AUTOMOBILE ASSOCIATION INSURANCE SERVICES LIMITED
Company Information
- Company Number
- 02414212
- Registered Address
- Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA
- Status
- Active
- Employee Count
- 0
- Turnover
- £295,000,000
- EBITDA
- £114,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 August 1989
- Nature of Business
- 66220 - Activities of insurance agents and brokers
- Industries
- Financial Services
- 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 Feb 2025 - 31 Jul 2025 | 04 Nov 2025 | 26 | 91% | 4% | 5% | 74% |
| 01 Aug 2024 - 31 Jan 2025 | 29 May 2025 | 22 | 86% | 8% | 6% | 60% |
| 01 Feb 2024 - 31 Jul 2024 | 29 May 2025 | 23 | 88% | 7% | 5% | 69% |
| 01 Feb 2023 - 31 Jul 2023 | 26 Feb 2024 | 30 | 90% | 6% | 4% | 60% |
| 01 Aug 2022 - 31 Jan 2023 | 26 Feb 2024 | 19 | 87% | 6% | 7% | 37% |
| 01 Aug 2021 - 31 Aug 2022 | 04 Oct 2022 | 20 | 90% | 5% | 5% | 27% |
| 01 Feb 2022 - 31 Jul 2022 | 04 Oct 2022 | 20 | 89% | 5% | 6% | 36% |
| 01 Aug 2020 - 31 Jan 2021 | 08 Jul 2021 | 34 | 82% | 6% | 12% | 18% |
| 01 Feb 2020 - 31 Jul 2020 | 27 Aug 2020 | 25 | 96% | 1% | 3% | 13% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 20 | 85% | 7% | 8% | 40% |
| 01 Aug 2018 - 31 Jan 2019 | 22 Feb 2019 | 22 | 85% | 7% | 8% | 34% |
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
The majority of invoices are on 42 days terms
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
We have a no PO no pay policy in place which reduces the number of unrecognised invoices. A statement will be received from the company and reconciled by the accounts payable team. We have established and documented processes to handle escalation in the case of a dispute.
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
Automobile Association Insurance Services Limited (AAISL) is a British insurance company that offers a range of insurance products and services for automobiles. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
AAISL offers a variety of insurance products, including car insurance, home insurance, travel insurance, and pet insurance. They also provide breakdown cover for vehicles, as well as additional services such as route planning and vehicle checks.
The company's sustainability program focuses on reducing their carbon footprint and promoting eco-friendly practices. This includes using recycled materials in their operations, implementing energy-saving measures, and promoting paperless transactions.
The key people at AAISL include CEO Mark Strathern and Managing Director Matthew Reed. The company's registered office address is Fanum House, Basing View, Basingstoke, Hampshire, RG21 4EA. Their website, www.theaa.com/insurance, provides detailed information about their products and services, as well as ways to contact them for inquiries or assistance.
In summary, AAISL is a prominent insurance company in the UK that offers a variety of insurance products and services for automobiles. They are dedicated to promoting sustainability and have implemented various measures to reduce their environmental impact. With a strong leadership team and a commitment to customer service, AAISL continues to be a trusted choice for insurance needs.
