AXA PPP HEALTHCARE LIMITED

PaymentCheck Score 2025
96Excellent
1.8vs last year
#375 in UK
#70 in Financial Services
#176 in London

Company Information

Company Number
03148119
Registered Address
20 Gracechurch Street, London, United Kingdom, EC3V 0BG
Status
Active
Employee Count
0
Turnover
£1,708,000,000
EBITDA
£164,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 January 1996
Nature of Business
65120 - Non-life insurance
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
22 days
Shortest Period:21 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms2%

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: 2025-07-17
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 202517 Jul 20252298%2%0%2%
01 Jan 2024 - 30 Jun 202422 Jul 20242295%5%0%5%
01 Jul 2023 - 31 Dec 202323 Jan 20242198%2%0%2%
01 Jan 2023 - 30 Jun 202326 Jul 20231897%3%0%3%
01 Jul 2022 - 31 Dec 202224 Jan 2023699%1%0%1%
01 Jan 2022 - 30 Jun 202221 Jul 2022698%2%0%2%
01 Jul 2021 - 31 Dec 202124 Jan 2022698%2%0%2%
01 Jan 2021 - 30 Jun 202123 Jul 2021499%1%0%1%
01 Jan 2019 - 30 Jun 201929 Jul 20191895%4%1%26%
01 Jul 2018 - 31 Dec 201823 Jan 20192197%3%0%17%
01 Jan 2018 - 30 Jun 201823 Jul 20182195%4%1%19%

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

Standard contractual terms for goods and services is 30 days. Invoices for which no payment is required because they are covered completely by credit notes would not count as a payment for the purposes of the statistics about payments made (i.e. the average time taken to pay and the proportion paid within 30/60/61+ days), or payments due in the reporting period and the proportion of these paid within the agreed payment period.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any question or difference which may arise concerning the creation, construction, meaning, validity or effect of this Agreement, or any matter arising out of or in connection with this Agreement, shall in the first instance be referred to the AXA Representative and the Supplier Representative for discussion and resolution as soon as reasonably possible and, in any event, within fifteen (15) days of such referral. If the matter is not resolved at this meeting, the dispute shall be escalated to the chief executive officer (or equivalent management position) of the parties as soon as reasonably possible and, in any event, within a further fifteen (15) days. If the unresolved matter is having a serious effect on the Services, the parties shall use reasonable endeavours to reduce the elapsed time in completing the process. Neither party may initiate any legal action until the process has been completed, unless such party has reasonable cause to do so to avoid damage to its business or to protect or preserve any right of action it may have. Any dispute which is not resolved after being escalated by the parties under Clause 39.2 may, at the request of either party to the other (the "Request"), be referred to mediation in accordance with the Centre for Dispute Resolution Mediation Procedure as follows:- - the mediation shall be conducted by a single mediator who shall be appointed by agreement in writing between the parties or, if the parties are unable to agree on the identity of the mediator within five (5) Business Days after the date of the Request, or if the mediator nominated by the parties for appointment is or becomes unable or unwilling to act, the mediator shall be appointed by the Centre for Dispute Resolution on the application of either party; - the mediation shall be conducted in London and in the English language; - save for the purposes of implementing and/or enforcing a written legally binding settlement agreement or as otherwise required by law, the mediation shall be conducted without prejudice to the rights of the parties in any future proceedings; and - the costs of the mediation, including the fees and expenses of the mediator (but excluding the parties' own costs, which shall be borne by the party incurring those costs), shall be borne equally by the parties, unless otherwise agreed in writing in the settlement agreement. If a dispute is referred to mediation then, unless both parties have accepted the decision of the mediator or otherwise agreed to resolve the dispute, within twenty eight (28) days of the final decision of the mediator having been delivered to the parties, the Dispute Resolution Procedure shall be deemed exhausted in respect of the dispute in question.

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

AXA PPP HEALTHCARE LIMITED is a leading provider of private healthcare insurance in the UK. The company offers a range of products and services to individuals, businesses, and international clients.

The company's sustainability program is centered around promoting healthy lifestyles and reducing environmental impact. They have launched initiatives such as the AXA Active Plus program, which offers discounts on fitness and wellness activities, and the AXA Health Tech & You Awards, which recognizes innovative health technology solutions.

AXA PPP HEALTHCARE LIMITED's products and services include health insurance plans, dental plans, and cashback health plans. They also offer access to a network of healthcare providers, including hospitals, clinics, and specialists.

Key people at AXA PPP HEALTHCARE LIMITED include Tracy Garrad, the CEO, and Dr. Chris Tomkins, the Chief Medical Officer. The company's registered office address is 5 Old Broad Street, London, EC2N 1AD, United Kingdom.

The company's website address is https://www.axappphealthcare.co.uk/, where customers can find information about their products, services, and sustainability efforts. They also have a customer service line at 0800 111 4004 for any inquiries or assistance. With their commitment to promoting wellness and providing quality healthcare, AXA PPP HEALTHCARE LIMITED continues to be a trusted and reliable choice for private healthcare insurance in the UK.

Financial Metrics

Cash
£36,000,000
Net Worth
£375,000,000
Total Current Assets
£543,000,000
Total Current Liabilities
£265,000,000

Company Location