ROYAL & SUN ALLIANCE INSURANCE LIMITED

PaymentCheck Score 2025
90Excellent
2.0vs last year
#869 in UK
#204 in Financial Services
#142 in South East

Company Information

Company Number
00093792
Registered Address
St Marks Court, Chart Way, Horsham, West Sussex, RH12 1XL
Status
Active
Employee Count
4,643
Turnover
£643,000,000
EBITDA
£450,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 June 1907
Nature of Business
65120 - Non-life insurance
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
86%
31-60 Days
8%
After 60 Days
6%
Not Paid Within Terms14%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20252591%6%3%9%
01 Jan 2024 - 30 Jun 202423 Jul 20242789%8%3%11%
01 Jan 2022 - 30 Jun 202228 Jul 20223084%9%7%16%
01 Jan 2021 - 30 Jun 202122 Jul 20213976%11%13%24%
01 Jan 2020 - 30 Jun 202029 Jul 20204268%18%14%32%
01 Jul 2019 - 31 Dec 201906 Feb 20203775%14%11%25%
01 Jan 2019 - 30 Jun 201929 Jul 20194074%14%12%26%
01 Jul 2018 - 31 Dec 201829 Jan 20193675%12%13%25%

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

30 days standard payment terms

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

Our dispute resolution process is to advise the supplier of the reason for non payment and to work with them to resolve as quickly as possible.

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

Royal & Sun Alliance Insurance Limited (RSA) is a multinational insurance company based in the United Kingdom. It was founded in 1996 through the merger of Royal Insurance and Sun Alliance. The company offers a wide range of insurance products and services, including personal and commercial insurance, investment management, and risk management solutions.

Sustainability is a core focus for RSA, and the company has a number of initiatives and programs in place to promote responsible business practices. These include reducing their carbon footprint, promoting diversity and inclusion, and investing in renewable energy projects. In addition, RSA has a dedicated team responsible for ensuring the company's sustainability goals are met.

RSA's products and services are designed to meet the needs of individuals, small businesses, and large corporations. They offer a variety of insurance options, including home, motor, and travel insurance, as well as commercial insurance for businesses of all sizes. RSA also provides risk management solutions to help businesses identify and mitigate potential risks.

The key people at RSA include Stephen Hester, Group Chief Executive Officer, and Charlotte Jones, Group Chief Financial Officer. The company has a team of experienced professionals who are committed to providing high-quality insurance services to their customers.

For more information about RSA and its products and services, individuals can visit their website at www.rsagroup.com. The company's registered office address is 20 Fenchurch Street, London, EC3M 3AU, United Kingdom. Customers can also contact RSA through their customer service hotline at 0345 030 6944 or via email at enquiries@rsagroup.com.

Financial Metrics

Cash
£142,000,000
Net Worth
£2,320,000,000
Total Current Assets
£2,546,000,000
Total Current Liabilities
£2,295,000,000

Company Location