UNUM LIMITED

PaymentCheck Score 2025
92Excellent
0.1vs last year
#738 in UK
#149 in Financial Services
#119 in South East

Company Information

Company Number
00983768
Registered Address
Milton Court, Dorking, Surrey, RH4 3LZ
Status
Active
Employee Count
0
Turnover
£573,600,000
EBITDA
£56,300,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 July 1970
Nature of Business
65110 - Life insurance
65120 - Non-life insurance
Industries
Financial Services
Region
South East

Time to Pay

Average Time to Pay
20 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
89%
31-60 Days
2%
After 60 Days
9%
Not Paid Within Terms4%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202524 Jul 20252089%2%9%4%
01 Jan 2024 - 30 Jun 202429 Jul 20242192%6%2%11%
01 Jul 2023 - 31 Dec 202324 Jan 20242293%7%0%11%
01 Jan 2023 - 30 Jun 202327 Jul 20232294%5%1%10%
01 Jul 2021 - 31 Dec 202128 Jan 20222097%2%1%5%
01 Jan 2021 - 30 Jun 202126 Jul 20211997%3%0%12%
01 Jan 2020 - 30 Jun 202030 Jul 20201795%3%2%7%
01 Jul 2019 - 31 Dec 201928 Jan 20201794%5%1%10%
01 Jan 2019 - 30 Jun 201922 Jul 20191795%5%0%11%
01 Jul 2018 - 31 Dec 201828 Jan 20192095%4%1%8%
01 Jan 2018 - 30 Jun 201830 Jul 20182487%9%4%15%

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

The majority of suppliers are paid on 30 day terms

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

Any disputes are discussed with the business owner of the supplier relationship initially. Further involvement may also include the Sourcing and Legal teams.

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

UNUM LIMITED is a leading provider of financial protection products and services based in the United Kingdom. The company was founded in 1848 and has since grown to become one of the largest providers of employee benefits in the country.

The company's sustainability program is focused on reducing its environmental impact and promoting responsible business practices. This includes initiatives such as reducing waste, using renewable energy sources, and promoting diversity and inclusion within the workplace.

UNUM LIMITED offers a range of products and services, including income protection, life insurance, and critical illness cover. These products are designed to provide financial security to individuals and businesses in the event of illness, injury, or death.

Key people at UNUM LIMITED include CEO Peter O'Donoghue and Chairman David Barral. The company has a team of experienced professionals who are dedicated to providing excellent customer service and ensuring the success of the company.

For more information on UNUM LIMITED and its products and services, individuals can visit their website at www.unum.co.uk. The company's registered office address is at Milton Court, Dorking, Surrey, RH4 3LZ, UK.

Financial Metrics

Cash
£61,619,000
Net Worth
£528,339,000
Total Current Assets
£717,654,000
Total Current Liabilities
£330,826,000

Company Location