CHUBB SERVICES UK LIMITED
Company Information
- Company Number
- 01509033
- Registered Address
- 100 Leadenhall Street, London, United Kingdom, EC3A 3BP
- Status
- Active
- Employee Count
- 805.0
- Turnover
- 116827000.0
- EBITDA
- 28434000.0
Additional Details
- Website
- https://chubb.com
- Company Type
- Private limited Company
- Incorporated On
- 24 July 1980
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 19 | 86% | 9% | 5% | 8% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 12 | 86% | 4% | 10% | 11% |
| 01 Jul 2022 - 31 Jul 2022 | 12 Jan 2023 | 8 | 80% | 19% | 1% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 7 | 77% | 14% | 9% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 6 | 88% | 5% | 7% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 11 | 84% | 6% | 10% | 11% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 6 | 85% | 7% | 8% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 8 | 72% | 22% | 6% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 14 | 68% | 23% | 9% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 43 | 59% | 23% | 18% | 26% |
Company Summary
CHUBB SERVICES UK LIMITED is a leading provider of security and fire safety solutions in the UK
Established in 1818, the company has a long history of delivering high-quality services to its clients
The company's sustainability program is a key aspect of its operations, with a strong focus on reducing environmental impact and promoting social responsibility
CHUBB SERVICES UK LIMITED has implemented various initiatives such as energy-efficient practices, waste reduction, and community outreach to achieve these goals
The company offers a wide range of products and services, including fire alarms, CCTV systems, access control, and security personnel
They also provide customized solutions for businesses of all sizes, from small shops to large corporations
CHUBB SERVICES UK LIMITED prides itself on its advanced technology and top-notch customer service, ensuring that clients' security needs are met efficiently and effectively
The key people at CHUBB SERVICES UK LIMITED include the CEO, John Hughes, and the Managing Director, Andrew Bowers
They are supported by a team of experienced professionals who are dedicated to providing the best security and fire safety solutions to their clients
The company's website, www.chubb.co.uk, provides detailed information about their services, products, and sustainability efforts
The registered office address is Chubb House, Veolia House, 154A Pentonville Road, London, N1 9PE, United Kingdom
In conclusion, CHUBB SERVICES UK LIMITED is a reputable company with a commitment to sustainability and providing top-quality security and fire safety solutions
With a strong team of professionals and a wide range of products and services, the company continues to be a trusted partner for businesses in the UK
Company Review
Trend Analysis
The average time taken for CHUBB SERVICES UK LIMITED to pay invoices to suppliers has decreased over the past three periods, from 43 days in the first period to 8 days in the third period. There was a slight increase to 11 days in the fourth period, but then it decreased again to 6 days in the fifth period. This trend suggests that the company is making efforts to pay invoices in a timely manner.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has decreased over the past three periods, from 59% in the first period to 84% in the third period. However, there was a slight increase to 86% in the fourth period, before decreasing again to 88% in the fifth period. This suggests that the company has become more consistent in paying invoices within 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Chubb Standard contract terms are 45 days (both long form and short form agreements). However, approved invoices are generally paid as soon as they are received.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
45
Dispute Resolution Process
All disputes shall be referred to the Chubb Authorised Representative and Supplier Authorised Representative (together, Representatives) for resolution. The Representatives shall meet to resolve the dispute as soon as reasonably practicable after referral and in any event within seven (7) days of such referral. If a dispute is not resolved within seven (7) days of the dispute being referred to the Representatives for resolution, then the dispute shall be referred to the Managing Director of Chubb and the Managing Director of Supplier. The Managing Directors shall meet to resolve the dispute as soon as reasonably practicable after referral and in any event within seven days of such referral. If a dispute is not resolved within 35 days of the dispute first being referred to the Representatives for resolution then the Parties shall be entitled to commence legal proceedings in connection with the dispute or to settle the dispute through any other alternative dispute resolution procedure that the Parties may agree in relation to the dispute.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available