WILLIS FABER LIMITED
Company Information
- Company Number
- 01386469
- Registered Address
- 51 Lime Street, London, EC3M 7DQ
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- £3,000,000
Additional Details
- Website
- https://willis.com
- Company Type
- Private limited Company
- Incorporated On
- 1 September 1978
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- London
Company Review
Trend Analysis
Based on the data for WILLIS FABER LIMITED, there has been a downward trend in the average time taken to pay invoices over the past three periods. Additionally, there has been a steady increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days.
Volatility Analysis
There has been a low level of volatility in the average time taken to pay invoices for WILLIS FABER LIMITED over the past three periods. However, there has been some fluctuation in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days.
Summary Analysis
Between January 2018 and June 2019, WILLIS FABER LIMITED has shown an improvement in their payment performance. The average time taken to pay invoices has decreased from 31 days to 21.9 days, a decrease of 9.1 days or 29.4%. The percentage of invoices paid within 30 days has increased from 45.2% to 57.7%, an increase of 12.5% or 27.7%. However, the percentage of invoices paid between 31 and 60 days has increased slightly from 24.3% to 25.3%, an increase of 1% or 4.1%. The most significant improvement has been in the percentage of invoices paid later than 60 days, which has decreased from 30.5% to 15.7%, a decrease of 14.8% or 48.5%. The shortest (or only) standard payment period for WILLIS FABER LIMITED is 31 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 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
Willis Faber Limited is a leading insurance brokerage firm based in London, United Kingdom. The company was founded in 1828 and has a long-standing history of providing a wide range of insurance products and services to its clients.
The company's sustainability program is an integral part of its operations, with a focus on reducing its environmental impact and promoting social responsibility. Willis Faber Limited has implemented various initiatives such as reducing paper usage, promoting energy efficiency, and supporting local communities through charitable donations and volunteer work.
The company offers a diverse range of insurance products, including property, casualty, and specialty lines of insurance. They also provide risk management services to help clients identify and mitigate potential risks to their businesses.
The key people at Willis Faber Limited include its CEO, John Haley, and Chairman, Joe Plumeri. Both have extensive experience in the insurance industry and are committed to driving the company's growth and success.
The company's website, www.willisfaber.co.uk, is a comprehensive resource for clients to learn about its products and services, as well as access important information and tools. The registered office address for Willis Faber Limited is 51 Lime Street, London, EC3M 7DQ, United Kingdom.
In summary, Willis Faber Limited is a well-established insurance brokerage firm with a strong commitment to sustainability, offering a wide range of insurance products and services. With experienced leadership and a focus on social responsibility, the company continues to be a leading player in the insurance industry.
