| 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 2019 - 30 Jun 2019 | 30 Jul 2019 | 14 | 100% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 14 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The majority of goods and services used in the operation of Tokio Marine Kiln Syndicates Limited are managed and paid by a group service company, Tokio Marine Kiln Insurance Services Limited (TMKISL). Please refer to TMKISL for further reporting on payment practices and performance. The standard contractual terms for TMKISL are payment within 30 days after the invoice is received. These terms are stated in the contractual agreements with suppliers. Invoices should be submitted in PDF format to the Accounts Payable Team at AllLondonAccountsPayable@tokiomarinekiln.com.
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
Queries related to outstanding invoices or payments made should be raised in the first instance with the Accounts Payable Team on AllLondonAccountsPayable@tokiomarinekiln.com. They will liaise with the relevant department who ordered the products or services as soon as possible to seek to resolve any issues.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Tokio Marine Kiln Syndicates Limited is a UK-registered insurance company based in London. Companies House records its nature of business as life insurance and non-life insurance. The company was previously known as R.J. Kiln & Co Limited before adopting its current name. It is part of the Tokio Marine Kiln Group, itself part of the wider Tokio Marine group structure, with its immediate parent recorded as Tokio Marine Kiln Group Limited. The entity operates within the Lloyd's insurance market environment associated with the Tokio Marine Kiln name, underwriting both life and non-life risks. It remains an active private limited company incorporated in 1962, continuing to file accounts and confirmation statements with Companies House.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · lei-lookup.com