MUNICH RE SPECIALTY GROUP LIMITED
Company Information
- Company Number
- 03399109
- Registered Address
- 1 Fen Court, London, England, EC3M 5BN
- Status
- Active
- Employee Count
- 20
- Turnover
- £0
- EBITDA
- -£11,090,000
Additional Details
- Website
- https://gjwltd.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 4 July 1997
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- Industries
- Financial 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 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 0% | ||||
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 77 | 11% | 0% | 89% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 13 | 87% | 0% | 13% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 12 | 95% | 5% | 0% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 7 | 81% | 17% | 2% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 31 May 2019 | 27 | 61% | 29% | 10% | 39% |
| 01 Jan 2018 - 30 Jun 2018 | 31 May 2019 | 21 | 70% | 30% | 0% | 30% |
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
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 Specialty Group Limited is a leading insurance and reinsurance company based in the UK. The company offers a wide range of products and services, including risk management solutions, specialty insurance, and reinsurance solutions for various industries such as aviation, marine, energy, and cyber.
The company is committed to sustainability and has a comprehensive sustainability program in place. They have set ambitious goals to reduce their carbon footprint and have implemented initiatives to promote environmental sustainability. They also have a strong focus on social responsibility, supporting various charitable organizations and community projects.
The key people at Munich Re Specialty Group Limited include their CEO, Mr. Thomas Blunck, and their Chief Underwriting Officer, Ms. Deborah Wyatt. They lead a team of experienced professionals who are dedicated to providing innovative and tailored solutions to their clients.
To learn more about their products and services, customers can visit their website at www.munichre.com. The company's registered office address is at 1 Canada Square, Canary Wharf, London E14 5DX, United Kingdom.
In summary, Munich Re Specialty Group Limited is a reputable insurance and reinsurance company with a strong focus on sustainability and social responsibility. With a dedicated team of leaders and professionals, they offer a wide range of innovative products and services to meet the diverse needs of their clients.
