TOKIO MARINE KILN INSURANCE SERVICES LIMITED

Company Information

Company Number
05121836
Registered Address
20 Fenchurch Street, London, EC3M 3BY
Status
Active
Employee Count
590
Turnover
£130,984,000
EBITDA
£5,373,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 May 2004
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
50 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
53%
31-60 Days
26%
After 60 Days
21%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20183562%26%11%33%

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

The standard contractual payment terms are payment within 30 days after the invoice is received. These terms are stated in the contractual agreements with suppliers. Invoices should be submitted in PDF format to the Accounts Payable Team at AllLondonAccountsPayable@tokiomarinekiln.com

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

30

Dispute Resolution Process

Queries related to outstanding invoices or payments made should be raised in the first instance with the Accounts Payable Team at AllLondonAccountsPayable@tokiomarinekiln.com. They will liaise with the relevant department who ordered the products or services as soon as possible to seek to resolve any issues.

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

TOKIO MARINE KILN INSURANCE SERVICES LIMITED is a leading insurance company based in the United Kingdom. They offer a wide range of insurance services to businesses and individuals, including property, casualty, and specialty insurance.

One of the key focuses of TOKIO MARINE KILN INSURANCE SERVICES LIMITED is sustainability. They have implemented a sustainability program that aims to reduce their environmental impact and promote social responsibility. This includes initiatives such as reducing their carbon footprint and supporting local communities through charitable donations and volunteer work.

The company's products and services are designed to provide comprehensive coverage and risk management solutions for their clients. They work closely with their customers to understand their unique needs and provide tailored insurance solutions to mitigate potential risks.

TOKIO MARINE KILN INSURANCE SERVICES LIMITED is led by a team of experienced and knowledgeable individuals, including CEO Charles Franks and COO Paul Culham. Their team is committed to providing excellent customer service and delivering innovative insurance solutions.

For more information about TOKIO MARINE KILN INSURANCE SERVICES LIMITED and their products and services, interested parties can visit their website at www.tokiomarinekiln.com. Their registered office address is 9 Lloyd's Avenue, London, EC3N 3AE, United Kingdom.

Financial Metrics

Cash
£18,498,000
Net Worth
£13,651,000
Total Current Assets
£77,287,000
Total Current Liabilities
£64,043,000

Company Location