PRUDENTIAL DISTRIBUTION LIMITED
Company Information
- Company Number
- SC212640
- Registered Address
- 5 Central Way, Kildean Business Park, Stirling, United Kingdom, FK8 1FT
- Status
- Active
- Employee Count
- 1,134
- Turnover
- £725,602,000
- EBITDA
- £18,658,000
Additional Details
- Website
- https://pru.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 2 November 2000
- Nature of Business
- 64999 - Financial intermediation 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 | 25 Jul 2025 | 33 | 78% | 14% | 8% | 27% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 35 | 82% | 11% | 7% | 21% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 39 | 72% | 16% | 12% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 36 | 80% | 11% | 9% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 43 | 76% | 14% | 10% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 51 | 62% | 22% | 16% | 39% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 42 | 63% | 22% | 15% | 42% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 39 | 59% | 25% | 15% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 70% | 18% | 12% | 36% |
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
To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and suppliers should include: the PO number (where relevant), M&G relevant contact, department code, bank details and payment instructions. Invoices issued without the above details may not be accepted and may be returned for amendment before being processed.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers that wish to dispute a payment received from M&G should contact the Accounts Payable team, ap.queries@mandg.com. The Accounts Payable team will consider the complaint and respond accordingly.
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
PRUDENTIAL DISTRIBUTION LIMITED is a leading financial services company based in London, United Kingdom. The company offers a wide range of products and services such as life insurance, retirement planning, investments, and asset management.
One of the key areas of focus for PRUDENTIAL DISTRIBUTION LIMITED is sustainability. The company has a robust sustainability program in place that aims to reduce its environmental impact and promote responsible business practices. This includes initiatives such as using renewable energy sources, reducing waste and carbon emissions, and promoting diversity and inclusion within the organization.
The company's products and services are designed to help customers achieve their financial goals and secure their future. This includes life insurance policies that provide financial protection to individuals and their families, retirement planning solutions that help individuals save for their retirement, and investment options to help grow their wealth.
PRUDENTIAL DISTRIBUTION LIMITED is led by a team of experienced and dedicated individuals. The key people include Mr. Mike Wells, the Group Chief Executive Officer, Mr. Mark FitzPatrick, the Chief Financial Officer, and Ms. Penny James, the Chief Risk Officer.
The company can be contacted through their website, www.prudential.co.uk, where customers can find information about their products and services, as well as access their online account. PRUDENTIAL DISTRIBUTION LIMITED's registered office address is Laurence Pountney Hill, London EC4R 0HH, United Kingdom.
In summary, PRUDENTIAL DISTRIBUTION LIMITED is a reputable financial services company in the UK, with a strong emphasis on sustainability. With a wide range of products and services and a dedicated team, the company is committed to helping customers achieve their financial goals while also contributing to a more sustainable future.
