BARCLAYS INSURANCE SERVICES COMPANY LIMITED
Company Information
- Company Number
- 00973765
- Registered Address
- 1 Churchill Place, London, E14 5HP
- Status
- Active
- Employee Count
- 0
- Turnover
- £53,697,000
- EBITDA
- £4,906,000
Additional Details
- Website
- https://barclays.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 3 March 1970
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- Industries
- Financial Services
- 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 | 29 Jul 2025 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 16 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 17 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 15 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 18 | 97% | 3% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 15 | 96% | 4% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 28 | 67% | 33% | 0% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 50 | 33% | 0% | 67% | 67% |
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
45 days from invoice receipt
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
60
Dispute Resolution Process
In the first instance disputes are to be taken up with the Barclays business contact stated on the PO. For general PO or payment queries e-mails should be sent to Procurementopssupport@barclays.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
BARCLAYS INSURANCE SERVICES COMPANY LIMITED is a leading insurance provider in the United Kingdom. The company offers a wide range of insurance products and services, including home, travel, life, and health insurance.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing paper usage, and promoting recycling and waste reduction. Barclays Insurance also supports community and social development projects through its corporate social responsibility program.
The key people at Barclays Insurance Services Company Limited include CEO, Mark Wilson, and Chairman, John McFarlane. They lead a team of experienced professionals who are dedicated to providing high-quality insurance products and services to their customers.
Customers can contact Barclays Insurance Services Company Limited through their website, which is www.barclays.co.uk/insurance. The company's registered office address is 1 Churchill Place, London, E14 5HP, United Kingdom.
Overall, BARCLAYS INSURANCE SERVICES COMPANY LIMITED is a trusted and responsible insurance provider that offers sustainable products and services. With its commitment to sustainability and strong leadership, the company continues to be a top choice for insurance in the UK.
