AEGON UK CORPORATE SERVICES LIMITED
Company Information
- Company Number
- SC170062
- Registered Address
- Aegon Lochside Crescent, Edinburgh Park, Edinburgh, Scotland, EH12 9SE
- Status
- Active
- Employee Count
- 2,267
- Turnover
- £515,745,000
- EBITDA
- £3,636,000
Additional Details
- Website
- https://aegon.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 21 November 1996
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 32 | 87% | 10% | 3% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 35 | 83% | 10% | 7% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 32 | 90% | 7% | 3% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 39 | 88% | 9% | 4% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 37 | 85% | 8% | 7% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 34 | 89% | 7% | 5% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | 34 | 87% | 8% | 5% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 38 | 77% | 14% | 9% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 37 | 77% | 14% | 10% | 28% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Jul 2019 | 37 | 75% | 14% | 10% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 85% | 11% | 4% | 29% |
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
It is the Group’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Group normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Aegon UK Corporate Services Limited (SC170062) is the only qualifying company under its parent Aegon UK Group PLC for which a full report has been provided. Aegon UK plc (03679296), Cofunds Limited (03965289) and Scottish Equitable plc (SC144517) are all qualifying companies but have no qualifying contracts, with all invoices paid by Aegon UK Corporate Services Limited.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would be escalated to the contract relationship manager.
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
AEGON UK CORPORATE SERVICES LIMITED is a subsidiary of AEGON N.V., a multinational life insurance, pensions, and asset management company. The company provides a range of services to support the UK business of AEGON, including finance, risk management, and human resources.
In terms of sustainability, AEGON UK CORPORATE SERVICES LIMITED has implemented a comprehensive sustainability program that focuses on reducing its environmental impact, promoting diversity and inclusion, and supporting local communities. The company has set targets to reduce its carbon emissions and increase the use of renewable energy sources. It also promotes a diverse and inclusive workplace culture and encourages employee volunteering and charitable giving.
As a financial services company, AEGON UK CORPORATE SERVICES LIMITED offers a range of products and services, including life insurance, pensions, and investment solutions for individuals and businesses. The company also provides corporate pension solutions for employers and employee benefits programs.
The key people at AEGON UK CORPORATE SERVICES LIMITED include Mark Till, CEO of AEGON UK, and Mark Chidley, Managing Director of Corporate Services. The company's contact information can be found on their website, including their registered office address in Edinburgh.
Overall, AEGON UK CORPORATE SERVICES LIMITED is committed to sustainability and offers a range of financial products and services to support individuals and businesses in the UK.
