ARDONAGH SPECIALTY LIMITED
Company Information
- Company Number
- 05734247
- Registered Address
- 2 Minster Court, Mincing Lane, London, EC3R 7PD
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 March 2006
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
ARDONAGH SPECIALTY LIMITED exhibits a clear trend of delayed payments, with an average payment time of 60 days and a significant 93% of invoices paid late. Nearly half (45%) of all payments extend beyond 60 days, indicating a consistent pattern of prolonged settlement periods rather than occasional delays.
Volatility Analysis
Payment reliability is exceptionally low, as only 8% of invoices are settled within 30 days, making on-time payment highly unpredictable. The substantial proportion of payments occurring over 60 days (45%) introduces significant cash flow uncertainty for suppliers. This payment profile suggests a high risk of consistent delays, requiring suppliers to plan for extended working capital cycles.
Summary Analysis
Suppliers engaging with ARDONAGH SPECIALTY LIMITED should anticipate a consistent 60-day or longer payment cycle, given that 93% of invoices are paid late. A key decision factor is the supplier's ability to absorb prolonged payment terms without impacting their own liquidity. Risk mitigation strategies should consider negotiating stricter payment terms, requesting partial upfront payments, or adjusting pricing to account for extended payment float.
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 | 31 Jul 2025 | 60 | 8% | 47% | 45% | 93% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 63 | 10% | 46% | 44% | 91% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 70 | 17% | 20% | 64% | 84% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 41 | 56% | 25% | 19% | 44% |
| 01 Jan 2023 - 31 Jul 2023 | 31 Jul 2023 | 41 | 51% | 28% | 21% | 49% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 59 | 46% | 26% | 28% | 54% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 38 | 66% | 19% | 15% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 25 | 76% | 17% | 7% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 22 | 78% | 15% | 7% | 22% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 24 | 77% | 14% | 9% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 36 | 51% | 37% | 12% | 49% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 31 | 58% | 32% | 10% | 42% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 25 | 78% | 17% | 5% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 24 | 81% | 14% | 5% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 16 | 86% | 11% | 3% | 14% |
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
standard is 30 days
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
Any complaint or concern is reviewed by Procurement and Finance swiftly and then referred to senior management if appropriate
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
ARDONAGH SPECIALTY LIMITED is structured as a private limited company, a common business entity in the UK. The company’s name indicates its focus on providing specialised products or services within its field.
The company is registered in England under company number 05734247 and holds an active status. It was incorporated on 8 March 2006, with its registered office situated in London at 2 Minster Court, Mincing Lane, London, EC3R 7PD.
Companies with "Specialty" in their name, operating as private limited entities in the UK, typically offer tailored products or services that address specific market segments or unique client requirements. Such businesses often leverage specialised expertise to provide solutions distinct from general market offerings.
