UNDERWRITEME TECHNOLOGY SOLUTIONS LIMITED
Company Information
- Company Number
- 09170324
- Registered Address
- Tower Bridge House, St. Katharines Way, London, England, E1W 1BA
- Status
- Active
- Employee Count
- 116
- Turnover
- £18,377,000
- EBITDA
- -£8,016,000
Additional Details
- Website
- https://underwriteme.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 11 August 2014
- Nature of Business
- 66290 - Other activities auxiliary to insurance and pension funding
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
There is a consistent trend of improvement in the average time taken for UNDERWRITEME TECHNOLOGY SOLUTIONS LIMITED to pay invoices to suppliers. From the first period (Jan 2018-Jun 2018) to the last period (Jul 2019-Jun 2020), there is a decrease in the average time taken to pay by 9.1%. Additionally, there is a consistent increase in the percentage of invoices paid within 30 days, with a 20% increase from the first period to the last period.
Volatility Analysis
The data for this company shows a relatively stable trend with regards to the percentage of invoices paid within 30 days, with only a 10% difference between the highest and lowest percentages. However, there is a more significant difference in the percentage of invoices paid later than 60 days, with a 10% decrease from the first period to the last period.
Summary Analysis
From Jan 2018 to Jun 2020, there has been a consistent improvement in the average time taken for UNDERWRITEME TECHNOLOGY SOLUTIONS LIMITED to pay invoices to suppliers, with a decrease of 9.1%. The percentage of invoices paid within 30 days has also consistently increased, with a 20% increase from the first period to the last period. The worst period for this company was the first period, with 20% of invoices paid later than 60 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 Technology Solutions Limited is a UK-based company that provides innovative technology solutions for the insurance industry. The company was founded in 2012 and is headquartered in Reading, Berkshire.
The activities of UnderwriteMe Technology Solutions Limited revolve around their core product, the Underwriting Rules Engine. This advanced technology allows insurance companies to streamline their underwriting processes, resulting in quicker and more accurate decisions. The company also offers other products and services such as Underwriting Analytics, Underwriting Workflow, and Underwriting Rules Management.
UnderwriteMe Technology Solutions Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using energy-efficient equipment, recycling, and promoting sustainable practices among their employees.
The company is led by a team of experienced professionals, including CEO Martin Werth and COO Rob Scarborough. They work closely with insurance companies to understand their needs and provide tailored solutions to meet their specific requirements.
For more information on UnderwriteMe Technology Solutions Limited and their products and services, you can visit their website at www.underwriteme.co.uk. Their registered office address is located at Two, Forbury Place, 23 Forbury Road, Reading, RG1 3JH.
