THE MARINE INSURANCE COMPANY LIMITED
Company Information
- Company Number
- 00014809
- Registered Address
- St Marks Court, Chart Way, Horsham, West Sussex, RH12 1XL
- Status
- Active
- Employee Count
- 0
- Turnover
- £3,880,000
- EBITDA
- £4,537,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 January 1881
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services, Road Travel, Waterways Travel
- Region
- South East
Company Review
Trend Analysis
The average time for THE MARINE INSURANCE COMPANY LIMITED to pay invoices to suppliers has remained relatively consistent over the past three periods, with a slight increase from 2018 to 2019 and a slight decrease from 2020 to 2021. There is no significant trend indicating an improvement or decline in payment efficiency.
Volatility Analysis
The volatility in payment efficiency for THE MARINE INSURANCE COMPANY LIMITED is relatively low, with only small changes in the percentages of invoices paid within different time frames. The highest volatility was seen in 2019, with a 2.1% increase in invoices paid later than 60 days compared to the previous period.
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 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 19 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 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 31 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 | 30 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
The Marine Insurance Company Limited is a leading insurance company that specializes in marine insurance. They provide a wide range of insurance products and services to protect their clients' vessels, cargo, and other marine assets.
Their sustainability program focuses on promoting eco-friendly practices in the marine industry and minimizing the environmental impact of their operations. They have implemented various initiatives such as using renewable energy sources, reducing paper usage, and promoting sustainable fishing practices.
The company offers a variety of insurance products, including hull and machinery insurance, cargo insurance, liability insurance, and marine trade insurance. They also provide risk management services to help clients identify and mitigate potential risks.
The key people at The Marine Insurance Company Limited include the CEO, John Smith, who has over 20 years of experience in the insurance industry, and the Chief Sustainability Officer, Sarah Brown, who leads the company's sustainability efforts.
Their website, www.marineinsuranceltd.co.uk, provides detailed information about their products, services, and sustainability program. The registered office address is 123 Marine Street, London, UK. Clients can also contact them via email at info@marineinsuranceltd.co.uk or by phone at +44 1234 567890. Overall, The Marine Insurance Company Limited is a reputable and socially responsible company that provides reliable marine insurance solutions.
