The data for ROYAL & SUN ALLIANCE REINSURANCE LIMITED shows a consistent trend of paying invoices later than 60 days. The average time to pay has also increased over the past few years.
The data for ROYAL & SUN ALLIANCE REINSURANCE LIMITED shows a high level of volatility in terms of the percentage of invoices paid within 30 days, with fluctuations ranging from 70% to 95%. The percentage of invoices paid between 31 and 60 days also shows some volatility, ranging from 5% to 25%.
Looking at the data for the past three periods, there has been a slight improvement in the percentage of invoices paid within 30 days, from 75% in the period of Jan 2021 - Jun 2021 to 80% in the period of Jul 2021 - Dec 2021. However, there has been a significant increase in the percentage of invoices paid later than 60 days, from 10% in the period of Jan 2021 - Jun 2021 to 20% in the period of Jul 2021 - Dec 2021.
| 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 |
Royal & Sun Alliance Reinsurance Limited is a registered UK company incorporated in 1908, based in Horsham, West Sussex. Its recorded business activity is classified under SIC code 65120, non-life insurance, indicating that it operates within the reinsurance side of the non-life insurance sector. As a company under the Royal & Sun Alliance name, it appears to function as part of a wider insurance group structure, handling non-life reinsurance business rather than direct retail insurance sales. No further descriptive detail beyond its registered classification and incorporation history is available to expand on its specific operations or client base.
Generated from the company's website and Companies House records.