PAIDLATE by YORXEN
← New check

Their own payment-practices filing · gov.uk

How long does ST Andrew's Insurance PLC take to pay its suppliers?

CRN 03104671 · Financial services · 12 statutory reports on record · period to 31 Dec 2023

15days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Share
Dated record. The latest report covers a period ending 31 Dec 2023 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Public Limited Company
Incorporated
15 Sept 1995
Registered office
33 OLD BROAD STREET, LONDON, EC2N 1HZ
0 outstanding charges on the register Accounts due 30 Jun 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 15.

Stated terms30d
-15 days
Reported avg15d

At a glance

The key figures

30d
their stated terms
5%
invoices paid outside terms
+8d
slower over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 77% of the 661 large companies reporting in financial services.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d
7
13
15
15
12
15
H1 2021H2 2021H1 2022H2 2022H1 2023H2 2023

Where their supplier invoices land · latest period

within 30 days 92% 31–60 days 4% 61+ days 4%

The read · computed from their figures

ST Andrew's Insurance PLC has filed 12 statutory payment periods (earliest H1 2018). Their latest report puts the average at 15 days against stated terms of 30 days.

The direction is slower: from 7 to 15 days over the window — about 8 days slower.

In the latest period 5% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.

What they tell their suppliers

Payment code: Prompt Payment Code Offers e-invoicing

In their own words · from the filing

Standard payment terms

Standard payment terms are 30 days (or 45 days for construction & restoration supplier contracts) after receipt of a correct, undisputed, timely provided and properly due VAT invoice.

Dispute resolution

Suppliers can raise queries with our Accounts Payable department by email to [email protected]

Other information

Invoice Receipt Date We are currently only able to record the date of receipt of invoices for circa 21% of reportable invoices in this report. Where the date we receive an invoice is not available, we have reported on the date of the invoice itself, as we consider this the most justifiable alternative. Unknown payment terms For certain suppliers, our systems do not currently capture details of the payment terms in place under qualifying contracts with those suppliers. Therefore, for the purposes of reporting on our payment statistics for those qualifying contracts, we have assumed that all payments under those contracts are due within 30 days of the date of receipt of the invoice, which reflects our most commonly used contractual payment terms. Sufficient link to the UK Our paym

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 2023155%4%30 Jan 2024
H1 2023124%2%28 Jul 2023
H2 2022153%2%30 Jan 2023
H1 2022154%2%28 Jul 2022
H2 2021132%1%28 Jan 2022
H1 202171%1%28 Jul 2021
H2 202082%1%28 Jan 2021
H1 202091%1%29 Jul 2020
H2 2019178%6%28 Jan 2020
H1 2019144%3%29 Jul 2019
H2 2018155%4%29 Jan 2019
H1 2018176%5%27 Jul 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 8 days slower over the window (7 → 15 days).
What's their typical pay point?
Their latest reports average around day 15, moving within about ±2 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch ST Andrew's Insurance PLC (free)

Their next payment report is due ≈ 28 Jul 2024. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in financial services

Spectron Services Limited · Stagecoach Bus Holdings Limited · Somerset Bridge Group Limited · Standard Advisory London Limited · Societe Generale Equipment Finance Limited · Standard Chartered Bank

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-03104671 · latest period to 31 Dec 2023

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.