REASSURE LIMITED
Company Information
- Company Number
- 00754167
- Registered Address
- Windsor House, Telford Centre, Telford Shropshire, TF3 4NB
- Status
- Active
- Employee Count
- 0
- Turnover
- £18,000,000
- EBITDA
- £128,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 March 1963
- Nature of Business
- 65110 - Life insurance65300 - Pension funding
- Industries
- Financial Services
- Region
- West Midlands
Payment Score History
Company Review
Trend Analysis
The data shows a consistent trend of improvement in the average time taken for REASSURE LIMITED to pay their invoices. From 2021 to 2023, the average time to pay decreased from 66 days to 24 days. This indicates that the company has been making efforts to pay their invoices in a timely manner.
Volatility Analysis
There is a noticeable decrease in volatility in the % of invoices paid within 30 days and % of invoices paid between 31 and 60 days from 2021 to 2023. This suggests that REASSURE LIMITED has been able to maintain a more consistent payment pattern.
Summary Analysis
In the past three periods, REASSURE LIMITED has made significant improvements in their payment process. The average time to pay has decreased by 64.3% from 66 days in 2021 to 24 days in 2023. The % of invoices paid within 30 days has increased by 40.9%, while the % of invoices paid between 31 and 60 days has decreased by 50%. The % of invoices not paid within agreed terms has also decreased by 35.9%.
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 | 05 Feb 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 24 | 86% | 11% | 4% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 27 | 87% | 8% | 5% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 27 | 76% | 13% | 11% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 37 | 68% | 15% | 17% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 66 | 61% | 21% | 18% | 39% |
Payment Time Trends
Payment Distribution Trends
Company Summary
REASSURE LIMITED is a UK-based company that specializes in providing life insurance and pension products to its customers. The company was established in 1963 and is currently headquartered in Telford, Shropshire.
The company's main goal is to provide financial security and peace of mind to its customers by offering a range of insurance and pension products. These include life insurance, critical illness cover, income protection, and pension plans.
In addition to their products and services, REASSURE LIMITED is committed to sustainability and has a strong corporate responsibility program in place. They strive to reduce their environmental impact by promoting recycling and reducing their carbon footprint. They also support various charities and community projects through their REASSURE Foundation.
The key people at REASSURE LIMITED include the CEO, Mr. John Pollock, who has been with the company for over 25 years, and the Chairman, Mr. Roger Phillips. They have a team of experienced professionals who are dedicated to providing excellent customer service and ensuring the company's success.
For any inquiries or customer support, REASSURE LIMITED can be contacted through their website, which is www.reassure.co.uk. Their registered office address is Windsor House, Telford Centre, Telford, Shropshire, TF3 4NB.
In conclusion, REASSURE LIMITED is a reputable company that offers a wide range of insurance and pension products, while also being committed to sustainability and giving back to the community. With their experienced team and strong values, they continue to be a reliable and trusted choice for customers in the UK.
