Score of 83.33/100 qualifies for PaymentCheck Certification
| 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 | 03 Feb 2026 | 25 | 87% | 10% | 3% | 15% |
| 01 Jan 2025 - 30 Jun 2025 | 11 Aug 2025 | 34 | 75% | 17% | 8% | 33% |
| 01 Jul 2024 - 31 Dec 2024 | 11 Aug 2025 | 22 | 73% | 17% | 10% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Oct 2024 | 29 | 85% | 10% | 5% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Oct 2024 | 30 | 76% | 16% | 8% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 16 | 84% | 10% | 6% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 49 | 63% | 21% | 16% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 40 | 63% | 22% | 15% | 36% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 31 | 72% | 18% | 10% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 35 | 69% | 18% | 13% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 19 Jan 2021 | 34 | 69% | 17% | 14% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 34 | 69% | 17% | 14% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 27 Sept 2019 | 28 | 75% | 14% | 11% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We pay according to the due date on the 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
120
Canopius Services Limited is committed to treating suppliers fairly and will always pay suppliers where goods and/or services meet their contractual obligations. In rare instances where goods and/or services do not meet their contractual obligations the department responsible will endeavour to come to a mutually acceptable agreement with the supplier. In the highly improbable circumstance that no agreement can be reached the dispute will be escalated to our in-house legal team for assistance in ending the dispute
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CANOPIUS SERVICES LIMITED is a UK-based company that provides a variety of services in the insurance industry. They offer sustainability programs, products, and services to their clients, making them a leader in the sustainable insurance market.
Their sustainability program focuses on reducing their carbon footprint and promoting a more eco-friendly approach in their business operations. They have implemented measures such as using renewable energy sources, reducing paper usage, and promoting recycling.
CANOPIUS SERVICES LIMITED offers a range of insurance products and services to their clients, including property, casualty, and specialty insurance. They also provide risk management solutions to help their clients mitigate and manage potential risks.
The key people at CANOPIUS SERVICES LIMITED include their CEO, Michael Watson, who has extensive experience in the insurance industry, and their CFO, Neil Robertson. They also have a team of dedicated professionals who are committed to providing excellent service to their clients.
For more information on their services and sustainability program, interested parties can visit their website at www.canopius.com. Their registered office address is at 3 Minster Court, Mincing Lane, London EC3R 7DD, United Kingdom.
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