MARSH SERVICES LIMITED
Company Information
- Company Number
- 03053552
- Registered Address
- 1 Tower Place West, Tower Place, London, EC3R 5BU
- Status
- Active
- Employee Count
- 7,340
- Turnover
- £826,000,000
- EBITDA
- -£14,000,000
Additional Details
- Website
- https://marsh.com
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1995
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Education,Environment,Agriculture And Waste,Financial Services,Information Technology,Telecommunications And Data,Professional Services,Property,Infrastructure And Construction,Safety And Security,Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- London
Company Review
Trend Analysis
The average time taken by MARSH SERVICES LIMITED to pay invoices to suppliers has been consistently at 29 days from 2018 to 2023.
Volatility Analysis
The percentage of invoices paid within 30 days has remained at 44% from 2018 to 2023. However, there is a slight increase in the percentage of invoices paid between 31 and 60 days from 56% in 2018 to 58% in 2023. There has been no change in the percentage of invoices paid later than 60 days, remaining at 0% throughout the period. The percentage of invoices not paid within agreed terms has also remained at 6% from 2018 to 2023. The shortest (or only) standard payment period has also remained at 30 days from 2018 to 2023.
Summary Analysis
In the past three periods (2018 to 2023), there have been no major changes in the payment behavior of MARSH SERVICES LIMITED. The average time taken to pay invoices, percentage of invoices paid within 30 days, and invoices not paid within agreed terms have all remained consistent. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days. This could indicate that the company is experiencing some delays in payments, but it is still within a reasonable timeframe.
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 44% | 56% | 0% | 6% |
Payment Time Trends
Payment Distribution Trends
Company Summary
MARSH SERVICES LIMITED is a leading insurance broking and risk management company based in the United Kingdom. Founded in 1871, the company has a long history of providing innovative solutions to its clients.
The company offers a wide range of products and services including risk assessment, insurance placement, claims handling, and risk consulting. They cater to a diverse clientele including businesses, individuals, and organizations of all sizes.
One of the key focuses of MARSH SERVICES LIMITED is sustainability. The company is committed to promoting sustainable practices and helping their clients manage their risks in a responsible manner. They have implemented various initiatives such as reducing paper usage, promoting energy efficiency, and supporting community projects to reduce their environmental impact.
The company's sustainability program also extends to their products and services. They offer sustainable insurance solutions that cover environmental, social, and governance risks. These solutions help their clients manage their operations in a sustainable way and fulfill their corporate social responsibility.
MARSH SERVICES LIMITED has a team of experienced and knowledgeable professionals who are dedicated to delivering the best solutions to their clients. The company's leadership team includes executives with diverse backgrounds and expertise, ensuring a well-rounded approach to risk management.
For those looking to contact MARSH SERVICES LIMITED, their website address is www.marsh.com/uk. Their registered office address is Tower Place West, Tower Place, London, EC3R 5BU, United Kingdom. The company also has offices in various locations across the UK, making it easily accessible to clients nationwide.
