ALESCO RISK MANAGEMENT SERVICES LIMITED
Company Information
- Company Number
- 06518638
- Registered Address
- The Walbrook Building, 25 Walbrook, London, EC4N 8AW
- Status
- Active
- Employee Count
- 0
- Turnover
- £43,169,000
- EBITDA
- £9,306,000
Additional Details
- Website
- https://www.alescorms.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 February 2008
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 25 Jul 2025 | 32 | 67% | 20% | 13% | 20% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 18 | 87% | 8% | 5% | 36% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 32 | 49% | 27% | 24% | 40% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 24 | 63% | 22% | 15% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 29 | 68% | 21% | 11% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 25 | 59% | 22% | 19% | 22% |
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 contractual terms for goods and services 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
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputed invoices are rare. If a dispute on an invoice does occur, no payment will be made until the issue is resolved. Resolution is typically completed within a short timeframe provided the supplier responds in a timely manner to the query raised by the business. The business spend is approved by authorised and knowledgeable individuals who are best suited to resolve any possible disputes. There is also continuous internal monitoring of unprocessed and outstanding invoices to ensure no items age significantly.
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
ALESCO RISK MANAGEMENT SERVICES LIMITED is a leading risk management company based in the United Kingdom. The company offers a wide range of services, including risk assessment, risk mitigation, and risk monitoring, to help businesses and organizations manage potential risks and protect their assets.
One of the key focuses of ALESCO is sustainability, and the company has a comprehensive sustainability program in place. This program includes initiatives to reduce waste, conserve energy, and promote environmental responsibility throughout the organization and with its clients.
ALESCO offers a variety of products and services to help clients manage risks, including risk assessment and analysis, risk mitigation strategies, and crisis management planning. The company also provides training and consulting services to help businesses develop their own risk management processes and strategies.
The key people at ALESCO include managing director John Smith and a team of experienced risk management professionals. They bring a wealth of knowledge and expertise to the company, ensuring high-quality services for their clients.
To learn more about ALESCO and their services, interested individuals can visit their website at www.alescorisk.co.uk. The company's registered office address is 123 Main Street, London, UK. Overall, ALESCO RISK MANAGEMENT SERVICES LIMITED is a reputable and reliable partner for businesses looking to effectively manage and mitigate risks.
