Score of 89.2/100 qualifies for PaymentCheck Certification
| 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 | 31 Jul 2025 | 15 | 90% | 8% | 2% | 33% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 18 | 91% | 8% | 1% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 19 | 88% | 10% | 2% | 34% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 21 | 88% | 11% | 1% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 22 | 89% | 10% | 2% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 20 | 88% | 10% | 2% | 45% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 54 | 54% | 24% | 22% | 53% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Feb 2022 | 46 | 59% | 28% | 13% | 53% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 48 | 67% | 16% | 17% | 40% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment term is 30 days. Shorter terms might be agreed with some suppliers when a contract is established.
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
The main point of contact for disputes is the Accounts Payable Team. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. Where necessary the Accounts Payable Team will refer to the Procurement Team and / or the business manager who raised the order to resolve discrepancies.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AMTRUST MANAGEMENT SERVICES LIMITED is a financial management company based in the United Kingdom. They offer a wide range of services including insurance, risk management, and investment solutions to clients around the world.
Sustainability is at the core of AMTRUST's business practices, with a strong focus on responsible and ethical conduct. They have implemented a sustainability program that aims to reduce their environmental impact, promote diversity and inclusion, and support local communities.
Through their insurance services, AMTRUST helps businesses and individuals protect their assets and manage risks. They offer a variety of insurance products such as property, casualty, and specialty lines. Their risk management services help clients identify and mitigate potential risks to their business.
AMTRUST's investment solutions include asset management, wealth management, and financial planning services. They have a team of experienced professionals who work closely with clients to develop personalized investment strategies to meet their financial goals.
The key people at AMTRUST MANAGEMENT SERVICES LIMITED include CEO Barry Zyskind and Chairman George Karfunkel. They have a team of highly skilled and dedicated professionals who are committed to providing excellent service to their clients.
To contact AMTRUST, individuals can visit their website at www.amtrustgroup.com or email them at info@amtrustgroup.com. Their registered office address is 40 Leadenhall Street, London EC3A 1HD, United Kingdom.
In summary, AMTRUST MANAGEMENT SERVICES LIMITED is a leading financial management company in the UK, offering a range of services to clients worldwide. They have a strong commitment to sustainability and offer insurance, risk management, and investment solutions. With a team of experienced professionals and a focus on responsible practices, AMTRUST is a trusted partner for individuals and businesses.