BUPA INSURANCE LIMITED

PaymentCheck Score 2025
86Good
4.5vs last year
#1218 in UK
#206 in Financial Services
#549 in London

Company Information

Company Number
03956433
Registered Address
1 Angel Court, London, United Kingdom, EC2R 7HJ
Status
Active
Employee Count
0
Turnover
£2,901,000,000
EBITDA
£139,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 March 2000
Nature of Business
65120 - Non-life insurance
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:45 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
76%
31-60 Days
14%
After 60 Days
10%
Not Paid Within Terms5%

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: 2025-07-25
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 202525 Jul 20252076%14%10%5%
01 Jul 2024 - 31 Dec 202430 Jan 20252668%28%4%4%
01 Jan 2024 - 30 Jun 202426 Jul 20241489%11%0%0%
01 Jan 2022 - 30 Jun 202228 Jul 202230100%0%0%0%
01 Jul 2021 - 31 Dec 202128 Jan 202227100%0%0%14%
01 Jan 2021 - 30 Jun 202129 Jul 20213583%17%0%17%
01 Jan 2020 - 30 Jun 202027 Jul 20203271%29%0%21%
01 Jul 2019 - 31 Dec 201929 Jan 20205072%14%14%21%
01 Jan 2019 - 30 Jun 201930 Jul 20194067%18%15%30%
01 Jul 2018 - 31 Dec 201829 Jan 20195238%27%35%54%
01 Jan 2018 - 30 Jun 201827 Jul 20183746%45%9%39%

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

Our standard payment terms are to pay suppliers within 45 days from the end of the month in which we receive the relevant valid invoice from the supplier. We will always try to trade on these terms with all suppliers, except where there are material circumstances which may alter this standard approach.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Bupa will extend more favourable terms of 30 day to SME, where requested.

Maximum contractual payment period agreed

75

Dispute Resolution Process

Bupa seeks an amicable resolution of any supplier invoice disputes or escalations (or any other disputes). Invoices should be sent to APinvoices@bupa.com with a valid purchase order (where applicable). Bupa’s standard terms and conditions can be found here (https://procurement.bupa.com/web/pdfs/uk_standard_terms__conditions_of_purchase.pdf) which contain full details. If the supplier has a dispute they wish to raise they should notify Bupa in writing setting out full details of the issue in dispute formally (and to contractnotices@bupa.com). The dispute will be assessed by Bupa’s Finance and Procurement management teams. Bupa will seek to resolve dispute within 15 business days. If the parties are unable to resolve the dispute within 15 business days (despite endeavouring to promptly resolve) they are free to initiate further proceedings (whether Alternative Dispute Resolution or court proceedings)

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

BUPA INSURANCE LIMITED is a UK-based insurance company that offers a range of health and medical insurance products and services to individuals and businesses. The company was founded in 1947 and is now one of the largest and most reputable insurance providers in the country.

As a responsible corporate citizen, BUPA INSURANCE LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste and promoting sustainable practices among its employees and customers.

The company's main products and services include health insurance, medical insurance, and employee benefits packages. They also offer specialized insurance plans for expatriates and international students. BUPA INSURANCE LIMITED provides coverage for a wide range of medical treatments and procedures, including hospital stays, specialist consultations, and diagnostic tests.

The key people behind BUPA INSURANCE LIMITED's success include Evelyn Bourke, the CEO, and Iain McMillan, the Chairman. They are supported by a team of experienced executives and professionals who are dedicated to providing the best possible insurance solutions to their customers.

To access BUPA INSURANCE LIMITED's products and services, customers can visit their website at www.bupa.co.uk or contact their customer service team at 0800 600 500. The company's registered office address is Bupa House, 15-19 Bloomsbury Way, London, WC1A 2BA.

In summary, BUPA INSURANCE LIMITED is a leading insurance provider in the UK, offering a range of health and medical insurance products and services. With a commitment to sustainability and a team of experienced professionals, the company continues to provide reliable and comprehensive insurance solutions to its customers.

Financial Metrics

Cash
£129,996,000
Net Worth
£445,192,000
Total Current Assets
£1,068,312,000
Total Current Liabilities
£278,670,000

Company Location