ARDONAGH SERVICES LIMITED

PaymentCheck Score 2025
70Fair
5.0vs last year
#2438 in UK
#1001 in London

Company Information

Company Number
07476462
Registered Address
2 Minster Court, Mincing Lane, London, United Kingdom, EC3R 7PD
Status
Active
Employee Count
179
Turnover
£52,058,000
EBITDA
£4,935,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 December 2010
Nature of Business
64205 - Activities of financial services holding companies
74990 - Non-trading company
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
38 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
58%
31-60 Days
32%
After 60 Days
10%
Not Paid Within Terms39%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253064%30%6%44%
01 Jan 2024 - 30 Jun 202429 Jul 20243858%32%10%39%
01 Jul 2023 - 31 Dec 202330 Jan 20242868%24%8%39%
01 Jan 2023 - 31 Jul 202331 Jul 20233854%33%12%50%
01 Jul 2022 - 31 Dec 202223 Jan 20232367%25%8%53%
01 Jul 2021 - 31 Dec 202128 Jan 20223355%33%12%73%
01 Jan 2021 - 30 Jun 202128 Jul 20213448%40%12%78%
01 Jan 2020 - 30 Jun 202029 Jul 20203836%49%15%73%
01 Jul 2019 - 31 Dec 201929 Jan 20203633%61%6%53%
01 Jan 2018 - 30 Jun 201827 Jul 20184039%49%12%65%

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

All undisputed payments will be made within 30 days of receipt of a correct, valid and complete invoice.

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

90

Dispute Resolution Process

Complaints by suppliers are generally resolved through an escalated good faith negotiation procedure. Any resolution is specific to and agreed upon with each supplier.

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 SERVICES LIMITED is a leading insurance brokerage and risk management company based in the United Kingdom. Founded in 2017, the company offers a wide range of insurance products and services to individuals and businesses.

The company's sustainability program focuses on reducing their environmental impact through various initiatives such as promoting green office practices, using renewable energy sources, and reducing carbon emissions. They also support local communities and charities through their corporate social responsibility efforts.

ARDONAGH SERVICES LIMITED offers a variety of insurance products including motor, home, travel, and commercial insurance. They also provide risk management services to help businesses mitigate potential risks and protect their assets.

The company is led by a team of experienced professionals, including CEO David Ross, who have extensive knowledge and expertise in the insurance industry.

For more information, customers can visit the company's website at www.ardonaghservices.com. The registered office address for ARDONAGH SERVICES LIMITED is at The Observatory, Reigate, Surrey, RH2 0SG. Customers can also contact the company via email at info@ardonaghservices.com or through their 24/7 customer service hotline at 0800 783 7448.

Financial Metrics

Cash
£4,998,000
Net Worth
£670,214,000
Total Current Assets
£948,372,000
Total Current Liabilities
£585,660,000

Company Location