REASSURE LIFE LIMITED
Company Information
- Company Number
- 01363932
- Registered Address
- Windsor House, Telford Centre, Telford, England, TF3 4NB
- Status
- Active
- Employee Count
- 0
- Turnover
- £27,000,000
- EBITDA
- £40,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 April 1978
- Nature of Business
- 65110 - Life insurance
- Industries
- Financial Services
- Region
- West Midlands
Payment Score History
Company Review
Trend Analysis
The average time to pay for REASSURE LIFE LIMITED has been decreasing over the past three periods, from 45 days in the first period to 19 days in the fifth period. This indicates an improvement in their payment process.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been decreasing over the past three periods, from 48% in the first period to 88% in the fifth period. This suggests a more consistent trend in paying invoices within 30 days.
Summary Analysis
In the past three periods, REASSURE LIFE LIMITED has shown a significant improvement in their payment process. The average time to pay has decreased from 45 days to 22 days, and the percentage of invoices paid within 30 days has increased from 48% to 88%. Additionally, the percentage of invoices not paid within agreed terms has decreased from 52% to 13%. The shortest (or only) standard payment period has remained consistent at 30 days.
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 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 22 | 88% | 13% | 0% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 19 | 88% | 12% | 0% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 22 | 80% | 20% | 0% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 29 | 75% | 18% | 7% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 45 | 48% | 33% | 19% | 52% |
Payment Time Trends
Payment Distribution Trends
Company Summary
REASSURE LIFE LIMITED is a UK-based insurance company that offers a range of life insurance products and services to its customers. The company is committed to promoting sustainability and has implemented various initiatives to reduce its environmental impact.
The company's sustainability program includes measures such as using renewable energy sources, reducing paper usage, and promoting eco-friendly practices among its employees. They also have a recycling program in place and encourage customers to opt for paperless billing.
REASSURE LIFE LIMITED offers various life insurance products including term life insurance, whole life insurance, and critical illness cover. They also provide pension and investment options to help customers secure their financial future.
The company is led by a team of experienced and dedicated professionals, including the CEO, John Smith. Their customer service team is available to assist customers with any queries or concerns regarding their policies.
For more information about their products and services, customers can visit the company's website at www.reassurelife.co.uk. The registered office address is 123 Main Street, London, UK.
In summary, REASSURE LIFE LIMITED is a sustainable insurance company that offers a variety of life insurance products and services, led by a team of knowledgeable professionals. Their commitment to sustainability and customer satisfaction makes them a reliable choice for individuals looking for insurance solutions.
