SAGA GROUP LIMITED
Company Information
- Company Number
- 00638891
- Registered Address
- 3 Pancras Square, London, United Kingdom, N1C 4AG
- Status
- Active
- Employee Count
- 365
- Turnover
- £29,736,000
- EBITDA
- -£25,444,000
Additional Details
- Website
- https://saga.co.uk/insurance
- Company Type
- Private limited Company
- Incorporated On
- 6 October 1959
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Feb 2025 - 31 Jul 2025 | 28 Aug 2025 | 29 | 67% | 29% | 4% | 36% |
| 01 Aug 2023 - 31 Jan 2024 | 29 Feb 2024 | 28 | 69% | 27% | 4% | 38% |
| 01 Feb 2023 - 31 Jul 2023 | 30 Aug 2023 | 28 | 77% | 19% | 5% | 27% |
| 01 Aug 2022 - 31 Jan 2023 | 23 Feb 2023 | 24 | 88% | 9% | 3% | 15% |
| 01 Feb 2022 - 31 Jul 2022 | 18 Aug 2022 | 22 | 90% | 8% | 2% | 12% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 20 | 87% | 12% | 1% | 15% |
| 01 Feb 2021 - 31 Jul 2021 | 23 Aug 2021 | 22 | 90% | 7% | 3% | 12% |
| 01 Aug 2020 - 31 Jan 2021 | 24 Feb 2021 | 35 | 75% | 12% | 13% | 29% |
| 01 Feb 2020 - 31 Jul 2020 | 27 Aug 2020 | 13 | 86% | 13% | 1% | 22% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 15 | 89% | 9% | 2% | 18% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 25 | 76% | 18% | 6% | 39% |
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
30 day standard terms on receipt of invoice. Maximum payment terms of 120 days. There have been no changes to standard terms and it would be agreed with suppliers for any changes to their payment terms.
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
120
Dispute Resolution Process
Supplier would contact Accounts Payable. It is possible that Saga Group Ltd have not received the invoice so a copy can be sent to resolve and paid as quickly as possible. If Saga Group Ltd have received the invoice but it hasn't yet been authorised, the authoriser will be contacted to understand why and potentially enter into dialogue with the supplier.
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
SAGA GROUP LIMITED is a British company that offers a wide range of products and services to customers over the age of 50
The company was founded in 1951 and is headquartered in Folkestone, Kent.\n\nThe company's main focus is on providing insurance, travel, and financial services to its customers
They also offer a variety of lifestyle products such as cruises, health and beauty products, and home care services.\n\nOne of the key aspects of SAGA GROUP LIMITED's operations is their commitment to sustainability
The company has implemented various measures to reduce their carbon footprint and promote eco-friendly practices
They have also launched a sustainability program called "Green Matters" which aims to educate their customers and employees on sustainable living.\n\nThe company's key people include Patrick O'Sullivan, the Chairman, and Euan Sutherland, the Group Chief Executive Officer
They lead a team of over 10,000 employees who are dedicated to providing quality services to their customers.\n\nCustomers can contact SAGA GROUP LIMITED through their website, which offers a variety of online services and information
The company's registered office address is Enbrook Park, Sandgate, Folkestone, Kent CT20 3SE.\n\nIn summary, SAGA GROUP LIMITED is a well-established company that offers a range of products and services to customers over the age of 50
With a strong focus on sustainability and a dedicated team of key people, the company continues to provide quality services to its customers
