BISL LIMITED

Company Information

Company Number
03231094
Registered Address
Fusion House Katharine Way, Bretton, Peterborough, United Kingdom, PE3 8BG
Status
Active
Employee Count
1593.0
Turnover
243661000.0
EBITDA
16309000.0

Additional Details

Company Type
Private limited Company
Incorporated On
30 July 1996
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Financial Services
Region
East of England

Company Location

Google
Map data ©2025 Google
Map data ©2025 Google

Financial Metrics

Cash
£41,175,000.00
Net Worth
£30,840,000.00
Total Current Assets
£570,308,000.00
Total Current Liabilities
£604,261,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
42 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
41%
31-60 Days
40%
After 60 Days
19%
Not Paid Within Terms23%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Dec 2017015304560

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Dec 20170255075100

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20244241%40%19%23%
01 Jan 2023 - 30 Jun 202330 Jul 20232873%21%6%15%
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jan 2022 - 30 Jun 202227 Jul 20222874%19%7%27%
01 Jul 2021 - 31 Dec 202124 Jan 20222583%12%5%17%
01 Jan 2021 - 30 Jun 202127 Jul 20212195%5%0%5%
01 Jul 2020 - 31 Dec 202026 Jan 20211695%3%1%4%
01 Jan 2020 - 30 Jun 202028 Jul 20202880%15%5%21%
01 Jul 2019 - 31 Dec 201928 Jan 20202779%17%4%21%
01 Jan 2019 - 30 Jun 201929 Jul 20193080%15%5%20%
01 Jul 2018 - 31 Dec 201829 Jan 20192580%18%2%20%
01 Jan 2018 - 30 Jun 201825 Jul 20183272%19%9%28%
01 Jul 2017 - 31 Dec 201729 Jan 20183168%25%7%32%

Company Summary

BISL LIMITED is a UK-based company that provides insurance and financial services to customers across the country

The company has a strong focus on sustainability and is committed to reducing its environmental impact

Their sustainability program includes initiatives such as reducing paper usage, promoting recycling and using renewable energy sources

They also have a Green Team that works towards implementing sustainable practices within the company

BISL LIMITED offers a range of insurance products including car, home, and life insurance

They also provide financial services such as investments and mortgages

Their products are designed to meet the diverse needs of their customers and are backed by excellent customer service

The company is led by a team of experienced professionals, including CEO Ann Bowyer, who has over 30 years of experience in the insurance industry

The company also has a dedicated customer service team to assist customers with any queries or concerns

To contact BISL LIMITED, customers can visit their website at www.bisl.co.uk or call their registered office at Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS

With their strong focus on sustainability and commitment to customer satisfaction, BISL LIMITED is a trusted and reliable choice for insurance and financial services in the UK

Company Review

Trend Analysis

From 2017 to 2023, there has been a fluctuating trend in the average time taken for BISL Limited to pay invoices to suppliers. The highest average time (42 days) was recorded in the period of Jan 2023 to June 2023, while the lowest average time (16 days) was recorded in the period of July 2020 to Dec 2020. There has been a slight decrease in the average time taken to pay invoices from 2017 to 2023, with the exception of a slight increase in the period of Jan 2022 to June 2022.

Volatility Analysis

The volatility of the average time taken to pay invoices has been relatively stable, with the exception of a significant increase in volatility in the period of Jan 2023 to June 2023. This can be attributed to the high percentage of invoices paid later than 60 days during this period.

Summary Analysis

In general, BISL Limited has shown a consistent effort to pay invoices to suppliers within the agreed terms. From 2017 to 2023, there has been a gradual increase in the percentage of invoices paid within 30 days, with the highest percentage (95%) recorded in the period of Jan 2021 to June 2021. The company has also made improvements in paying invoices between 31 and 60 days, with the lowest percentage (3%) recorded in the period of July 2020 to Dec 2020. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the period of Jan 2022 to June 2022, which may have contributed to the increase in the average time taken to pay invoices during this period.

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

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Our purchase ledger team is responsible for identifying and resolving any disputes which may arise between BISL and our suppliers. If a supplier has a dispute or a complaint, then in the first instance they are to contact the Purchase Ledger team shared inbox for that entity.

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

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