AXA SERVICES LIMITED
Company Information
- Company Number
- 00446043
- Registered Address
- 20 Gracechurch Street, London, United Kingdom, EC3V 0BG
- Status
- Active
- Employee Count
- 3,556
- Turnover
- £546,121,000
- EBITDA
- £0
Additional Details
- Website
- https://guardianfs.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 3 December 1947
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 22 | 97% | 3% | 0% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 22 | 97% | 3% | 0% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 21 | 97% | 3% | 0% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 17 | 96% | 4% | 0% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 7 | 98% | 2% | 0% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 7 | 98% | 2% | 0% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 6 | 98% | 1% | 1% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 5 | 99% | 1% | 0% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 20 | 95% | 4% | 1% | 27% |
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
Standard contractual terms for goods and services is 30 days. Invoices for which no payment is required because they are covered completely by credit notes would not count as a payment for the purposes of the statistics about payments made (i.e. the average time taken to pay and the proportion paid within 30/60/61+ days), or payments due in the reporting period and the proportion of these paid within the agreed payment period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Any question or difference which may arise concerning the creation, construction, meaning, validity or effect of this Agreement, or any matter arising out of or in connection with this Agreement, shall in the first instance be referred to the AXA Representative and the Supplier Representative for discussion and resolution as soon as reasonably possible and, in any event, within fifteen (15) days of such referral. If the matter is not resolved at this meeting, the dispute shall be escalated to the chief executive officer (or equivalent management position) of the parties as soon as reasonably possible and, in any event, within a further fifteen (15) days. If the unresolved matter is having a serious effect on the Services, the parties shall use reasonable endeavours to reduce the elapsed time in completing the process. Neither party may initiate any legal action until the process has been completed, unless such party has reasonable cause to do so to avoid damage to its business or to protect or preserve any right of action it may have. Any dispute which is not resolved after being escalated by the parties under Clause 39.2 may, at the request of either party to the other (the "Request"), be referred to mediation in accordance with the Centre for Dispute Resolution Mediation Procedure as follows:- - the mediation shall be conducted by a single mediator who shall be appointed by agreement in writing between the parties or, if the parties are unable to agree on the identity of the mediator within five (5) Business Days after the date of the Request, or if the mediator nominated by the parties for appointment is or becomes unable or unwilling to act, the mediator shall be appointed by the Centre for Dispute Resolution on the application of either party; - the mediation shall be conducted in London and in the English language; - save for the purposes of implementing and/or enforcing a written legally binding settlement agreement or as otherwise required by law, the mediation shall be conducted without prejudice to the rights of the parties in any future proceedings; and - the costs of the mediation, including the fees and expenses of the mediator (but excluding the parties' own costs, which shall be borne by the party incurring those costs), shall be borne equally by the parties, unless otherwise agreed in writing in the settlement agreement. If a dispute is referred to mediation then, unless both parties have accepted the decision of the mediator or otherwise agreed to resolve the dispute, within twenty eight (28) days of the final decision of the mediator having been delivered to the parties, the Dispute Resolution Procedure shall be deemed exhausted in respect of the dispute in question.
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
AXA SERVICES LIMITED is a global insurance company that provides a wide range of products and services to its customers. Headquartered in London, United Kingdom, the company operates in over 60 countries and has a strong presence in Europe, North America, and Asia.
The company offers various insurance products such as life, health, property, casualty, and investment insurance. They also provide risk management solutions and financial services to individuals, businesses, and organizations. Their sustainability program focuses on promoting environmental, social, and governance practices within the company and in the communities they operate in.
As a part of their sustainability efforts, AXA SERVICES LIMITED has introduced innovative products such as green insurance, which incentivizes customers to adopt eco-friendly behaviors by offering lower premiums. They also have a responsible investment policy that takes into account environmental, social, and governance factors when making investment decisions.
The company is led by a team of experienced executives, with Thomas Buberl serving as the CEO. They have a dedicated customer service team that can be reached through their website or by phone.
AXA SERVICES LIMITED is committed to being a responsible corporate citizen and has received recognition for their sustainability efforts, including being named one of the top 50 most sustainable companies in the world by Corporate Knights. Their website (www.axa.co.uk) provides more information on their products, services, and sustainability initiatives.
The registered office address for AXA SERVICES LIMITED is 5 Old Broad Street, London EC2N 1AD, United Kingdom.
