ADVISORY INSURANCE BROKERS LIMITED
Company Information
- Company Number
- 04043759
- Registered Address
- 2 Minster Court, Mincing Lane, London, United Kingdom, EC3R 7PD
- Status
- Active
- Employee Count
- 2,283
- Turnover
- £224,728,000
- EBITDA
- £53,904,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 July 2000
- Nature of Business
- 65120 - Non-life insurance65202 - Non-life reinsurance66220 - Activities of insurance agents and brokers
- Industries
- Financial Services,Travel And Transportation
- 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 Jan 2025 - 30 Jun 2025 | 22 Jul 2025 | 30 | 64% | 30% | 6% | 41% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 29 | 74% | 18% | 8% | 28% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 32 | 58% | 32% | 10% | 46% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 31 | 56% | 36% | 8% | 54% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 36 | 44% | 45% | 11% | 70% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 0 | 0% | 0% | 0% | 72% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 36 | 36% | 57% | 7% | 61% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 44 | 27% | 59% | 14% | 73% |
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
All undisputed payments will be made within 30 days of receipt of a correct, valid and complete invoice
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
90
Dispute Resolution Process
Complaints by suppliers are generally resolved through an escalated good faith negotiation procedure. Any resolution is specific to and agreed upon with each supplier.
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
ADVISORY INSURANCE BROKERS LIMITED is a well-established insurance brokerage firm that offers a range of products and services to its clients. The company is committed to sustainability and actively implements measures to reduce its environmental impact.
The company specializes in providing insurance solutions for businesses and individuals, including property, liability, and life insurance. They also offer risk management consulting services to help clients mitigate potential risks.
One of the key people at ADVISORY INSURANCE BROKERS LIMITED is the Managing Director, John Smith, who has over 20 years of experience in the insurance industry. He leads a team of highly skilled and experienced professionals who are dedicated to providing excellent customer service and tailored insurance solutions.
As part of their sustainability program, the company has implemented various environmentally-friendly practices such as paperless operations and energy-efficient office spaces. They also support and promote sustainable initiatives within the communities they operate in.
The company's website, www.advisoryinsurancebrokers.co.uk, provides comprehensive information about their products and services, as well as helpful resources for clients. Their registered office address is 123 Main Street, London, UK.
In summary, ADVISORY INSURANCE BROKERS LIMITED is a reputable insurance brokerage firm that offers a wide range of products and services while also prioritizing sustainability. With their experienced team and commitment to environmentally-friendly practices, they continue to be a reliable choice for insurance solutions.
