The data for LIBERTY CORPORATE CAPITAL LIMITED shows a consistent trend of paying invoices within a short period of time, with an average time to pay of 9 days and 100% of invoices being paid within 30 days for the two periods from 2018-01-01 to 2018-12-31. However, there is missing data for the following periods and it is difficult to determine the trend for the company's payment practices in the future.
Based on the available data, there is no significant volatility in LIBERTY CORPORATE CAPITAL LIMITED's payment practices. This is reflected in the consistent 100% of invoices being paid within 30 days and 0% of invoices being paid later than 60 days for the two periods from 2018-01-01 to 2018-12-31.
Based on the data available, LIBERTY CORPORATE CAPITAL LIMITED has consistently paid invoices within 30 days for the two periods from 2018-01-01 to 2018-12-31. There are no major changes in their payment practices during this time period.
| 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 2023 - 31 Dec 2023 | 30 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 9 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 10 Aug 2018 | 9 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment upon receipt
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
In the event an invoice may not be settled in a timely manner or have an issue/dispute, suppliers can email the accounts payable department at LSM_AccountsPayable@LibertyGlobalGroup.com where this inbox is monitored during business hours. We aim to respond to emails within 24 hours within business hours.
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
Liberty Corporate Capital Limited is a UK-registered insurance entity based in London, with a Companies House classification covering non-life insurance and non-life reinsurance. It forms part of Liberty Specialty Markets, itself part of the Liberty Mutual Insurance Group, which provides specialist insurance products including cyber, marine, commercial property, casualty, energy and construction, directors and officers, and professional indemnity cover. The wider group reports a combined gross written premium of $4,801 million and holds ratings of A+ from Standard & Poor's and A from A. M. Best. This entity's role sits within that corporate structure rather than as an independent trading brand, supporting the group's specialist insurance underwriting activities.
Generated from the company's website and Companies House records. Sources: libertyspecialtymarkets.com