PRUDENTIAL CORPORATION HOLDINGS LIMITED
Company number: 01404713
Reporting period:
1 July 2024 to
31 December 2024
This report was filed on 29 January 2025
and approved by Gwyn Thomas
Payment statistics
Average time taken to pay invoices: 253 days
Invoices paid:
- in 61 days or more: 100%
Invoices due but not paid within agreed terms: 100%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
Prudential Corporation Holdings Limited’s standard payment terms for all qualifying contracts are payments within 60 days after the invoice date.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
Prudential Corporation Holdings Limited is an intermediate holding company within the Prudential plc group of companies. The standard payment terms apply to invoices from other companies within the Prudential plc group.
Dispute resolution process
Prudential Corporation Holdings Limited seeks amicable resolution of any supplier invoice disputes or escalations. Any supplier communication including any dispute or escalations should be sent in the first instance to GHO.Procurement@prudentialplc.com.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No