Industry ranking
| 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 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 23 | 82% | 14% | 4% | 18% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 35 | 67% | 20% | 13% | 33% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 35 | 67% | 20% | 13% | 33% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 27 | 62% | 23% | 15% | 38% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 49 | 46% | 30% | 24% | 54% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 17 | 72% | 20% | 8% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 23 | 80% | 12% | 8% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 22 | 80% | 15% | 5% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 24 | 77% | 19% | 4% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 11 | 92% | 7% | 1% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 10 | 86% | 12% | 2% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 30 | 86% | 14% | 0% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Typically aim to pay within 30 days
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
Disputes are managed by the relevant department and business unit.
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
MRSG UK Services Limited is a UK-registered company based in London, active since 2015. Companies House records list its nature of business under SIC codes covering activities auxiliary to insurance and pension funding, and human resources provision and management of human resources functions. The company has previously traded under different names, including Munich Re Syndicate Limited and MRHCUK Dormant No. 1 Limited, before adopting its current name. No further first-party description of its trading activities is available, but the recorded classifications indicate it provides internal HR-related administrative and support functions, likely within a wider insurance-related corporate group, rather than offering insurance products directly to the public.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk