RENAISSANCERE SERVICES (UK) LIMITED

PaymentCheck Score 2025
98Excellent
0.3vs last year
#214 in UK
#28 in Professional Services
#99 in London

Company Information

Company Number
11160342
Registered Address
125 Old Broad Street, 18th Floor, London, United Kingdom, EC2N 1AR
Status
Active
Employee Count
183
Turnover
£64,545,000
EBITDA
£1,656,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 January 2018
Nature of Business
78300 - Human resources provision and management of human resources functions
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
13 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
95%
31-60 Days
4%
After 60 Days
1%
Not Paid Within Terms5%

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: 2025-01-28
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 202516 Jul 2025997%2%1%3%
01 Jan 2024 - 30 Jun 202410 Jul 20241396%4%0%0%
01 Jul 2023 - 31 Dec 202325 Jan 20243097%3%0%0%
01 Jan 2022 - 30 Jun 202228 Jul 20221098%0%0%2%
01 Jul 2021 - 31 Dec 202128 Jan 20221296%4%0%0%
01 Jan 2021 - 30 Jun 202129 Jul 20211696%4%0%0%
01 Jul 2020 - 31 Dec 202022 Apr 20211596%4%0%4%

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 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

Dispute Resolution Process

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.

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

RENAISSANCE SERVICES (UK) LIMITED is a leading sustainability consultancy firm based in the UK. The company offers a wide range of services to help businesses and organizations become more environmentally friendly and socially responsible.

One of their key activities is providing sustainability assessments and audits to identify areas where businesses can improve their sustainability practices. They also offer sustainable procurement services to help businesses source eco-friendly products and services.

RENAISSANCE SERVICES (UK) LIMITED has a strong sustainability program in place and is committed to reducing their own environmental impact. They have implemented initiatives such as using renewable energy sources, reducing waste, and promoting sustainable transportation options for their employees.

Their sustainable products and services include eco-friendly cleaning products, energy-efficient lighting solutions, and sustainable packaging options. They also offer training and workshops to educate businesses and individuals on sustainable practices.

The company is led by a team of experienced sustainability experts who are dedicated to promoting sustainable practices in the business world. They work closely with their clients to tailor solutions that meet their specific sustainability needs.

To contact RENAISSANCE SERVICES (UK) LIMITED, individuals can visit their website at www.renaissanceservices.co.uk. Their registered office address is located at 10 Hill Street, London, W1J 5NQ, United Kingdom.

In conclusion, RENAISSANCE SERVICES (UK) LIMITED is a reputable sustainability consultancy firm that offers a range of services and products to help businesses and organizations become more sustainable. Their commitment to sustainability and experienced team make them a valuable partner in promoting a greener and more socially responsible business landscape.

Financial Metrics

Cash
£6,544,918
Net Worth
£12,145,113
Total Current Assets
£25,727,475
Total Current Liabilities
£14,407,436

Company Location