BGL GROUP LIMITED
Company Information
- Company Number
- 02593690
- Registered Address
- Pegasus House, Bakewell Road Orton Southgate, Peterborough, Cambridgeshire, PE2 6YS
- Status
- Active
- Employee Count
- 804
- Turnover
- £85,300,000
- EBITDA
- £5,400,000
Additional Details
- Website
- https://bglgroup.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 21 March 1991
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Coming Soon
- Region
- East of England
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 | 24 Jul 2025 | 22 | 89% | 9% | 2% | 28% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 19 | 90% | 10% | 0% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 24 | 81% | 13% | 6% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 18 | 89% | 8% | 3% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 21 | 92% | 6% | 2% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 24 | 87% | 9% | 4% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 23 | 82% | 14% | 4% | 18% |
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
The most common standard payment terms is 30 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Our purchase ledger team is responsible for identifying and resolving disputes which may arise between BGL Group Limited and our suppliers. If a supplier has a dispute or a complaint then, in the first instance, they are to contact BGL Group Limited via telephone or e-mail and direct their enquiry to the purchase ledger team
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
BGL GROUP LIMITED is a leading digital distributor of insurance and household financial services. It was founded in 1992 and is headquartered in Peterborough, United Kingdom.
The company offers a wide range of insurance products such as car, home, life, and travel insurance, as well as financial services including loans, credit cards, and savings accounts. They have a strong focus on digital innovation and customer experience, aiming to make insurance and financial services more accessible and convenient for their customers.
BGL GROUP LIMITED also has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing waste, energy consumption, and carbon emissions, as well as promoting recycling and sustainable practices within the company.
The key people at BGL GROUP LIMITED include Matthew Donaldson, the CEO, and Mark Bailie, the Chief Financial Officer. They lead a team of over 3,000 employees who are dedicated to providing excellent customer service and driving the company's growth.
The company's registered office address is Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS, United Kingdom. Their website address is www.bglgroup.co.uk, where customers can find more information about their products and services, as well as contact information for customer support.
