TXT In plain English
Company description
SCOTTISH WIDOWS SERVICES LIMITED is a UK company whose Companies House status is “Active” and whose registered company type is “Private Limited Company”. Incorporated on 29 September 1998; registered for 27 years; registered office reported in EDINBURGH, UNITED KINGDOM. Its primary declared activity is 66290 · Other activities auxiliary to insurance and pension funding.
This BritDB profile also contains linked public records: 2 PSC records. This description is assembled from public data, is not a reliability assessment, and should be checked against the cited sources before a legally significant decision.
Web facts are never added from a name match alone. Internet enrichment requires the exact Companies House ID in Wikidata, and ambiguous results are excluded.
01 Company overview
Identity and registration
- Official name
- SCOTTISH WIDOWS SERVICES LIMITED
- Company number
- SC189975
- Company type
- Private Limited Company
- Status
- Active
- Country of origin
- United Kingdom
- Dissolution date
- Not supplied
- Accounts category
- FULL
- Mortgage charges
- 0 total · 0 outstanding · 0 satisfied
- Limited partnership members
- 0 general · 0 limited
A registered office is not necessarily a trading location. The address is reproduced from the Companies House bulk record and should be interpreted in that legal context.
02 Filing dates
Accounts and statements
Last accounts made up to
31 December 2024Next accounts due
30 September 2026Last statement made up to
7 November 2025Next statement due
21 November 2026BritDB does not infer overdue status when the source does not state it.
03 Workforce reporting
Gender pay gap
- Median bonus gap
- 30.5%
- Mean bonus gap
- 30.6%
- Women receiving bonus
- 99.7%
- Men receiving bonus
- 100.0%
- Women in top quartile
- 40.2%
- Women in upper middle quartile
- 44.9%
- Women in lower middle quartile
- 53.4%
- Women in lower quartile
- 62.0%
Earlier reporting years (8)
- 1000 to 499918.6% median hourly gap
- 1000 to 499914.5% median hourly gap
- 1000 to 499914.1% median hourly gap
- 1000 to 499914.1% median hourly gap
- 1000 to 499915.0% median hourly gap
- 1000 to 499918.6% median hourly gap
- 1000 to 499917.7% median hourly gap
- 1000 to 499916.5% median hourly gap
Positive gaps mean men were paid more; negative gaps mean women were paid more. These figures are employer-reported and describe the workforce distribution, not equal pay for the same job. The company link uses the exact Companies House number supplied by the service.
04 Supplier payments
Payment practices and performance
- Reporting period
- 1 January 2026 – 30 June 2026
- Filed
- 30 July 2026
- Shortest standard term
- 30 days
- Longest standard term
- Not supplied
- E-invoicing offered
- Yes
- Supply-chain finance
- Not offered
- Payment codes
- Fair Payment Code
- Construction retentions
- No qualifying construction contracts
Complete reported payment fields
- Policy regime
- Regime-3
- Financial period started
- 1 January 2026
- Qualifying contracts
- Yes
- Payments made
- Yes
- Invoice value paid within 30 days
- £111,374,998
- Invoice value paid in 31–60 days
- £4,565,248
- Invoice value paid after 60 days
- £4,278,411
- Invoice value paid outside agreed terms
- £7,433,183
- Invoices paid in 31–60 days
- 5.0%
- Invoices unpaid due to dispute
- 0.0%
- Maximum contractual payment period
- 60 days
- Supplier-list charging policy
- No
- Supplier-list charges made
- No
Maximum contractual payment information
No differentiation, contractual period agreed per supplier
Reported terms and dispute process
- Standard payment terms
Standard payment terms are 30 days after receipt of a correct, undisputed, timely provided and properly due VAT invoice.
In some circumstances, Scottish Widows Services Limited agrees appropriate terms of payment with suppliers for each transaction or series of transactions, and abides by those terms based on the timely submission of valid invoices. - Other payment-term information
Invoice Receipt Date
We are currently only able to record the date of receipt of invoices for circa 77% of reportable invoices in this report. Where the date we receive an invoice is not available, we have reported on the date of the invoice itself, as we consider this the most justifiable alternative.
Unknown payment terms
For certain suppliers, our systems do not currently capture details of the payment terms in place under qualifying contracts with those suppliers. Therefore, for the purposes of reporting on our payment statistics for those qualifying contracts, we have assumed that all payments under those contracts are due within 30 days of the date of receipt of the invoice, which reflects our most commonly used contractual payment terms.
Discrepancy between contracting entity and paying entity
Our payment statistics include some payments made by Scottish Widows Services Limited where, although we are not the contracting entity for the relevant qualifying contract, the services have been received and paid for by Scottish Widows Services Limited.
Sufficient link to the UK
Our payment statistics may include some payments made to non-UK entities where we have been unable to ascertain whether the contract has a sufficient link to the UK to meet the criteria for reporting. It is not Scottish Widows Services Limited policy to differentiate supplier payment terms based on supplier jurisdiction and our payment practices for non-UK entities are representative of those followed for UK entities. - Dispute resolution process
Suppliers can raise queries with their appointed managers in the first instance. They can also contact the dedicated accounts payable team (LloydsInvoiceEnquiries@Lloydsbanking.com). Such contacts would generally seek to deal with any disputes promptly (involving other senior contacts, as needed), in accordance with the terms of the contract.
Earlier payment reports (11 shown)
- 10.0 average days to pay4.0% outside terms
- 12.0 average days to pay8.0% outside terms
- 12.0 average days to pay10.0% outside terms
- 15.0 average days to pay8.0% outside terms
- 14.0 average days to pay5.0% outside terms
- 13.0 average days to pay5.0% outside terms
- 12.0 average days to pay6.0% outside terms
- 15.0 average days to pay9.0% outside terms
- 18.0 average days to pay11.0% outside terms
- 18.0 average days to pay10.0% outside terms
- 17.0 average days to pay10.0% outside terms
This is a company-submitted statutory disclosure, not a credit rating. BritDB preserves the reporting period and links the report only through the Companies House number supplied by the official service. Percentages describe payments made during that period and may change in later reports.
05 Supply-chain transparency
Modern slavery statement
- Organisation
- SCOTTISH WIDOWS SERVICES LIMITED
- Group submission
- Yes
- Parent organisation
- LLOYDS BANKING GROUP PLC
- Statement period
- 1 January 2025 – 31 December 2025
- Approved
- 13 February 2026
- Sectors
- Financial, insurance and real estate activities
Organisation structure
Covered in the statement
Policies
Covered in the statement
Risk assessment
Covered in the statement
Due diligence
Covered in the statement
Training
Covered in the statement
Goals and KPIs
Covered in the statement
Full statement information supplied to the registry
- Reported turnover band
- Over £500 million
- Years producing statements
- More than 5 years
- ILO indicators included
- Not answered
- Registry record updated
- 16 February 2026
Policies described
Freedom of workers to terminate employment Freedom of movement Freedom of association Prohibits any threat of violence, harassment and intimidation Prohibits the use of worker-paid recruitment fees Prohibits compulsory overtime Prohibits child labour Prohibits discrimination Prohibits confiscation of workers' original identification documents Provides access to remedy, compensation and justice for victims of modern slavery
Training described
Your whole organisation Your front line staff Procurement staff Your suppliers
Worker engagement and working conditions
Your suppliers Trade unions or worker representative groups Civil society organisations Professional auditors Workers within your organisation Workers within your supply chain Central or local government Law enforcement, such as police, GLAA and other local labour market inspectorates Businesses in your industry or sector
Social audits
Third party audit arranged by your organisation Third party audit arranged by your supplier Unannounced audit
Grievance mechanisms
Using anonymous whistleblowing services, such as a helpline or mobile phone app Through trade unions or other worker representative groups
Actions addressing ILO indicators
Supporting investigations by relevant authorities
Demonstrated progress
• Delivery of bespoke human rights and modern slavery training and insight sharing with the Group Executive Committee and Group Board as part of the 2025 Board Training programme. • To support the design of an escalation process to report modern slavery, and in collaboration with Unseen UK, we facilitated workshops with colleagues from across the Group. We retained our Tier 2 rank in the annual CCLA modern slavery benchmark
Reported risks and mitigations
- Risk: High risk suppliers linked to sector risk in the UK i.e construction
- Area: Within your supply chains
- Tier: Tier 2 suppliers Tier 3 suppliers and below
- Group: Other vulnerable groups
- Location: United Kingdom
- Mitigation: Through collaboration with Unseen UK we carried out worker wellbeing visits across construction sites, where offices are being developed for the Group. These visits were designed to support our shared commitment to safe and inclusive environments for operatives. Interviews conducted by Unseen UK followed a structured framework aligned with International Labour Organization (ILO) indicators and the Ethical Trading Initiative (ETI) Base Code, ensuring a robust and recognised approach.
- Risk: Lending risk
- Area: Within your own operations
- Group: Migrants
- Mitigation: We enhanced our ESG risk assessment within the credit risk process by adopting a more targeted, risk-based methodology for Commercial Banking clients with direct lending relationships. This approach recognises that ESG factors, including human rights and modern slavery risks can translate into material credit, regulatory, and financial risks for our clients and therefore impact the Group.
- Risk: Modern slavery as an economic crime
- Group: Migrants Refugees Children
- Mitigation: The Group takes a proactive role in identifying potential perpetrators and the Group’s Financial intelligence Unit (GFIU) unit has made human trafficking and modern slavery a primary area of focus. The GFIU seeks to better understand the threat to the Group to make accurate and insightful assessments that inform our risk-based approach and response.
A registry entry records what the organisation declared in its statement. It is not an independent audit. Group statements can cover several companies; BritDB preserves each exact source-supplied company-number link and excludes approver names and email addresses.
06 Data protection
ICO fee-payer registration
Scottish Widows Services Limited
Registration Z6151433
- Registered from
- 4 March 2002
- Current end date
- 3 March 2027
This is a candidate association, not an official Companies House link. The ICO file supplies no company number. The organisation name and postcode uniquely matched this company in the current snapshot. BritDB excludes all DPO contact fields and does not publish unmatched personal entries.
07 Ownership and control
People with significant control
Lloyds Bank Plc
- Owns 75% or more of shares
- Controls 75% or more of voting rights
- Can appoint or remove directors
- Country registered
- England And Wales
- Legal authority
- United Kingdom (England And Wales)
- Legal form
- Public Limited Company
- Place registered
- Companies House
- Registration number
- 00002065
- Notified
- 2 May 2018
Scottish Widows Limited
- Owns 75% or more of shares
- Controls 75% or more of voting rights
- Can appoint or remove directors
- Country registered
- England And Wales
- Legal authority
- United Kingdom (England And Wales)
- Legal form
- Limited By Shares
- Place registered
- Companies House
- Registration number
- 3196171
- Notified
- 6 April 2016
- Ceased
- 2 May 2018
PSC records are company-filed public-register information. When the exact same displayed individual name occurs at multiple companies, BritDB offers a non-indexed cross-reference page. It is a name match only, not proof that the records describe the same person. Service addresses and partial dates of birth are deliberately omitted.
08 Charity register
Charity Commission links
No exact company-number link in this snapshot
The Charity Commission extract did not explicitly associate this Companies House number with a charity. BritDB does not use a name-only match to fill the gap.
This company-level check covers the Charity Commission for England and Wales. Links are accepted only when the official extract supplies this exact company registration number. Scottish charities now have separate OSCR profiles, but OSCR’s bulk fields do not provide a Companies House number, so BritDB does not infer a company link.
09 Northern Ireland charity register
CCNI exact company links
No unambiguous company-number link found
The CCNI source number did not resolve uniquely to this Companies House record. BritDB did not use a name or address match.
CCNI publishes company numbers without a jurisdiction prefix. BritDB links only when the plausible padded UK and NI candidates resolve to exactly one Companies House company.
10 Sanctions screening
UK Sanctions List
No exact business-registration-number link found
The imported UK Sanctions List did not supply this Companies House number as a UK-linked business identifier. BritDB did not attempt a name-only match.
No exact link is not sanctions clearance. UK restrictions can apply through ownership or control even where an entity is not separately named. Always use the current official list and obtain appropriate advice for a legally significant decision.
11 Public procurement
Find a Tender links
No exact GB-COH link in this snapshot
Find a Tender did not explicitly identify this Companies House number in a procurement party. BritDB did not attempt a name-only match.
These links use only the GB-COH identifier supplied in the procurement record. A company may have other public-sector work that is absent, older, below publication thresholds or published without a Companies House identifier.
12 Environmental register
Environment Agency waste registrations
No exact company-number registration linked
The licensed Environment Agency subset did not contain this exact Companies House number. BritDB did not attempt a name-only match.
This is a privacy-reduced, exact-company subset. The full official register also includes sole traders and applicants without a matching Companies House number. Check the current Environment Agency register before relying on registration status.
13 Nature of business
Standard Industrial Classification
14 Connected public record
Checks beyond the company register
Charity Commission
0 exact company-number links.
Northern Ireland charities
0 unambiguous company-number links.
Public contracts
0 procurement processes linked by exact GB-COH identifier.
Waste register
0 exact company-number registrations.
Corporate notices
The Gazette is not yet connected.
UK Sanctions List
No exact business-registration-number link in this report.
A checked source with no exact link is not a clean bill of health. Unchecked sources remain unknown, while sanctions may also apply through ownership or control of a listed person or entity.
15 Record timeline
Dates in the bulk record
- Confirmation statement
Latest confirmation statement made up to this date
- Accounts
Latest accounts made up to this date
- Incorporation
Company incorporated
16 Provenance
Sources for this profile
Identity, address, status, dates, SIC, previous names and mortgage totals.
Annual employer reports linked by the exact source-supplied Companies House number.
Statutory supplier-payment reports linked by the exact source-supplied Companies House number.
Annual statement summaries linked by exact source company number.
Privacy-reduced candidate associations based on a unique exact name-and-postcode match.
Current and ceased significant-control records joined by exact company number.
Daily England and Wales extract matched only by the official company registration number.
Daily CCNI export with company links only where the source number resolves unambiguously.
Complete FCDO list checked by exact UK-linked business registration number.
Procurement parties checked only through exact GB-COH identifiers.
Licensed subset linked only by exact Companies House number.
Financial regulation and licences.
Companies House, Charity Commission, OSCR and UK Sanctions List information is public-register data. BritDB reproduces and organises it with source-specific limits; official external links are kept on the dedicated source pages.