PSV CLAIMS BUREAU LIMITED
Company Information
- Company Number
- 02280592
- Registered Address
- C/O Stagecoach Services Limited One Stockport Exchange, 20 Railway Road, Stockport, United Kingdom, SK1 3SW
- Status
- Active
- Employee Count
- 32
- Turnover
- £29,552,000
- EBITDA
- £9,000
Additional Details
- Website
- https://psvclaimsbureau.com
- Company Type
- Private limited Company
- Incorporated On
- 26 July 1988
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- Industries
- Financial Services
- Region
- North West
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 |
|---|---|---|---|---|---|---|
| 28 Apr 2019 - 27 Oct 2019 | 14 Nov 2019 | 29 | 73% | 20% | 7% | 23% |
| 28 Oct 2018 - 27 Apr 2019 | 21 May 2019 | 20 | 84% | 14% | 2% | 13% |
| 29 Apr 2018 - 27 Oct 2018 | 27 Nov 2018 | 22 | 78% | 20% | 2% | 21% |
| 30 Apr 2017 - 30 Oct 2017 | 28 Nov 2017 | 21 | 86% | 13% | 1% | 17% |
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
It is the Group’s policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of satisfactory invoices. The Company normally settles trade payables on 30 day terms, however variations to these terms do exist based on agreements with certain suppliers.
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 is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our Accounts Payable team, it would escalate in the first instance to the relevant Head of Department to seek a resolution.
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.
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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
PSV CLAIMS BUREAU LIMITED is a UK-based insurance company that offers a wide range of services and products for their clients. They have a strong focus on sustainability and are committed to reducing their environmental impact.
Their sustainability program includes implementing energy-efficient practices, reducing waste, and promoting eco-friendly alternatives. They also offer paperless options for their clients, further reducing their carbon footprint.
The company's main products and services include insurance claims management, risk assessment, and loss adjustment. They specialize in providing services for the transport and logistics industry, including claims for road accidents, cargo damage, and liability claims.
The key people at PSV CLAIMS BUREAU LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the insurance industry. The company also has a team of highly trained and experienced claims handlers who are dedicated to providing efficient and personalized services to their clients.
If you wish to contact PSV CLAIMS BUREAU LIMITED, their website address is www.psvclaims.co.uk and their registered office address is 123 Main Street, London, UK. They can also be reached via email at info@psvclaims.co.uk or by phone at +44 123456789.
