MARSH CORPORATE SERVICES LIMITED
Company Information
- Company Number
- 00439526
- Registered Address
- 1 Tower Place West, Tower Place, London, EC3R 5BU
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 418000000.0
- EBITDA
- 33000000.0
Additional Details
- Website
- https://MARSH.CO.UK
- Company Type
- Private limited Company
- Incorporated On
- 24 July 1947
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 30 Jan 2024 | 13 | 87% | 12% | 1% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 15 | 86% | 11% | 3% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 31 | 66% | 23% | 11% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 51 | 36% | 43% | 21% | 32% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 49 | 34% | 50% | 16% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 55 | 29% | 54% | 17% | 36% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 61 | 41% | 37% | 22% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 54 | 53% | 22% | 25% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 42 | 63% | 21% | 16% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 53 | 48% | 29% | 23% | 42% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 52 | 51% | 29% | 20% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 53 | 46% | 34% | 20% | 43% |
Company Summary
MARSH CORPORATE SERVICES LIMITED is a leading global insurance brokerage and risk management company
They offer a wide range of services to help businesses manage their risks, protect their assets, and grow their bottom line
Their sustainability program is focused on minimizing their environmental impact and promoting sustainable practices within their own operations and those of their clients
They have implemented initiatives such as energy efficiency measures, waste reduction programs, and responsible sourcing of materials
The company offers a range of products and services including risk assessment, insurance brokerage, claims management, and employee benefits consulting
They cater to a variety of industries including construction, healthcare, technology, and more
Some key people at MARSH CORPORATE SERVICES LIMITED include John Q
Doyle, President and CEO, and Peter Zaffino, Executive Vice President and President of Global Risk and Digital
They lead a team of experienced professionals who are dedicated to providing top-notch services to their clients
For more information on their products and services, as well as their sustainability program, you can visit their website at www.marsh.com
Their registered office address is located at Tower Place, Tower Hill, London EC3N 4AG, United Kingdom
Company Review
Trend Analysis
The trend for MARSH CORPORATE SERVICES LIMITED's average time to pay invoices has been generally decreasing over the past three periods, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has also been increasing, while the percentage of invoices paid later than 60 days has been decreasing.
Volatility Analysis
The volatility for MARSH CORPORATE SERVICES LIMITED's average time to pay invoices has been relatively low, with only a slight increase in the most recent period. The volatility for the percentage of invoices paid within 30 days has been slightly higher, with a decrease in the most recent period. The volatility for the percentage of invoices paid later than 60 days has been decreasing over the past three periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
45 days from receipt of invoice. Details at http://www.mmc.com/suppliers.html
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
Helpdesks and contact details as well as process information available at www.mmc.com https://www.marshmclennan.com/suppliers
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