Published reports

RENAISSANCERE CORPORATE CAPITAL (UK) LIMITED

Company number: 06838321

This information is as reported by the business, and responses are in their own words.

Reporting period:

1 January 2021 to 30 June 2021

Report filed on:

29 July 2021

Approved by:

Divyesh Upadhyaya

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Payment statistics

Late and disputed:

• payments due in the reporting period which have not been paid within the agreed period: 0%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

Answer not provided

Standard payment terms

The company has very few qualifying contracts and accordingly there are 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

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

30 days

No further comment provided

Any other information about payment terms

No further comment provided

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? If so, which?

For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.

No, this business has not signed up to a code of conduct or standards on payment practices.

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.

No

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.

No

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?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No