QBE MANAGEMENT SERVICES (UK) LIMITED
Company Information
- Company Number
- 03153567
- Registered Address
- 30 Fenchurch Street, London, United Kingdom, EC3M 3BD
- Status
- Active
- Employee Count
- 2,427
- Turnover
- £629,310,000
- EBITDA
- £36,263,000
Additional Details
- Website
- https://group.qbe.com
- Company Type
- Private limited Company
- Incorporated On
- 31 January 1996
- Nature of Business
- 70100 - Activities of head offices82990 - Other business support service activities not elsewhere classified
- Industries
- Professional 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 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 21 | 83% | 10% | 7% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 28 | 77% | 15% | 8% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 29 | 84% | 7% | 9% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 23 | 86% | 8% | 6% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 46 | 83% | 7% | 11% | 36% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 42 | 82% | 9% | 10% | 37% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 44 | 64% | 18% | 18% | 36% |
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 from receipt of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Where payment terms are not recorded in the system the default figure of 30 days has been used to calculate the Invoices due but not paid within agreed terms figure in section 1.
Maximum contractual payment period agreed
30
Dispute Resolution Process
We have defined escalation points within our standard supplier contracts for dealing with disputes that arise under the contract. This would include disputes regarding invoices and payment terms. However, we do not have a standard formal dispute resolution process beyond this escalation.
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
QBE MANAGEMENT SERVICES (UK) LIMITED is a leading insurance and reinsurance company that provides a range of risk management solutions and services to clients in the UK and globally. The company is headquartered in London and has a strong focus on sustainability and responsible business practices.
The sustainability program of QBE MANAGEMENT SERVICES (UK) LIMITED is guided by their commitment to creating a positive impact on the environment, society, and economy. They have set ambitious targets to reduce their carbon footprint and have implemented various initiatives to promote sustainable practices within their operations and supply chain.
The company offers a wide range of insurance and reinsurance products and services, including property, casualty, marine, and specialty lines. They cater to various industries such as construction, healthcare, transportation, and more. QBE MANAGEMENT SERVICES (UK) LIMITED also specializes in risk management services, providing tailored solutions to help clients mitigate and manage potential risks.
Key people at QBE MANAGEMENT SERVICES (UK) LIMITED include Richard Pryce, the CEO of QBE European Operations, and John Neal, the Group CEO. They lead a team of experienced professionals who are dedicated to providing excellent customer service and delivering innovative risk management solutions.
To contact QBE MANAGEMENT SERVICES (UK) LIMITED, individuals can visit their website at www.qbe.com/uk or reach out to their registered office at Plantation Place, 30 Fenchurch Street, London, EC3M 3BD. With their strong sustainability program and diverse range of products and services, QBE MANAGEMENT SERVICES (UK) LIMITED continues to be a leader in the insurance and reinsurance industry.
