Their own payment-practices filing · gov.uk
Hiscox Syndicates Limited paid suppliers in 14 days on average — inside its 30-day stated terms
Their H1 2025 filing put the average 16 days inside their stated 30-day term.
- Their stated terms
- 30 days
- Paid outside agreed terms
- 6% of invoices
- Paid after 61+ days
- 2%
- Reporting period
- 1 Jan 2025 – 30 Jun 2025
- Source
- their gov.uk filing, filed 30 Jul 2025
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2025 filing
Paid 16 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 13 reports
Held steady around 14 days
The read · computed from their figures
Hiscox Syndicates Limited's H1 2025 filing put their average at 14 days against stated terms of 30 days; 6% of invoices were paid outside agreed terms and 2% took 61 days or longer. Filed 30 Jul 2025.
The pattern is steady — their reported average moves within about ±2 days period to period.
That is 13 statutory periods on record (earliest H1 2019) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
Hiscox standard payment terms are 30 days from receipt of the invoice
Dispute resolution
Disputes notified to the Accounts Payable team at [email protected] are prioritised and investigated within 14 working days. When a dispute is received, the vendor is contacted, and the relevant invoices and amounts are reconciled by reviewing updated statements of account vs invoices received and processed in our system any discrepancies are analysed with the corresponding internal contact and resolved with the vendor. Where relevant, disputes can be escalated or notified to the Group Financial Controller. A record of all disputes and their resolution are maintained for future reference. No disputes for H1 2025.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2025 | 14 | 6% | 2% | 30 Jul 2025 |
| H1 2024 | 16 | 6% | 2% | 28 Jan 2025 |
| H1 2024 | 14 | 7% | 1% | 30 Jul 2024 |
| H2 2023 | 13 | 6% | 1% | 31 Jan 2024 |
| H1 2023 | 13 | 7% | 1% | 17 Jul 2023 |
| H2 2022 | 15 | 11% | 2% | 30 Jan 2023 |
| H1 2022 | 20 | 13% | 5% | 29 Jul 2022 |
| H2 2021 | 16 | 9% | 2% | 27 Jan 2022 |
| H1 2021 | 18 | 12% | 4% | 26 Jul 2021 |
| H2 2020 | 16 | 11% | 3% | 29 Jan 2021 |
| H1 2020 | 26 | 22% | 3% | 15 Jul 2020 |
| H2 2019 | 23 | 32% | 12% | 16 Jan 2020 |
| H1 2019 | 23 | 11% | 3% | 10 Jul 2019 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 12 Mar 1991
- Registered office
- 22 BISHOPSGATE, LONDON, EC2N 4BQ
Quick answers · Hiscox Syndicates Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-02590623 · latest period to 30 Jun 2025
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