 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 | 15 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Scottish Equitable Plc is a life insurance company registered in Scotland, with its registered office at an Aegon-named site in Edinburgh Park, Edinburgh. Its registered activity, under SIC code 65110, is life insurance. The company's address indicates it operates as part of the Aegon group, though the specific products and services it currently offers are not detailed in the available evidence. No further operational detail, such as customer base or product lines, is confirmed by the supplied evidence.
Generated from the company's website and Companies House records.