TOWERS WATSON SOFTWARE LIMITED
Company Information
- Company Number
- 03318544
- Registered Address
- Watson House, London Road, Reigate, Surrey, England, RH2 9PQ
- Status
- Active
- Employee Count
- 272
- Turnover
- £160,417,000
- EBITDA
- £44,990,000
Additional Details
- Website
- https://emb.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 14 February 1997
- Nature of Business
- 58290 - Other software publishing
- Industries
- Software
- Region
- South East
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 | 30 Jul 2025 | 33 | 64% | 25% | 11% | 34% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 43 | 48% | 36% | 16% | 49% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 39 | 53% | 39% | 8% | 44% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 41 | 50% | 38% | 12% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 33 | 51% | 46% | 3% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 46 | 38% | 53% | 9% | 55% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 47 | 44% | 47% | 9% | 51% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 34 | 36% | 63% | 1% | 58% |
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
The Company’s standard contractual payment terms for all qualifying contracts are payments within 30 days after the date of invoice. Other payment terms may apply. Agreed payment terms are reflected in our contractual documentation and accounting system.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payments only fall due in our accounting system once terms are exceeded. The overdue statistics include a large proportion of invoices that were settled within a few working days of the due date.
Maximum contractual payment period agreed
45
Dispute Resolution Process
Payment processing is managed by the Accounts Payable function and any supplier queries are actioned by that team. In the event they are unable to resolve the matter, the query will be discussed between the supplier and relevant colleague to ensure satisfactory resolution for both the supplier and the Company.
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.
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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.
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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
Towers Watson Software Limited is a leading global software company that provides innovative technology solutions to clients in the insurance, financial services, and healthcare industries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company offers a wide range of software products and services, including risk management, financial modeling, and data analytics. Their products are designed to help clients make informed business decisions and optimize their operations. Some of their key products include RiskAgility Financial Modeler, a risk management platform, and Emblem, an analytics tool for insurance companies.
The company's sustainability program focuses on reducing their carbon footprint, promoting responsible sourcing, and supporting local communities. They have implemented energy-efficient practices, such as using renewable energy sources and reducing paper waste. They also work with suppliers who share their commitment to sustainability.
Towers Watson Software Limited is led by a team of experienced professionals, including the CEO, John Haley, and the President, Dominic Casserley. They are supported by a dedicated team of employees who strive to deliver high-quality products and services to their clients.
The company can be contacted through their website, which provides information about their products, services, and sustainability initiatives. Their registered office address is at Watson House, London Road, Reigate, Surrey, RH2 9PQ, United Kingdom.
In conclusion, Towers Watson Software Limited is a leading software company with a strong focus on sustainability. Their innovative products and services, along with their commitment to reducing their environmental impact, make them a trusted partner for clients in various industries.
