The average time to pay for SCOTTISH WIDOWS FINANCIAL SERVICES HOLDINGS has remained relatively stable over the past three periods, with a slight decrease from 2018-2019 and a slight increase from 2020-2021. The percentage of invoices paid within 30 days has also remained consistent, while the percentage paid between 31-60 days has increased slightly over the three periods. The biggest change can be seen in the percentage of invoices paid later than 60 days, which has decreased significantly from 2018-2019 to 2020-2021.
The volatility for SCOTTISH WIDOWS FINANCIAL SERVICES HOLDINGS appears to be low, as there are no major changes in any of the data points over the past three periods. The only notable change is the decrease in the percentage of invoices paid later than 60 days from 2018-2019 to 2020-2021.
When looking at the data for SCOTTISH WIDOWS FINANCIAL SERVICES HOLDINGS over the past three periods (2018-2021), there has been a slight increase in the average time to pay and the percentage of invoices paid between 31-60 days. However, there has been a significant improvement in the percentage of invoices paid later than 60 days, which has decreased from 2020-2021. This shows a positive trend towards early payment and meeting agreed payment 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 | 30 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 28 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 | 28 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 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 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 |
Scottish Widows Financial Services Holdings is a holding company registered in Edinburgh, classified under head office activities. It sits within the wider Scottish Widows group, part of Lloyds Banking Group, which trades as Scottish Widows and provides pensions, investments and life insurance to customers across the UK. The group's own site describes it as offering pension, life insurance and investment products, and states it has been helping people plan financially since 1815. As a holding entity, the registered company itself does not directly sell these products but forms part of the corporate structure supporting the group's financial services operations.
Generated from the company's website and Companies House records. Sources: scottishwidows.co.uk · scottishwidows.co.uk