ESURE INSURANCE LIMITED

Company Information

Company Number
03885534
Registered Address
The Observatory, Reigate, Surrey, RH2 0SG
Status
Active
Employee Count
0
Turnover
£259,500,000
EBITDA
£87,800,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 November 1999
Nature of Business
65120 - Non-life insurance
Industries
Financial Services
Region
South East

Company Review

Trend Analysis

The data for ESURE INSURANCE LIMITED shows a consistent trend of improving payment times, with a gradual decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there is some volatility in the percentage of invoices paid between 31 and 60 days and those paid later than 60 days.

Volatility Analysis

The data for ESURE INSURANCE LIMITED indicates some volatility in the percentage of invoices paid later than 60 days, with the highest percentage occurring in 2018-2019 at 10.5%. This is followed by a decrease in 2019-2020, with a slight increase in 2020-2021 before decreasing again in 2021-2022. The volatility in this metric could suggest some inconsistency in payment practices during these periods.

Summary Analysis

Based on the data for the past three periods (2020-2022), ESURE INSURANCE LIMITED has shown a consistent trend of improving payment times, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there is still some volatility in the percentage of invoices paid later than 60 days, which was at its highest in 2018-2019 at 10.5%.

Performance Reports History

Reporting Period Filed: 2024-01-31
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 2024
01 Jan 2023 - 30 Jun 202324 Jul 2023
01 Jul 2022 - 31 Dec 202231 Jan 2023
01 Jan 2022 - 30 Jun 202229 Jul 2022
01 Jul 2021 - 31 Dec 202101 Feb 2022
01 Jan 2021 - 30 Jun 202130 Jul 2021
01 Jul 2020 - 31 Dec 202027 Jan 2021
01 Jan 2020 - 30 Jun 202031 Jul 2020
01 Jul 2019 - 31 Dec 201930 Jan 2020
01 Jan 2019 - 30 Jun 201930 Jul 2019
01 Jul 2018 - 31 Dec 201829 Jan 2019
01 Jan 2018 - 30 Jun 201830 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

ESURE INSURANCE LIMITED is a British insurance company that offers a wide range of insurance products and services to its customers. The company was founded in 2000 and is headquartered in Reigate, Surrey, United Kingdom.

The main activities of ESURE INSURANCE LIMITED include providing car, home, pet, and travel insurance to individuals and families. They also offer commercial insurance for businesses of all sizes. The company prides itself on providing affordable and reliable insurance options to its customers.

ESURE INSURANCE LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have a sustainability program in place that focuses on reducing their carbon footprint, promoting recycling and waste reduction, and using renewable energy sources. The company also encourages its employees to take part in volunteer activities and supports local charities.

The company's key people include Darren Ogden, the CEO, and Peter Wood, the founder and non-executive director. They both have extensive experience in the insurance industry and are dedicated to providing the best services to their customers.

ESURE INSURANCE LIMITED can be contacted by phone at 0345 603 7873 or through their website at www.esure.com. Their registered office address is The Observatory, Reigate, Surrey, RH2 0SG, United Kingdom.

In conclusion, ESURE INSURANCE LIMITED is a reputable insurance company in the UK that offers a variety of insurance products and services. They are committed to sustainability and have a strong team of experienced professionals leading the company. With their focus on customer satisfaction and responsible business practices, ESURE INSURANCE LIMITED is a trusted choice for insurance needs.

Financial Metrics

Cash
£26,500,000
Net Worth
£352,400,000
Total Current Assets
£375,400,000
Total Current Liabilities
£311,500,000

Company Location