Score of 88/100 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 | 24 Jul 2025 | 21 | 85% | 9% | 6% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 23 | 82% | 11% | 7% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 27 | 79% | 13% | 8% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 36 | 75% | 12% | 13% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 30 | 77% | 14% | 9% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 25 | 79% | 11% | 10% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 34 | 72% | 18% | 10% | 28% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 23 | 86% | 8% | 6% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 25 | 84% | 10% | 6% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 23 | 82% | 11% | 7% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 28 | 78% | 14% | 8% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 34 | 70% | 13% | 17% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In most cases payment terms are determined by the supplier, and in all cases the Company seeks to make payments in accordance with these terms. For all types of qualifying contracts the most frequently used payment period is 30 days. In the absence of supplier payment terms, the Company aims to settle invoices within 30 days or less of receipt of a correct, undisputed and properly due VAT invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
The Company is committed to resolving disputes in a fair and timely manner. Disputes are resolved by discussion and agreement with the supplier and are typically managed by Accounts Payable, with support from senior managers where necessary. The percentage of payments made which were not paid within agreed terms due to a dispute: 0%
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
Endurance Business Services Limited is a private limited company registered in London, previously known as Montpelier Underwriting Services Limited and, before that, Tiabay Limited. Its registered activities are classed under non-life insurance and non-life reinsurance. The company has been controlled by Sompo Holdings UK Services Limited since 2017, and evidence describes it as a wholly-owned subsidiary within the wider Sompo Holdings group, a major global insurance corporation. As a subsidiary, it appears to function as part of that group's UK corporate and underwriting support structure rather than as an independent trading business, with no standalone financial data available beyond its nominal share capital.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk