AGEAS RETAIL LIMITED
Company Information
- Company Number
- 01324965
- Registered Address
- Ageas House Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3YA
- Status
- Active
- Employee Count
- 213
- Turnover
- £73,269,000
- EBITDA
- £11,563,000
Additional Details
- Website
- https://www.rias.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 August 1977
- Nature of Business
- 66220 - Activities of insurance agents and brokers
- 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 | 17 | 93% | 6% | 1% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 17 | 97% | 3% | 0% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 17 | 92% | 6% | 2% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Feb 2024 | 16 | 95% | 5% | 0% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 16 | 93% | 6% | 1% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 19 | 88% | 11% | 1% | 20% |
| 01 Jan 2021 - 31 Dec 2021 | 28 Jan 2022 | 18 | 93% | 6% | 0% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 19 | 93% | 6% | 1% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 20 | 89% | 10% | 1% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 20 | 88% | 9% | 3% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 21 | 90% | 7% | 3% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 21 | 88% | 9% | 3% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 29 | 61% | 31% | 8% | 40% |
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 uses good faith efforts to resolve any disputed amounts promptly in order to facilitate timely payments whenever 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 RETAIL LIMITED is a UK-based insurance company that provides a range of insurance products and services to its customers. The company has a strong focus on sustainability and is committed to making a positive impact on the environment.
The sustainability program of AGEAS RETAIL LIMITED includes reducing their carbon footprint, promoting recycling and waste reduction, and supporting sustainable practices within their supply chain. They also actively engage with their customers to raise awareness about environmental issues and encourage them to take action.
The company offers a variety of insurance products, including car, home, travel, and life insurance. They also provide business insurance and pet insurance. These products are designed to meet the diverse needs of their customers and provide them with peace of mind.
The key people at AGEAS RETAIL LIMITED include the Managing Director, Chief Financial Officer, and Chief Operating Officer. They are supported by a team of experienced professionals who are dedicated to providing excellent customer service and delivering sustainable solutions.
The company's registered office address is at Ageas House, Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3YA. Their website address is www.ageas.co.uk, where customers can find more information about their products and services, as well as their sustainability initiatives.
In summary, AGEAS RETAIL LIMITED is a leading insurance company in the UK with a strong commitment to sustainability. They offer a range of insurance products to meet the needs of their customers and actively promote environmentally friendly practices. Their team of dedicated professionals strives to provide excellent service to their customers, making them a reliable and trustworthy choice for insurance needs.
