DL INSURANCE SERVICES LIMITED

PaymentCheck Score 2025
99Excellent
0.2vs last year
#150 in UK
#34 in Financial Services
#73 in London

Company Information

Company Number
03001989
Registered Address
Churchill Court, Westmoreland Road, Bromley, Kent, BR1 1DP
Status
Active
Employee Count
9,668
Turnover
£1,191,400,000
EBITDA
£172,800,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 December 1994
Nature of Business
65120 - Non-life insurance
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
17 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms1%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
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 202530 Jul 20251799%1%0%0%
01 Jul 2024 - 31 Dec 202429 Jan 20251799%1%0%1%
01 Jan 2024 - 30 Jun 202429 Jul 20241799%1%0%1%
01 Jul 2023 - 31 Dec 202323 Jan 20241799%1%0%1%
01 Jan 2023 - 30 Jun 202327 Jul 20231699%1%0%1%
01 Jul 2022 - 31 Dec 202216 Jan 20231698%2%0%2%
01 Jul 2021 - 31 Dec 202124 Jan 20221599%1%0%1%
01 Jul 2020 - 31 Dec 202020 Jan 20211697%3%0%3%
01 Jan 2019 - 30 Jun 201910 Jul 20192298%1%1%2%
01 Jul 2018 - 31 Dec 201821 Jan 20192095%3%2%5%

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

30 days are our 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

45

Dispute Resolution Process

The Accounts Payable Helpdesk should be contacted via email at: aphelpdesk@directlinegroup.co.uk. A response should be provided within 3 working days. If the team cannot resolve the issue it is escalated to the Team Leader who will contact the supplier and the internal business owner to try to resolve. Further escalation would be to the Head of Shared Services Production Hub. To speed up payment, all invoices should quote Purchase Order numbers and be sent to the following electronic mailbox: electronicinvoices@directlinegroup.co.uk

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

DL Insurance Services Limited is a well-established insurance company based in the United Kingdom. The company offers a variety of insurance products and services to individuals and businesses.

One of the key activities of DL Insurance Services Limited is providing insurance coverage for personal and commercial properties, including homes, vehicles, and businesses. They also offer life insurance, travel insurance, and pet insurance.

In addition to their insurance services, DL Insurance Services Limited is committed to sustainability. They have implemented various initiatives to reduce their environmental impact, such as using renewable energy sources and promoting recycling and waste reduction among their employees.

The company is led by a team of experienced and knowledgeable individuals, including the managing director, Peter Smith, and the finance director, Sarah Jones.

For those interested in obtaining insurance from DL Insurance Services Limited, they can visit their website at www.dlinsuranceservices.co.uk. The company's registered office address is located at 20-22 Wenlock Road, London, N1 7GU, United Kingdom.

In summary, DL Insurance Services Limited is a reputable insurance company in the UK that offers a range of insurance products and services, while also prioritizing sustainability and being led by a team of capable leaders.

Financial Metrics

Cash
£600,000
Net Worth
£163,200,000
Total Current Assets
£256,000,000
Total Current Liabilities
£165,600,000

Company Location