Industry ranking
Score of 97.2/100 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 11 | 94% | 5% | 1% | 6% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Jul 2025 | 9 | 97% | 2% | 1% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 13 | 95% | 4% | 1% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 13 | 96% | 4% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 30 | 97% | 3% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 11 | 96% | 4% | 0% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 11 | 95% | 5% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 10 | 98% | 0% | 0% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 12 | 96% | 4% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 16 | 96% | 4% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Apr 2021 | 15 | 96% | 4% | 0% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The company has no 'standard' payment terms. Payments are typically settled on receipt of the invoice or relevant service.
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 of any complaints or concerns raised by suppliers, these would normally be dealt with by the accounts payable Team or relative business contact. Suppliers can contact the accounts payable team with any queries at LHR-invoice@renre.com who will ensure this is resolved by the appropriate person.
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
RenaissanceRe Services (UK) Limited is a private limited company incorporated in January 2018 and registered in London. Companies House records its nature of business under SIC code 78300, human resources provision and management of human resources functions. The company's name indicates it operates as a UK service entity within the wider RenaissanceRe corporate group, handling human resources administration and related personnel management functions for group operations rather than trading as an independent HR provider to external clients. No further detail on client base, staffing scale or specific services offered is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk