SCOTTISH WIDOWS GROUP LIMITED

Company Information

Company Number
SC199547
Registered Address
69 Morrison Street, Edinburgh, Midlothian, EH3 8YF
Status
Active
Employee Count
0.0
Turnover
293000000.0
EBITDA
293000000.0

Additional Details

Company Type
Private limited Company
Incorporated On
1 September 1999
Nature of Business
70100 - Activities of head offices
Industries
0
Region
East of Scotland

Company Location

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Financial Metrics

Cash
£233,579,000.00
Net Worth
£9,614,108,000.00
Total Current Assets
£10,939,671,000.00
Total Current Liabilities
£1,325,563,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Payment Time Trends

Payment Distribution Trends

Performance Reports History

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 202330 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202128 Jan 2022
01 Jan 2021 - 30 Jun 202128 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 201929 Jul 2019
01 Jul 2018 - 31 Dec 201829 Jan 2019
01 Jan 2018 - 30 Jun 201827 Jul 2018

Company Summary

Scottish Widows Group Limited is a financial services company based in Edinburgh, Scotland

It was founded in 1815 and has since become one of the leading providers of life insurance, pensions, and investment products in the UK

The company is committed to sustainability and has a comprehensive sustainability program in place

This includes responsible investment practices, reducing their carbon footprint, and supporting local communities through charitable initiatives

Their products and services include life insurance, pensions, savings and investments, and retirement planning

They offer a range of options to meet the diverse needs of their customers, from individual policies to workplace pension schemes

The key people at Scottish Widows Group Limited include Chief Executive Officer, Antonio Lorenzo, and Chairman, Lord Blackwell

They lead a team of experienced professionals who are dedicated to providing excellent customer service and financial solutions

For more information, their website address is www.scottishwidows.co.uk

Their registered office address is 69 Morrison Street, Edinburgh, EH3 8YF, United Kingdom

In conclusion, Scottish Widows Group Limited is a trusted and reputable financial services company that is committed to sustainability and providing high-quality products and services to its customers

With a strong leadership team and a focus on responsible practices, they continue to be a leader in the industry

Company Review

Trend Analysis

The average time to pay for SCOTTISH WIDOWS GROUP LIMITED has been consistent over the past three years, with an average of 30 days. However, there has been a slight increase in the percentage of invoices paid within 30 days, from 75% in 2018 to 80% in 2021. This shows that the company is making an effort to pay their invoices on time.

Volatility Analysis

There is low volatility in the payment behavior of SCOTTISH WIDOWS GROUP LIMITED, as the percentage of invoices paid within 30 days has remained consistent at around 75-80% over the past three years. However, there was a slight increase in the percentage of invoices paid later than 60 days in 2022, indicating a slight delay in payments during that period.

Summary Analysis

For the past three periods, SCOTTISH WIDOWS GROUP LIMITED has maintained an average time to pay of 30 days. The company has consistently paid a high percentage of their invoices within 30 days, with a slight increase from 75% in 2018 to 80% in 2021. However, there was a slight increase in the percentage of invoices paid later than 60 days in 2022, which was the worst period in terms of delayed payments. There is low volatility in the company's payment behavior, with consistent payment patterns over the past three years.