SABRE INSURANCE COMPANY LIMITED

PaymentCheck Score 2023
99Excellent
#101 in UK
#19 in Financial Services
#20 in South East

Company Information

Company Number
02387080
Registered Address
Sabre House, 150 South Street, Dorking, Surrey, RH4 2YY
Status
Active
Employee Count
157
Turnover
£51,775,000
EBITDA
£24,945,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 May 1989
Nature of Business
65120 - Non-life insurance
Industries
Financial Services,Travel And Transportation
Region
South East

Time to Pay

Average Time to Pay
12 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms1%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-08-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202321 Aug 2024899%1%0%1%
01 Jan 2023 - 30 Jun 202321 Aug 20241299%1%0%1%
01 Jul 2021 - 31 Dec 202125 May 2022898%2%0%2%
01 Jan 2021 - 30 Jun 202113 Jun 2022598%2%0%2%
01 Jan 2019 - 30 Jun 201912 Jul 2019699%1%0%1%

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

usually 30 days but varies between 1 and 30 days.

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

Any payment dispute will be dealt with by a member of the finance team, usually the financial controller or finance associate and a response will be issued within 7 days.

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

SABRE INSURANCE COMPANY LIMITED is a leading insurance provider based in the United Kingdom. The company was founded in 1982 and has since then established itself as a trusted name in the insurance industry.

The company offers a wide range of insurance products and services including motor, home, commercial, and specialty insurance. Their motor insurance policies cover a variety of vehicles, from cars and motorcycles to vans and taxis. They also offer specialized products such as classic car insurance and young driver insurance.

SABRE INSURANCE COMPANY LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have introduced paperless policies and digital processes to minimize paper waste. The company also encourages employees to use public transportation or carpool to reduce carbon emissions.

The key people at SABRE INSURANCE COMPANY LIMITED include CEO Geoff Carter and CFO Andy Pomfret. They are both experienced leaders in the insurance industry and are dedicated to providing excellent customer service and driving the company's growth.

For any inquiries, customers can contact SABRE INSURANCE COMPANY LIMITED through their website, which is user-friendly and provides detailed information about their products and services. The company's registered office address is located in Dorking, Surrey.

In conclusion, SABRE INSURANCE COMPANY LIMITED is a reputable insurance provider in the UK, offering a range of sustainable products and services. With a strong leadership team and a commitment to sustainability, the company continues to be a reliable choice for customers seeking insurance solutions.

Financial Metrics

Cash
£17,540,000
Net Worth
£66,739,000
Total Current Assets
£398,584,000
Total Current Liabilities
£353,579,000

Company Location