Industry ranking
| 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 Aug 2025 - 31 Jan 2026 | 27 Feb 2026 | 30 | 65% | 30% | 5% | 38% |
| 01 Feb 2025 - 31 Jul 2025 | 28 Aug 2025 | 29 | 67% | 29% | 4% | 36% |
| 01 Aug 2024 - 31 Jan 2025 | 27 Feb 2025 | 27 | 78% | 18% | 4% | 24% |
| 01 Feb 2024 - 31 Jul 2024 | 22 Aug 2024 | 28 | 76% | 19% | 5% | 28% |
| 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 Feb 2019 - 31 Jul 2019 | 29 Aug 2019 | 15 | 94% | 5% | 1% | 28% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 25 | 76% | 18% | 6% | 39% |
| 01 Feb 2018 - 31 Jul 2018 | 30 Aug 2018 | 17 | 86% | 13% | 1% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 day standard terms on receipt of invoice. Maximum payment terms of 60 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
60
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.
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.
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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
Saga Group Limited is registered under a head office activities classification and functions as a holding company within the Saga group. The group trades under the Saga brand, offering products and services aimed at people over 50, including car, home, travel and health insurance, savings and mortgage products, escorted tours, hotel stays and ocean and river cruises, plus a monthly magazine and an online dating service. The registered entity itself does not appear to trade directly with customers but sits within this wider corporate structure. The group is described as one of the UK's most trusted brands for the over 50s market, with award-winning insurance and holiday products.
Generated from the company's website and Companies House records. Sources: saga.co.uk · saga.co.uk