MUNICH RE CAPITAL LIMITED

PaymentCheck Score 2024
60Fair
#3664 in UK
#480 in Financial Services
#1444 in London

Company Information

Company Number
03266453
Registered Address
1 Fen Court, London, England, EC3M 5BN
Status
Active
Employee Count
0
Turnover
£1,088,121,000
EBITDA
£180,813,000

Additional Details

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

Time to Pay

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

Payment Timeline

Within 30 Days
0%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20250%
01 Jan 2024 - 30 Jun 202430 Jul 202400%0%0%0%
01 Jul 2020 - 31 Dec 202029 Jan 202100%0%0%0%
01 Jul 2018 - 31 Dec 201830 May 201919100%0%0%0%
01 Jan 2018 - 30 Jun 201830 May 201900%0%0%0%

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

Typically aim to pay within 30 days.

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

30

Dispute Resolution Process

Disputes are managed by the relevant department and business unit.

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

Munich Re Capital Limited is a leading reinsurance company based in London, United Kingdom. They provide insurance and risk management solutions to clients worldwide. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program focuses on reducing carbon emissions, promoting renewable energy, and implementing sustainable business practices. They have also set ambitious targets to reduce their carbon footprint and have been recognized for their efforts by various organizations.

Munich Re Capital Limited offers a range of products and services including property, casualty, and life reinsurance, as well as specialty insurance and risk management solutions. They work closely with their clients to provide tailored solutions that meet their individual needs.

The company is led by a team of experienced executives, including the CEO, Mr. Michael Menhart. They are dedicated to driving innovation and delivering exceptional service to their clients. Munich Re Capital Limited also has a strong focus on diversity and inclusion, with a diverse workforce and inclusive work culture.

To contact Munich Re Capital Limited, you can visit their website at www.munichre.com. Their registered office address is 20 Fenchurch Street, London EC3M 3AW, United Kingdom. Overall, Munich Re Capital Limited is a reputable and sustainable reinsurance company that is committed to providing excellent products and services to its clients while also minimizing its environmental impact.

Financial Metrics

Cash
£128,706,000
Net Worth
£310,007,000
Total Current Assets
£748,470,000
Total Current Liabilities
£294,606,000

Company Location