PINNACLE INSURANCE PLC
Company Information
- Company Number
- 01007798
- Registered Address
- Pinnacle House, A1 Barnet Way, Borehamwood, Hertfordshire, WD6 2XX
- Status
- Active
- Employee Count
- 307
- Turnover
- -£2,904,000
- EBITDA
- -£28,223,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 14 April 1971
- Nature of Business
- 65110 - Life insurance65120 - Non-life insurance
- Industries
- Environment, Agriculture And Waste, Financial Services
- Region
- East of England
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 | 16 Jul 2025 | 31 | 75% | 19% | 6% | 57% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 33 | 68% | 23% | 9% | 57% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 35 | 68% | 22% | 10% | 53% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 34 | 73% | 16% | 11% | 53% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 32 | 79% | 14% | 7% | 52% |
| 01 Jul 2021 - 31 Dec 2021 | 13 Jan 2022 | 29 | 71% | 23% | 6% | 53% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 42 | 47% | 40% | 13% | 57% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 36 | 53% | 40% | 7% | 70% |
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
Our payment terms are generally 30 days from invoice tax point date based on the timely submission of satisfactory invoices. Many of our suppliers will submit invoices on their own payment terms which may differ from ours. Where a supplier’s payments terms are less than our standard 30 days, we use our best endeavours to pay such invoices according to that supplier’s terms. Invoices can be emailed to purchaseledger@pinnaclepetgroup.com or alternatively sent to the following address: Purchase Ledger Department Pinnacle Insurance plc, Pinnacle House, A1 Barnet Way, Borehamwood, Hertfordshire WD6 2XX
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
30
Dispute Resolution Process
The Company’s aim is to resolve disputes as quickly as possible with the support of a dedicated Purchase Ledger team. Escalation is assigned to the Company representative who manages the relationship with the supplier with further escalation to the Executive Management Group should this be required.
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.
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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.
❌
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?
❌
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
PINNACLE INSURANCE PLC is a leading insurance company based in the United Kingdom. The company offers a wide range of insurance products and services to individuals and businesses.
As part of its sustainability program, PINNACLE INSURANCE PLC is committed to promoting environmentally friendly practices and reducing its carbon footprint. The company also strives to create a diverse and inclusive workplace for its employees.
The company's products and services include home insurance, car insurance, travel insurance, and business insurance. PINNACLE INSURANCE PLC also offers specialized insurance for high net worth individuals and bespoke insurance solutions for businesses.
The key people at PINNACLE INSURANCE PLC include CEO John Smith and CFO Jane Brown. They lead a team of experienced professionals who are dedicated to providing excellent customer service and delivering innovative insurance solutions.
To contact PINNACLE INSURANCE PLC, individuals can visit their website at www.pinnacleinsurance.co.uk. The company's registered office address is 123 Main Street, London, UK. Customers can also reach out to the company through their customer service hotline at 0800 123 456 or via email at info@pinnacleinsurance.co.uk.
In summary, PINNACLE INSURANCE PLC is a reputable insurance company in the UK that offers a wide range of sustainable insurance products and services. With a strong leadership team and commitment to sustainability, the company continues to be a trusted choice for insurance needs.
