FIDELIS UNDERWRITING LIMITED

PaymentCheck Score 2025
100Excellent
3.3vs last year
#21 in UK
#3 in Financial Services
#11 in London

Company Information

Company Number
09753615
Registered Address
22 Bishopsgate 43rd Floor, London, England, EC2N 4BQ
Status
Active
Employee Count
0
Turnover
£413,344,000
EBITDA
£72,527,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 August 2015
Nature of Business
65120 - Non-life insurance
65202 - Non-life reinsurance
Industries
Financial Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
97%
31-60 Days
3%
After 60 Days
0%
Not Paid Within Terms3%

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: 2025-01-13
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 202510 Jul 20258100%0%0%0%
01 Jul 2024 - 31 Dec 202413 Jan 20251497%3%0%3%
01 Jan 2024 - 30 Jun 202416 Jul 20241292%8%0%8%
01 Jul 2023 - 31 Dec 202325 Jan 20241689%10%1%11%
01 Jan 2023 - 30 Jun 202325 Jan 20242177%12%11%21%
01 Jul 2022 - 31 Dec 202225 Jan 202413100%0%0%0%
01 Jul 2021 - 31 Dec 202128 Jan 20221596%4%0%0%
01 Jan 2021 - 30 Jun 202123 Jul 20211198%2%0%0%
01 Jan 2020 - 30 Jun 202028 Jul 20208100%0%0%0%
01 Jan 2019 - 30 Jun 201930 Jul 201910100%0%0%0%

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 aim is to make payment within 30-45 days of receipt of 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

45

Dispute Resolution Process

All disputes should be addressed to the Company in writing. The Company will aim to deal with the dispute within 14 days.

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

FIDELIS UNDERWRITING LIMITED is a UK-based insurance underwriting company that offers a range of sustainable products and services. Their registered office address is at 71 Fenchurch Street, London.

The company's key focus is on sustainable underwriting practices and they have a dedicated sustainability program in place. This program is designed to ensure that the company's operations have minimal impact on the environment and promote sustainable growth.

FIDELIS UNDERWRITING LIMITED offers a variety of insurance solutions, including property, casualty, and specialty lines. Their products are tailored to meet the changing needs of their clients and are backed by their strong financial stability.

Their team of experienced underwriters and risk analysts are the driving force behind the company's success. Led by CEO Richard Brindle, the team is committed to providing innovative and sustainable solutions to their clients.

The company also has a strong online presence with a user-friendly website that provides information about their products and services. Customers can also contact them via email or phone for any inquiries.

In summary, FIDELIS UNDERWRITING LIMITED is a leading insurance underwriting company in the UK, with a strong focus on sustainability. Their range of products and services, along with their dedicated team, makes them a reliable and trustworthy choice for individuals and businesses alike.

Financial Metrics

Cash
£257,911,646
Net Worth
£607,630,522
Total Current Assets
£1,316,465,863
Total Current Liabilities
£765,863,453

Company Location