UNDERWRITEME LIMITED
Company Information
- Company Number
- 07912813
- Registered Address
- Tower Bridge House, St. Katharines Way, London, England, E1W 1BA
- Status
- Active
- Employee Count
- 0
- Turnover
- £6,455,000
- EBITDA
- -£7,575,000
Additional Details
- Website
- https://underwriteme.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 17 January 2012
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- Industries
- Financial Services, Software
- Region
- London
Company Review
Trend Analysis
The average time taken for UNDERWRITEME LIMITED to pay invoices has been decreasing over the past three periods, indicating a trend towards more efficient and timely payments. The percentage of invoices paid within 30 days has also been increasing, while the percentage of invoices paid between 31 and 60 days and later than 60 days has been decreasing.
Volatility Analysis
The volatility in the average time taken to pay invoices for UNDERWRITEME LIMITED has been relatively low, with only a 4.1% decrease between the first and third periods. However, there has been a significant increase in the percentage of invoices paid within 30 days from the first to third period, indicating a more stable and consistent payment pattern.
Summary Analysis
For UNDERWRITEME LIMITED, the average time taken to pay invoices has decreased from 43.2 days in the first period to 37.1 days in the third period. The percentage of invoices paid within 30 days has increased from 50.0% to 62.5%, while the percentage of invoices paid later than 60 days has decreased from 14.7% to 12.5%. The shortest (or only) standard payment period remains at 30 days.
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 2018 - 30 Jun 2018 | 14 Aug 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
Underwriteme Limited is a UK-based insurance technology company that provides innovative and sustainable insurance solutions to its clients. The company was founded in 2014 and has since become a leading player in the insurance market.
The company's main activity is to provide a digital platform that allows customers to compare and purchase insurance products from various providers. This platform, called "UnderwriteMe", uses advanced algorithms and technology to streamline the insurance process and provide customers with the best possible options.
Underwriteme Limited is committed to sustainability and has a dedicated sustainability program in place. The company actively works towards reducing its carbon footprint and promoting environmentally friendly practices within its operations. It also partners with insurance providers who have strong sustainability practices.
Some of the products and services offered by Underwriteme Limited include life insurance, critical illness cover, and income protection. The company also offers digital solutions to insurance providers, helping them to improve their underwriting processes and provide better service to their customers.
The key people at Underwriteme Limited include the co-founders Paul Kelly and Martin Werth, who have extensive experience in the insurance industry. The company also has a team of skilled professionals who are committed to delivering high-quality services to their clients.
The registered office address of Underwriteme Limited is 8 Greencoat Place, Westminster, London, SW1P 1PL. Their website address is www.underwriteme.co.uk, where customers can learn more about the company and its services. Overall, Underwriteme Limited is a reputable and forward-thinking company that is dedicated to providing sustainable insurance solutions to its clients.
