MARKERSTUDY INSURANCE SERVICES LIMITED
Company Information
- Company Number
- 02135730
- Registered Address
- 45 Westerham Road, Bessels Green, Sevenoaks, Kent, England, TN13 2QB
- Status
- Active
- Employee Count
- 1,477
- Turnover
- £90,157,000
- EBITDA
- -£5,941,000
Additional Details
- Website
- https://markerstudy.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 May 1987
- Nature of Business
- 65120 - Non-life insurance66220 - Activities of insurance agents and brokers
- Industries
- Financial Services,Travel And Transportation
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 59 | 36% | 31% | 33% | 65% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 28 | 56% | 38% | 6% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 31 | 63% | 26% | 12% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Jan 2024 | 41 | 50% | 31% | 19% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2024 | 73 | 23% | 35% | 42% | 6% |
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
30 days from date of invoice
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
Suppliers are contacted to notify them if there is an issue with the invoice, service or goods. The business representative who ordered the goods/services from the supplier then works to resolve any issue with their contact at the supplier. The supplier can also contact the finance team regarding payment. Disputes will be escalated up the management chain if not satisfactorily resolved.
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
MARKERSTUDY INSURANCE SERVICES LIMITED is a UK-based insurance company that offers a wide range of insurance products and services to its customers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote responsible business practices.
The company offers a variety of insurance products, including motor, home, pet, travel, and commercial insurance. They also provide bespoke insurance solutions for niche markets such as taxi, courier, and public liability insurance. Their products are designed to meet the specific needs of their customers and are backed by excellent customer service.
At MARKERSTUDY INSURANCE SERVICES LIMITED, sustainability is at the core of their operations. The company has implemented various measures to reduce their carbon footprint, such as using renewable energy sources, promoting paperless policies, and recycling waste materials. They are also committed to supporting local communities and have partnered with various charitable organizations.
The key people at MARKERSTUDY INSURANCE SERVICES LIMITED include CEO Kevin Spencer and COO Gary Humphreys, who have a wealth of experience in the insurance industry. They lead a team of dedicated professionals who are committed to providing excellent insurance products and services to their customers.
The company's website (www.markerstudy.com) provides comprehensive information about their products and services, as well as their sustainability initiatives. Customers can contact them through their online contact form or by calling their customer service hotline. Their registered office address is Markerstudy House, 45 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB, UK.
Overall, MARKERSTUDY INSURANCE SERVICES LIMITED is a reputable insurance company that offers sustainable insurance solutions to its customers. With a strong focus on sustainability and a team of experienced professionals, the company is well-equipped to meet the insurance needs of its customers while promoting responsible business practices.
