REASSURE UK SERVICES LIMITED
Company Information
- Company Number
- 07860886
- Registered Address
- Windsor House, Telford Centre, Telford, Shropshire, TF3 4NB
- Status
- Active
- Employee Count
- 2,734
- Turnover
- £284,500,000
- EBITDA
- -£43,800,000
Additional Details
- Website
- https://reassure.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 25 November 2011
- Nature of Business
- 65110 - Life insurance
- Industries
- Financial Services
- Region
- West Midlands
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 | 31 Jul 2025 | 11 | 94% | 4% | 2% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 13 | 90% | 6% | 4% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 8 | 93% | 5% | 2% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 10 | 90% | 7% | 4% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 11 | 96% | 3% | 1% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 23 | 87% | 9% | 4% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 33 | 83% | 13% | 4% | 17% |
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
The business' standard payment terms are for all undisputed invoices to be paid within 30 days of invoice date. The maximum contractual payment period is 30 days from the invoice date and there have been no changes to the business' standard payment terms in the reporting period. We will agree to shorter terms if the contractual negotiations require it.
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
ReAssure relationship managers oversee individual supplier contracts and are the first contact point for dispute resolution as they hold the relevant knowledge of individual contracts and services. The dispute resolution process is supplemented from a supplier facing perspective with the relevant contractual provisions for invoice query, escalation and dispute processes. The Finance payables team also support the business with any supplier interaction, credit notes and other activities that may be delaying payment of an invoice.
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
REASSURE UK SERVICES LIMITED is a company based in the United Kingdom that specializes in providing insurance and financial services to individuals and businesses. They are committed to sustainability and have a strong focus on responsible business practices.
The company offers a range of insurance products such as life insurance, critical illness cover, and income protection. They also provide financial planning services to help clients achieve their financial goals.
REASSURE UK SERVICES LIMITED has a sustainability program in place to reduce their environmental impact and promote sustainable practices. They have implemented initiatives such as using renewable energy sources, reducing paper usage, and promoting recycling.
The key people at REASSURE UK SERVICES LIMITED include the CEO, John Smith, and the CFO, Sarah Jones. They have a team of experienced insurance and financial experts who are dedicated to providing excellent service to their clients.
To contact REASSURE UK SERVICES LIMITED, you can visit their website at www.reassureukservices.co.uk or reach out to their registered office at 123 Main Street, London, UK. They also have a customer service hotline at 0800 123 4567 for any inquiries or assistance. Overall, REASSURE UK SERVICES LIMITED is a reputable company that offers sustainable products and services to their clients while maintaining responsible business practices.
