HOWDEN INSURANCE BROKERS LIMITED
Company Information
- Company Number
- 00725875
- Registered Address
- One Creechurch Place, London, United Kingdom, EC3A 5AF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 June 1962
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
HOWDEN INSURANCE BROKERS LIMITED demonstrates a strong trend for timely payments, with an impressive average payment time of 17 days. A significant 86% of payments are settled within 30 days, indicating a consistent and positive trajectory towards prompt financial obligations.
Volatility Analysis
While most payments are prompt, the 31% late payment rate introduces some unpredictability for suppliers, despite only 4% extending beyond 60 days. The 10% of payments falling into the 31-60 day bracket, combined with the overall late percentage, suggests a moderate level of payment reliability that suppliers should consider.
Summary Analysis
Overall, HOWDEN INSURANCE BROKERS LIMITED presents a generally favorable payment profile due to its low average payment time and high percentage of payments within 30 days. Suppliers should factor in the 31% late payment rate and consider strategies such as clear payment terms or proactive invoice follow-ups to mitigate occasional delays.
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 Apr 2025 - 30 Sept 2025 | 13 Oct 2025 | 17 | 86% | 10% | 4% | 31% |
| 01 Oct 2024 - 31 Mar 2025 | 07 Apr 2025 | 19 | 88% | 8% | 4% | 27% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 19 | 85% | 10% | 5% | 29% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 22 | 80% | 13% | 7% | 26% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 46 | 55% | 18% | 27% | 54% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 30 | 53% | 21% | 26% | 52% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 30 | 69% | 8% | 24% | 31% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 35 | 68% | 9% | 23% | 29% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 30 | 69% | 8% | 24% | 31% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 30 | 69% | 8% | 24% | 31% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 35 | 58% | 13% | 29% | 40% |
| 01 Oct 2019 - 31 Mar 2020 | 04 May 2020 | 44 | 55% | 14% | 31% | 45% |
| 01 Apr 2019 - 30 Sept 2019 | 19 Nov 2019 | 34 | 56% | 34% | 10% | 43% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 19 | 41% | 17% | 42% | 39% |
| 01 Oct 2017 - 31 Mar 2018 | 26 Apr 2018 | 40 | 61% | 16% | 23% | 57% |
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
Payment terms agreed with suppliers as part of contract negotiations. The most commonly used terms are 30 days.
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
60
Dispute Resolution Process
Howden has a dedicated Finance Operations Team, which is reachable by phone and email. Suppliers with invoice disputes contact this team and if the team is not able to resolve they escalate the issue to the Finance Operations Manager. The Finance Operations Team work with the supplier to resolve promptly.
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
HOWDEN INSURANCE BROKERS LIMITED is an active private limited company that operates as an insurance broker. The company specialises in intermediating between clients and insurance providers.
Registered with company number 00725875, HOWDEN INSURANCE BROKERS LIMITED was incorporated on 1 June 1962. Its registered office is located at One Creechurch Place, London, United Kingdom, EC3A 5AF.
As an insurance broker in the UK market, the company typically advises clients on their insurance requirements and sources appropriate policies from various insurers. This includes facilitating cover for individuals and businesses, often extending to policy management and claims support.
