Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 28 Jan 2026 | 52 | 24% | 55% | 21% | 88% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 59 | 36% | 31% | 33% | 65% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 45 | 30% | 48% | 22% | 9% |
| 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% |
This information is as reported by the business, and responses are in their own words.
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
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.
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
Markerstudy Insurance Services Limited is part of the Markerstudy Group of companies and is authorised and regulated by the Financial Conduct Authority. It provides motor insurance products, including private car, commercial vehicle, fleet and taxi insurance, working through brokers and intermediaries to policyholders. The company also offers guidance on making claims, complaints and fraud prevention, and supports customers involved in accidents or disputes over policies. It operates as the insurance services arm within the wider Markerstudy Group, which also includes other companies such as Auto Windscreens, Vision Vehicles and VisionTrack.
Generated from the company's website and Companies House records. Sources: markerstudy.com · markerstudy.com