ANIMAL FRIENDS INSURANCE SERVICES LIMITED

Company Information

Company Number
03630812
Registered Address
Animal Friends House The Crescent Sun Rise Way, Solstice Park, Amesbury, Wiltshire, SP4 7QA
Status
Active
Employee Count
462
Turnover
£61,716,000
EBITDA
£6,878,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 September 1998
Nature of Business
65120 - Non-life insurance
65202 - Non-life reinsurance
Industries
Financial Services
Region
South West

Time to Pay

Average Time to Pay
17 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
93%
31-60 Days
6%
After 60 Days
1%
Not Paid Within Terms12%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20251793%6%1%12%
01 Jan 2024 - 30 Jun 202430 Jul 20242189%9%2%19%
01 Jan 2022 - 30 Jun 202222 Jul 20221892%7%1%17%

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

Standard payment terms 5 / 14 / 28 days - standard length is 30 days for most suppliers

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

45

Dispute Resolution Process

Departmental requisitioners within the business liaise directly with suppliers to resolve issues with Accounts Payable being the main contract for queries regarding unpaid invoices / late payment etc. If such representatives are for any reason unable to resolve the dispute within 14 days, the dispute shall be referred to a director of each of the parties who shall attempt in good faith to resolve it; and if such directors are for any reason unable to resolve the dispute within 14 days of it being referred to them, the parties agree to consider entering into mediation in good faith to settle the dispute in accordance with the CEDR Model Mediation Procedure. To initiate the mediation, a party must serve notice in writing to the other parties to the dispute, referring the dispute to mediation. A copy of the referral should be sent to CEDR. Unless otherwise agreed between the parties to the dispute within 28 days of service of the ADR Notice (or such longer period as they may agree), the mediator shall be nominated by CEDR.

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

Animal Friends Insurance Services Limited is a UK-based insurance company that specializes in providing insurance products for pets

The company was founded in 1998 and is headquartered in Amesbury, Wiltshire.\n\nThe company offers a variety of insurance products for pets, including lifetime, accident-only, and multi-pet policies

They also have a range of optional covers such as dental, complementary therapy, and overseas travel cover

Their main goal is to provide affordable and comprehensive insurance for pet owners, ensuring that their furry companions receive the best possible care in case of illness or injury.\n\nAnimal Friends Insurance Services Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact

They have a paperless policy for all their communications and have also installed solar panels at their headquarters

The company also supports various animal welfare charities and has donated over £4 million to date.\n\nThe company is led by its founder and CEO, Elaine Fairfax, who has been recognized for her efforts in promoting animal welfare and responsible pet ownership

Their team of dedicated employees is passionate about animal welfare and strives to provide excellent customer service.\n\nAnimal Friends Insurance Services Limited can be contacted through their website, which also provides information on their products and services

Their registered office address is Animal Friends Insurance, No

1 The Crescent, Sun Rise Way, Amesbury, Salisbury, Wiltshire, SP4 7QA, United Kingdom.\n\nIn summary, Animal Friends Insurance Services Limited is a leading insurance provider for pets in the UK, offering a range of affordable and comprehensive policies

They are committed to sustainability and supporting animal welfare charities

Led by a dedicated team, the company strives to provide the best possible care for pets and their owners

Financial Metrics

Cash
£6,515,617
Net Worth
£2,874,252
Total Current Assets
£13,790,457
Total Current Liabilities
£12,836,617

Company Location