SCOTTISH EQUITABLE PLC

Company Information

Company Number
SC144517
Registered Address
Aegon Lochside Crescent, Edinburgh Park, Edinburgh, Scotland, EH12 9SE
Status
Active
Employee Count
0
Turnover
£194,000,000
EBITDA
£75,000,000

Additional Details

Company Type
Public limited Company
Incorporated On
14 May 1993
Nature of Business
65110 - Life insurance
Industries
Financial Services
Region
Scotland

Company Review

Trend Analysis

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.

Volatility Analysis

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.

Summary Analysis

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.

Performance Reports History

Reporting Period Filed: 2024-01-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202325 Jan 2024
01 Jan 2023 - 30 Jun 202319 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202131 Jan 2022
01 Jan 2021 - 30 Jun 202115 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jan 2020 - 30 Jun 202029 Jul 2020
01 Jul 2019 - 31 Dec 201928 Jan 2020
01 Jan 2019 - 30 Jun 201912 Jul 2019
01 Jul 2018 - 31 Dec 201831 Jan 2019
01 Jan 2018 - 30 Jun 201827 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

Scottish Equitable PLC is a financial services company based in the United Kingdom. The company offers a wide range of products and services, including pensions, investments, and life insurance.

As part of their sustainability program, Scottish Equitable PLC is committed to minimizing their environmental impact and promoting sustainable business practices. They have implemented measures such as reducing paper usage, promoting recycling, and using renewable energy sources. The company also supports various charitable and community initiatives to give back to society.

The company's key people include CEO David Nish, who has over 30 years of experience in the financial industry. He is supported by a team of experienced professionals who are dedicated to providing quality services to their clients.

Scottish Equitable PLC can be contacted through their website, which provides information on their products and services, as well as helpful resources for customers. Their registered office address is 1 Lochside Crescent, Edinburgh Park, Edinburgh, EH12 9SE.

Overall, Scottish Equitable PLC is a reputable financial company that not only provides quality products and services, but also places a strong emphasis on sustainability and giving back to the community.

Financial Metrics

Cash
£53,000,000
Net Worth
£662,900,000
Total Current Assets
£81,950,500,000
Total Current Liabilities
£82,089,500,000

Company Location