HOWDEN REINSURANCE BROKERS LIMITED
Company Information
- Company Number
- 07142031
- Registered Address
- One Creechurch Place, London, United Kingdom, EC3A 5AF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 February 2010
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
HOWDEN REINSURANCE BROKERS LIMITED exhibits a very strong trend of prompt payments, with an average payment time of just 8 days. A significant 94% of their payments are consistently made within 30 days, indicating reliable and swift processing.
Volatility Analysis
While highly reliable overall, there is minor volatility with 5% of payments falling into the 31-60 day range and 1% exceeding 60 days. The 18% late payment rate suggests occasional deviations from expected due dates, introducing a small, predictable risk for individual invoices.
Summary Analysis
Suppliers can confidently engage with HOWDEN REINSURANCE BROKERS LIMITED given their exceptionally low payment risk profile and rapid average payment time. Although 18% of payments are late, the vast majority are processed within standard terms, minimizing concern for cash flow. Maintain standard clear payment terms; no specific additional risk mitigation strategies are immediately necessary beyond regular due diligence.
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 Apr 2025 - 30 Sept 2025 | 13 Oct 2025 | 8 | 94% | 5% | 1% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 07 Apr 2025 | 10 | 94% | 4% | 2% | 18% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 11 | 93% | 4% | 3% | 17% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 13 | 87% | 9% | 4% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 57 | 52% | 20% | 28% | 70% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 38 | 54% | 15% | 31% | 67% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 40 | 41% | 6% | 53% | 18% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 59 | 42% | 22% | 36% | 56% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 34 | 61% | 10% | 28% | 60% |
| 01 Oct 2019 - 31 Mar 2020 | 04 May 2020 | 34 | 61% | 10% | 28% | 60% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Nov 2019 | 37 | 52% | 13% | 35% | 73% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 23 | 82% | 2% | 16% | 53% |
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
Payment terms agreed with suppliers as part of contract negotiations. The most commonly used terms are 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
60
Dispute Resolution Process
Howden has a dedicated Finance Operations Team, which is reachable by phone and email. Suppliers with invoice disputes contact this team and if the team is not able to resolve they escalate the issue to the Finance Operations Manager. The Finance Operations Team work with the supplier to resolve promptly.
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
HOWDEN REINSURANCE BROKERS LIMITED is an active private limited company specialising in reinsurance brokerage
It operates by facilitating the transfer of risk from primary insurers to reinsurers
The company was incorporated on 1 February 2010 and holds company number 07142031
Its registered office is situated at One Creechurch Place, London, United Kingdom, EC3A 5AF
As a reinsurance broker in the UK market, the company typically advises insurance organisations on their risk transfer requirements
It arranges reinsurance policies, negotiates terms, and places reinsurance business with suitable reinsurers on behalf of its clients
