JLT MANAGEMENT SERVICES LIMITED
Company Information
- Company Number
- 01787359
- Registered Address
- 1 Tower Place West, Tower Place, London, United Kingdom, EC3R 5BU
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £42,147,000
Additional Details
- Website
- https://jltgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 31 January 1984
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2019 - 30 Jun 2019 | 29 Jul 2019 | 11 | 99% | 1% | 0% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 22 | 82% | 16% | 2% | 31% |
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
The company’s standard payment term for payment of invoices is 30 days, although this can vary if a different payment term is agreed with a 3rd party.
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
The company uses supplier terms as well as our own to define any dispute resolution process so consequently they may differ from contract to contract. The process may involve a number of levels of peer to peer escalation starting with business and relationship managers through to commercial and contract managers and finally senior management executives depending on how quickly resolution is achieved. If disputes cannot be resolved internally then both parties may need to utilise the services of a third party arbitrator. The key to resolving disputes should be that they are raised in a timely manner and if not resolved within the agreed timeframe are escalated to the next level with the view of resolving any disputes quickly and settling invoices as soon as possible.
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.
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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?
❌
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
JLT Management Services Limited is a leading provider of insurance, reinsurance, and employee benefits consulting services. The company was founded in 1982 and is headquartered in London, UK.
The company offers a wide range of services including risk management, insurance broking, and employee benefits consulting. They work with clients across various industries to help them manage and mitigate their risks, protect their assets, and improve their employee benefits packages.
JLT Management Services Limited is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact. They have a comprehensive sustainability program in place, which includes reducing their carbon footprint, promoting eco-friendly practices, and engaging with their stakeholders to raise awareness about sustainability.
The company offers a range of products and services to help clients achieve their sustainability goals. These include renewable energy insurance, carbon offsetting solutions, and sustainability consulting services. They also work with clients to develop customized sustainability strategies that meet their specific needs and objectives.
The key people at JLT Management Services Limited include the CEO, Neil Jones, and the Chairman, Mark Drummond Brady. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The company's contact information, including their website address and registered office address, can be found on their website. Their registered office is located at The St Botolph Building, 138 Houndsditch, London, EC3A 7AW, UK. Their website, www.jlt.com, provides detailed information about their services, sustainability program, and contact details.
