ARTHUR J. GALLAGHER INSURANCE BROKERS LIMITED
Company Information
- Company Number
- SC108909
- Registered Address
- Spectrum Building, 55 Blythswood Street, Glasgow, Scotland, Scotland, G2 7AT
- Status
- Active
- Employee Count
- 4
- Turnover
- £388,971,000
- EBITDA
- £86,575,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 January 1988
- Nature of Business
- 66220 - Activities of insurance agents and brokers
- Industries
- Financial Services
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 25 Jul 2025 | 13 | 92% | 5% | 3% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 14 | 93% | 4% | 3% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 17 | 82% | 8% | 10% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 12 | 86% | 7% | 7% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 16 | 84% | 8% | 8% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 14 | 86% | 6% | 8% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 16 | 84% | 10% | 7% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 85% | 9% | 6% | 15% |
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
Standard contractual terms for goods and services is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputed invoices are rare. If a dispute on an invoice does occur, no payment will be made until the issue is resolved. Resolution is typically completed within a short timeframe provided the supplier responds in a timely manner to the query raised by the business. The business spend is approved by authorised and knowledgeable individuals who are best suited to resolve any possible disputes. There is also continuous internal monitoring of unprocessed and outstanding invoices to ensure no items age significantly.
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
Arthur J. Gallagher Insurance Brokers Limited is a leading insurance brokerage firm based in the UK. The company offers a wide range of insurance products and services to businesses of all sizes, as well as individuals.
One of the main focuses of Arthur J. Gallagher is their sustainability program, which aims to reduce the company's environmental impact and promote sustainable practices. This includes initiatives such as paperless billing, recycling, and reducing energy consumption.
The company offers a variety of insurance products, including property and casualty, employee benefits, and personal insurance. They also provide risk management and consultancy services to help businesses mitigate potential risks and protect their assets.
Arthur J. Gallagher has a team of experienced and knowledgeable professionals, including CEO Simon Matson and Chairman Sir Peter Wood, who have extensive experience in the insurance industry. The company prides itself on providing personalized and tailored solutions to meet the unique needs of each client.
Customers can contact Arthur J. Gallagher through their website or by visiting their registered office at The Walbrook Building, 25 Walbrook, London EC4N 8AW. Their website, www.ajg.com/uk, provides more information about their products and services, as well as contact details for their various offices across the UK.
