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 | 26 | 72% | 26% | 2% | 30% |
| 01 Feb 2025 - 31 Jul 2025 | 28 Aug 2025 | 31 | 56% | 42% | 2% | 46% |
| 01 Aug 2024 - 31 Jan 2025 | 10 Mar 2025 | 32 | 61% | 36% | 3% | 40% |
| 01 Feb 2024 - 31 Jul 2024 | 21 Aug 2024 | 32 | 56% | 40% | 4% | 48% |
| 01 Aug 2023 - 31 Jan 2024 | 29 Feb 2024 | 27 | 78% | 19% | 3% | 23% |
| 01 Feb 2023 - 31 Jul 2023 | 05 Sept 2023 | 24 | 89% | 10% | 1% | 14% |
| 01 Aug 2022 - 31 Jan 2023 | 23 Feb 2023 | 22 | 91% | 7% | 2% | 12% |
| 01 Feb 2022 - 31 Jul 2022 | 18 Aug 2022 | 20 | 89% | 10% | 1% | 13% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 18 | 87% | 12% | 1% | 14% |
| 01 Feb 2021 - 31 Jul 2021 | 23 Aug 2021 | 21 | 97% | 3% | 0% | 3% |
| 01 Aug 2020 - 31 Jan 2021 | 24 Feb 2021 | 31 | 80% | 12% | 8% | 23% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 18 | 83% | 15% | 2% | 20% |
| 01 Feb 2019 - 31 Jul 2019 | 29 Aug 2019 | 26 | 98% | 2% | 0% | 30% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 17 | 89% | 11% | 0% | 9% |
| 01 Feb 2018 - 31 Jul 2018 | 30 Aug 2018 | 22 | 71% | 29% | 0% | 37% |
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 Services Ltd have not received the invoice so a copy can be sent to resolve and paid as quickly as possible. If Saga Services 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.
❌
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 Services Limited is a registered UK company operating within the Saga group, which is known for products and services aimed at people over 50. According to Companies House records, its classified business activity is that of an insurance agent or broker, arranging insurance cover such as car, home, travel and health policies. The wider Saga group also offers holidays, cruises, financial products and a magazine, but these broader activities belong to the group as a whole rather than to this specific registered entity. The company's registered office is in London, and it has been incorporated since 1962, reflecting its long-standing role within the Saga brand's insurance operations.
Generated from the company's website and Companies House records. Sources: saga.co.uk · saga.co.uk