CANOPIUS SERVICES LIMITED

Company Information

Company Number
02733994
Registered Address
Floor 29 22 Bishopsgate, London, United Kingdom, EC2N 4BQ
Status
Active
Employee Count
551
Turnover
£160,882,000
EBITDA
£2,853,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 July 1992
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:1 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
73%
31-60 Days
17%
After 60 Days
10%
Not Paid Within Terms35%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2025-08-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202511 Aug 20253475%17%8%33%
01 Jul 2024 - 31 Dec 202411 Aug 20252273%17%10%35%
01 Jul 2022 - 31 Dec 202226 Jan 20234963%21%16%36%
01 Jan 2022 - 30 Jun 202213 Jul 20224063%22%15%36%
01 Jul 2020 - 31 Dec 202019 Jan 20213569%18%13%34%
01 Jan 2020 - 30 Jun 202019 Jan 20213469%17%14%22%

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

We pay according to the due dates that appear on the invoices

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

Dispute Resolution Process

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

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

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.\n\nTheir 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.\n\nCANOPIUS 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.\n\nThe 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.\n\nFor 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

Financial Metrics

Cash
£64,000
Net Worth
£15,602,000
Total Current Assets
£45,275,000
Total Current Liabilities
£39,565,000

Company Location