The average time to pay for AXA INSURANCE UK PLC has remained consistent at an average of 30 days over the past 6 periods. However, there was a slight increase in the last period, with an average time to pay of 31 days.
The volatility for AXA INSURANCE UK PLC has been relatively low, with only a 1-day difference in the average time to pay between the highest and lowest periods.
Looking at the data for the past 3 periods (2021-2023), there were no major changes in the average time to pay for AXA INSURANCE UK PLC. However, there was a slight increase in the percentage of invoices paid within 30 days, from 90.0% in 2021 to 90.5% in 2023. This shows that the company has been consistently paying a high percentage of their invoices within 30 days.
| 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 | 23 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 |
AXA Insurance UK Plc is a non-life insurer incorporated in 1903, registered in England and Wales. It trades under the brand name Moja, offering online-only car insurance policies. Moja is described as part of the AXA family, providing comprehensive cover with optional extras such as courtesy car provision, breakdown cover, child car seat cover, personal injury and legal expenses cover, and driving abroad cover. Policies sold under the Moja brand are underwritten by AXA Insurance UK Plc, which is authorised and regulated as an insurer. The company's core activity is underwriting motor insurance risk, distributed through this digital-first consumer brand rather than under the AXA name itself.
Generated from the company's website and Companies House records. Sources: mojainsurance.co.uk · mojainsurance.co.uk