Score of 89.7/100 qualifies for PaymentCheck Certification
| 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 | 21 Jul 2025 | 19 | 86% | 11% | 3% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 17 Jan 2025 | 20 | 86% | 11% | 3% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 19 | 88% | 10% | 2% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 20 | 86% | 11% | 3% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 21 | 85% | 12% | 3% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 13 | 94% | 5% | 1% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment upon receipt
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
In the event an invoice may not be settled in a timely manner, or have an issue/dispute, suppliers can email the accounts payable department at LSMAccountsPayable@LibertyGlobalGroup.com where this inbox is managed throughout the day and aim to be responded within 24 hours.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Liberty Specialty Markets Limited is a leading international insurance company that provides a wide range of insurance and reinsurance products and services to businesses worldwide. The company is committed to sustainability and has a comprehensive sustainability program in place to minimize its impact on the environment.
The company offers a diverse portfolio of products and services including property, casualty, marine, energy, and aviation insurance. They also provide specialty coverages such as cyber, political risk, and trade credit insurance. Their offerings are tailored to meet the unique needs of their clients, from multinational corporations to small and medium-sized enterprises.
At the helm of Liberty Specialty Markets Limited is CEO Matthew Moore, who has over 25 years of experience in the insurance industry. He is supported by a team of experienced and knowledgeable professionals who are dedicated to providing excellent service to their clients.
The company's sustainability program focuses on reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities through various initiatives. They are also committed to ethical and responsible business practices, including adhering to strict corporate governance standards.
Liberty Specialty Markets Limited is headquartered in London, UK, and has offices in Europe, Asia, and North America. Their website, www.libertyspecialtymarkets.com, provides detailed information about their products and services, as well as contact information for their various offices.
Registered office address: 20 Fenchurch Street, London, EC3M 3AW, UK.