AXIS EUROPE LIMITED

PaymentCheck Score 2025
77Good
8.6vs last year
#1998 in UK
#135 in Professional Services
#853 in London

Company Information

Company Number
01991637
Registered Address
3 Tramway Avenue, London, England, E15 4PN
Status
Active
Employee Count
1,024
Turnover
£244,262,000
EBITDA
£23,832,000

Additional Details

Company Type
Public limited Company
Incorporated On
20 February 1986
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Professional Services,Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
60%
31-60 Days
39%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202518 Oct 20252855%44%1%1%
01 Oct 2023 - 31 Mar 202425 Apr 20242753%46%1%42%
01 Apr 2023 - 30 Sept 202318 Oct 20232948%51%1%26%
01 Apr 2022 - 30 Sept 202217 Oct 20223141%58%1%69%
01 Apr 2021 - 30 Sept 202123 Oct 20213336%61%3%71%
01 Oct 2020 - 31 Mar 202125 Apr 20212945%54%1%84%
01 Apr 2020 - 30 Sept 202016 Oct 20203269%31%0%73%
01 Apr 2019 - 30 Sept 201910 Oct 20192484%16%0%93%
01 Apr 2018 - 30 Sept 201831 Oct 20182385%15%0%69%

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

Standard Payment terms • Suppliers 30 days End of Month • Subcontractors 60 Days from Invoice date

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

60

Dispute Resolution Process

Any disputed invoices are esculated to the relevant contract manager and resolved. In the rare event it is not resolved it goes to Arbitration or Legal

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.

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.

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

AXIS EUROPE PLC is a leading multinational insurance and financial services company based in London, United Kingdom. The company offers a wide range of products and services, including property and casualty insurance, life and health insurance, and financial and risk management services.

One of the key focuses of AXIS EUROPE PLC is sustainability. The company has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources, reducing carbon emissions, and promoting responsible investment practices. AXIS EUROPE PLC also works closely with its clients to help them manage and mitigate their own environmental risks.

The company's products and services are designed to meet the needs of its diverse customer base, which includes individuals, small businesses, and large corporations. AXIS EUROPE PLC has a strong presence in the European market, with operations in over 25 countries.

The company is led by a team of experienced and dedicated professionals, including its Chief Executive Officer, Peter Wilson. Under their leadership, AXIS EUROPE PLC has become a trusted and reliable partner for its customers, providing them with innovative and tailored solutions to their insurance and financial needs.

For more information about AXIS EUROPE PLC and its products and services, individuals can visit their website at www.axiseurope.com. The company's registered office address is at 1 Undershaft, London EC3P 3DQ, United Kingdom.

Financial Metrics

Cash
£48,086,774
Net Worth
£67,393,123
Total Current Assets
£115,253,395
Total Current Liabilities
£58,461,634

Company Location