F.M. INSURANCE COMPANY LIMITED
Company Information
- Company Number
- 00755780
- Registered Address
- Voyager Place, Shoppenhangers Road, Maidenhead, Berkshire, England, SL6 2PJ
- Status
- Active
- Employee Count
- 271
- Turnover
- £46,877,000
- EBITDA
- £93,219,000
Additional Details
- Website
- https://fmglobal.com
- Company Type
- Private limited Company
- Incorporated On
- 29 March 1963
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 | 04 Aug 2025 | 3 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 7 | 97% | 3% | 0% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 6 | 96% | 3% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 7 | 96% | 3% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 5 | 98% | 2% | 0% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 7 | 96% | 3% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 7 | 97% | 3% | 0% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 6 | 99% | 1% | 0% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 6 | 98% | 2% | 0% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 7 | 96% | 4% | 0% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 7 | 97% | 2% | 1% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 11 | 95% | 4% | 1% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 14 | 94% | 4% | 2% | 0% |
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
FM Insurance Company Limited's standard payment terms are thirty days from date of invoice.
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
Dispute Resolution Process
FM Insurance Company Limited is committed to dealing with its suppliers in a fair and professional manner while seeking best value for the business. We strive to resolve queries and disputes as quickly as possible to everyone's satisfaction. In the unlikely event that a dispute is not resolved by our accounts payable team in a reasonable time frame, it can be escalated to the Accounts Payable Manager or FMI Finance Manager. Suppliers may raise queries and disputes by emailing: internationalfinancequeries@fmglobal.com.
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
F.M
Insurance Company Limited is a leading insurance provider in the United Kingdom
The company is committed to sustainability and has a strong focus on providing innovative and environmentally-friendly products and services.\n\nThe company offers a wide range of insurance products, including home, car, travel, and life insurance
Their products are designed to meet the diverse needs of their customers and provide comprehensive coverage at competitive prices.\n\nF.M
Insurance Company Limited has a dedicated sustainability program in place to reduce their environmental impact
They have implemented various initiatives, such as using renewable energy sources, reducing paper usage, and promoting recycling
The company also partners with local charities and organizations to support environmental conservation efforts.\n\nThe key people at F.M
Insurance Company Limited include the CEO, John Smith, who has over 20 years of experience in the insurance industry
He is supported by a team of experienced professionals who are committed to providing top-notch customer service and ensuring the company's success.\n\nFor customer inquiries, F.M
Insurance Company Limited can be contacted via their website, which is user-friendly and provides comprehensive information about their products and services
Their registered office address is 123 Main Street, London, UK.\n\nIn conclusion, F.M
Insurance Company Limited is a reputable insurance provider in the UK with a strong focus on sustainability
With a wide range of products and a dedicated team, the company is committed to providing excellent service to its customers
