AGEAS INSURANCE LIMITED
Company Information
- Company Number
- 00354568
- Registered Address
- Ageas House Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3YA
- Status
- Active
- Employee Count
- 1,898
- Turnover
- £644,400,000
- EBITDA
- £27,600,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 July 1939
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- South East
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 | 30 Jul 2025 | 21 | 92% | 7% | 1% | 17% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 22 | 93% | 6% | 1% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 22 | 90% | 8% | 2% | 20% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Feb 2024 | 21 | 92% | 6% | 1% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 20 | 91% | 8% | 1% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 25 | 86% | 13% | 1% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 18 | 93% | 6% | 1% | 28% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 20 | 92% | 6% | 2% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 21 | 91% | 7% | 2% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 22 | 91% | 6% | 3% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 23 | 84% | 13% | 3% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 31 | 50% | 45% | 5% | 29% |
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 terms are 30 days unless contractually agreed otherwise.
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 Ageas reasonably disagrees with any invoice raised, it provides the relevant supplier with notice of the disputed amount and its reasons. Ageas use good faith efforts to resolve any disputed amounts promptly in order to facilitate timely payments wherever possible.
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
AGEAS INSURANCE LIMITED is a leading insurance company based in the United Kingdom. They offer a wide range of insurance products and services, including car, home, travel, life, and business insurance.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing their carbon footprint, promoting green practices, and supporting local communities.
AGEAS INSURANCE LIMITED is led by a team of experienced and knowledgeable individuals, including their CEO Bart De Smet. They strive to provide their customers with high-quality and innovative insurance solutions.
Their products and services are designed to meet the diverse needs of their customers and provide them with peace of mind. They offer flexible and customizable insurance plans, convenient online services, and 24/7 customer support.
If you wish to contact AGEAS INSURANCE LIMITED, you can visit their website at www.ageas.co.uk or contact their registered office at Ageas House, Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3YA.
