The average time to pay for LIBERTY SPECIALTY SERVICES LIMITED has remained consistent at 24 days throughout all three periods.
The percentage of invoices paid within 30 days has fluctuated between 95% and 100% throughout all three periods. The percentage of invoices paid between 31 and 60 days has also remained consistent at 2%. However, the percentage of invoices paid later than 60 days has seen a slight increase from 3% in the first period to 4% in the last period. The percentage of invoices not paid within agreed terms has also seen a slight increase from 5% to 6%.
In summary, there have been no major changes in the average time to pay for LIBERTY SPECIALTY SERVICES LIMITED over the past three periods. The company has consistently paid a high percentage of invoices within 30 days, with a small percentage paid between 31 and 60 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days and not within agreed terms.
| 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 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 24 | 95% | 2% | 3% | 5% |
Liberty Specialty Services Limited is registered as a non-life insurance business at Fenchurch Street, London, and forms part of Liberty Specialty Markets, which trades as part of the Liberty Mutual Insurance Group. The wider Liberty Specialty Markets business provides specialist commercial insurance products, including cyber, marine, commercial property, casualty, energy and construction, directors and officers, and professional indemnity cover, supported by underwriting expertise and risk management services for brokers and policyholders globally. The group reports a combined gross written premium of over four billion dollars and holds strong ratings from Standard & Poor's and A. M. Best. This entity's own role is as part of that wider group structure rather than as an independent trading operation.
Generated from the company's website and Companies House records. Sources: libertyspecialtymarkets.com