POOL REINSURANCE COMPANY LIMITED
Company Information
- Company Number
- 02798901
- Registered Address
- 7 Savoy Court, London, United Kingdom, WC2R 0EX
- Status
- Active
- Employee Count
- 42
- Turnover
- -£15,119,000
- EBITDA
- £423,705,000
Additional Details
- Website
- https://poolre.co.uk/
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 8 March 1993
- Nature of Business
- 65202 - Non-life reinsurance
- Industries
- Financial Services
- Region
- London
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 20 | 90% | 10% | 0% | 6% |
| 01 Jan 2024 - 31 Mar 2024 | 30 Jul 2024 | 29 | 67% | 33% | 0% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 24 | 79% | 18% | 3% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 18 | 95% | 5% | 0% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 23 | 89% | 10% | 1% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 21 | 93% | 7% | 0% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 20 | 96% | 4% | 0% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 13 | 100% | 0% | 0% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 22 | 84% | 12% | 4% | 29% |
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 entity does not hold or impose standard payment terms for suppliers. Payment terms are dependent on the nature of the transaction, ranging from 'immediate payment' to 31 days, payment terms are negotiated on a case by case basis. For the purpose of reporting, the median has been assumed as the standard payment 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
90
Dispute Resolution Process
The Finance team is contactable via telephone, email or post. In most cases, the supplier can follow up on bills to the same centralised email address, which is regularly monitored, to which they submitted the original invoice.
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
POOL Reinsurance Company Limited is a leading global provider of reinsurance services, specializing in property and casualty insurance. The company was established in 1993 and is headquartered in London, UK.
As a responsible corporate citizen, POOL Re is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include reducing paper usage, promoting recycling, and using sustainable materials in its operations.
The company offers a range of reinsurance products and services, including catastrophe, property, and terrorism cover. Its clients include insurance companies, government agencies, and other organizations in the UK and worldwide.
The key people at POOL Re include Chief Executive Officer, Julian Enoizi, and Chairman, Nicholas Wells. They are supported by a team of experienced professionals who are dedicated to providing high-quality reinsurance solutions to their clients.
For more information on their products and services, interested parties can visit their website at www.poolre.co.uk. The registered office address of POOL Re is 3 Minster Court, London EC3R 7DD, UK. The company can also be contacted via email at info@poolre.co.uk or by phone at +44 (0) 20 7337 9888.
In conclusion, POOL Reinsurance Company Limited is a reputable reinsurance provider with a strong commitment to sustainability. With a wide range of products and services and a team of experienced professionals, the company continues to be a trusted partner for insurance companies and organizations worldwide.
