MUNICH RE UK SERVICES LIMITED
Company Information
- Company Number
- 01290912
- Registered Address
- 10 Fenchurch Avenue, London, England, EC3M 5BN
- Status
- Active
- Employee Count
- 372
- Turnover
- £87,144,000
- EBITDA
- -£447,000
Additional Details
- Website
- https://munichre.com
- Company Type
- Private limited Company
- Incorporated On
- 16 December 1976
- Nature of Business
- 70100 - Activities of head offices82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- 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 | 22 Jul 2025 | 13 | 93% | 6% | 1% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 71 | 55% | 19% | 25% | 45% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 33 | 72% | 19% | 9% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 27 | 76% | 14% | 10% | 24% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 49 | 58% | 16% | 26% | 42% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 31 | 76% | 11% | 13% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 25 | 85% | 7% | 8% | 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
Our payment terms are 30 days
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
Disputes are dealt with by the department that has engaged in the contract; with support from finance and any senior staff where applicable
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
MUNICH RE UK SERVICES LIMITED is a leading reinsurance company in the UK, providing a wide range of services and products to its clients. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company offers a variety of services, including risk assessment, risk management, and insurance solutions to its clients. It also provides reinsurance cover for various industries such as aviation, energy, and agriculture. The company's sustainability program focuses on reducing carbon emissions, promoting renewable energy, and managing waste and water consumption.
One of the key people in the company is its CEO, Mr. Marcus Winter. He has been leading the company since 2017 and has extensive experience in the insurance and reinsurance industry. Under his leadership, the company has seen significant growth and success.
MUNICH RE UK SERVICES LIMITED can be contacted through their website, where customers can find detailed information on their products and services. The registered office address of the company is located in London, UK.
In conclusion, MUNICH RE UK SERVICES LIMITED is a reputable reinsurance company in the UK, offering a range of services and products to its clients. With a strong focus on sustainability and a team of experienced professionals, the company continues to thrive in the market.
