ALLIANZ UK LIMITED

Company Information

Company Number
01989349
Registered Address
57 Ladymead, Guildford, Surrey, GU1 1DB
Status
Active
Employee Count
0
Turnover
£200,000,000
EBITDA
£199,979,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 February 1986
Nature of Business
64205 - Activities of financial services holding companies
Industries
Financial Services
Region
South East

Company Review

Trend Analysis

The data for ALLIANZ (UK) LIMITED shows an increasing trend in the average time taken to pay invoices over the three periods. In the first period (Jul 2021), the average time to pay was not available, indicating that the company may have recently started their operations. In the second period (Jan 2022 - Jun 2022), the average time to pay was 0 days, indicating that all invoices were paid within the agreed terms. However, in the third period (Jul 2022 - Dec 2022), the average time to pay increased to 15 days, and in the fourth period (Jan 2023 - Jun 2023), it further increased to 20 days. This indicates that the company may be facing challenges in managing their cash flow, resulting in longer payment times.

Volatility Analysis

The data for ALLIANZ (UK) LIMITED shows a relatively stable trend in the percentage of invoices paid within 30 days, with a slight decrease from 100% in the second period to 95.8% in the fourth period. However, there is a significant increase in the percentage of invoices paid between 31 and 60 days, from 0% in the second period to 75.4% in the fourth period. This indicates that there has been a significant shift in the company's payment behavior, with more invoices being paid later than 30 days but within 60 days. There is also a sharp increase in the percentage of invoices paid later than 60 days, from 0% in the second period to 20.8% in the fourth period. This could be a cause for concern, as it may indicate a potential delay in payments to suppliers.

Summary Analysis

Based on the data, there has been a significant increase in the average time taken to pay invoices for ALLIANZ (UK) LIMITED over the three periods. This is reflected in the increase in the percentage of invoices paid between 31 and 60 days, as well as the percentage of invoices paid later than 60 days. However, the company still maintains a high percentage of invoices paid within 30 days, indicating that they are making efforts to pay their suppliers on time. The shortest (or only) standard payment period for ALLIANZ (UK) LIMITED is not available, as the data for the first period does not include this information.

Performance Reports History

Reporting Period Filed: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202331 Jul 2023
01 Jul 2022 - 31 Dec 202224 Jan 2023
01 Jan 2022 - 30 Jun 202227 Jul 2022
01 Jul 2021 - 31 Jul 202127 Jan 2022

Payment Time Trends

Payment Distribution Trends

Company Summary

ALLIANZ (UK) LIMITED is a leading insurance and financial services company in the United Kingdom, operating as part of the global ALLIANZ Group. The company offers a wide range of insurance products and services, including property and casualty insurance, life and health insurance, and asset management.

The company's sustainability program is a key focus, with a commitment to responsible business practices and environmental sustainability. ALLIANZ (UK) LIMITED has set targets to reduce its carbon footprint and increase the use of renewable energy sources. They also support a number of community and charitable initiatives, including volunteering and fundraising efforts.

Some of the key people at ALLIANZ (UK) LIMITED include CEO Jon Dye, who has been with the company since 2003, and CFO Mark Churchlow, who joined in 2017. The company has a strong leadership team with extensive experience in the insurance industry.

Customers can contact ALLIANZ (UK) LIMITED through their website, which also provides information on their products and services. The company's registered office address is at 57 Ladymead, Guildford, Surrey, GU1 1DB. Overall, ALLIANZ (UK) LIMITED is a reputable and sustainable company that provides reliable insurance and financial solutions to its customers in the UK.

Financial Metrics

Cash
£537,000
Net Worth
£1,611,837,000
Total Current Assets
£1,611,887,000
Total Current Liabilities
£50,000

Company Location