SAGA CRUISES LIMITED
Company Information
- Company Number
- 03267858
- Registered Address
- 3 Pancras Square, London, United Kingdom, N1C 4AG
- Status
- Active
- Employee Count
- 112
- Turnover
- £168,342,000
- EBITDA
- £43,651,000
Additional Details
- Website
- https://SAGA.CO.UK
- Company Type
- Private limited Company
- Incorporated On
- 24 October 1996
- Nature of Business
- 50100 - Sea and coastal passenger water transport
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Feb 2025 - 31 Jul 2025 | 28 Aug 2025 | 26 | 79% | 18% | 3% | 25% |
| 01 Aug 2023 - 31 Jan 2024 | 29 Feb 2024 | 26 | 76% | 19% | 5% | 28% |
| 01 Aug 2022 - 31 Jan 2023 | 23 Feb 2023 | 24 | 83% | 10% | 7% | 20% |
| 01 Feb 2022 - 31 Jul 2022 | 18 Aug 2022 | 38 | 82% | 11% | 7% | 33% |
| 01 Aug 2021 - 31 Jan 2022 | 28 Feb 2022 | 13 | 83% | 12% | 5% | 22% |
| 01 Feb 2021 - 31 Jul 2021 | 23 Aug 2021 | 11 | 95% | 3% | 2% | 5% |
| 01 Aug 2020 - 31 Jan 2021 | 24 Feb 2021 | 18 | 86% | 9% | 5% | 16% |
| 01 Feb 2020 - 31 Jul 2020 | 27 Aug 2020 | 24 | 86% | 13% | 1% | 16% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 15 | 80% | 19% | 1% | 24% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 15 | 79% | 20% | 1% | 25% |
| 01 Feb 2018 - 31 Jul 2018 | 30 Aug 2018 | 15 | 76% | 23% | 1% | 28% |
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
30 day standard terms on receipt of invoice. Maximum payment terms of 90 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
90
Dispute Resolution Process
Supplier would contact Accounts Payable. It is possible that Saga Cruises Ltd have not received the invoice so a copy can be sent to resolve and paid as quickly as possible. If Saga Cruises 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.
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
SAGA CRUISES LIMITED is a British-based cruise line company that offers luxury cruises for mature travelers over the age of 50
The company was founded in 1996 and is headquartered in Folkestone, Kent.\n\nThe main focus of SAGA CRUISES LIMITED is to provide a unique and personalized experience for their customers
They offer a range of cruise packages to various destinations, including Europe, the Mediterranean, the Caribbean, and the Norwegian Fjords
Their ships are designed with comfort and luxury in mind, offering spacious cabins, fine dining options, and onboard entertainment.\n\nApart from their cruise services, SAGA CRUISES LIMITED also has a strong sustainability program in place
They are committed to reducing their environmental impact and have implemented various measures to achieve this, such as using energy-efficient systems, reducing waste, and implementing recycling programs
They also support local communities and work towards preserving the destinations they visit.\n\nThe key people responsible for the success of SAGA CRUISES LIMITED include CEO Robin Shaw and Chairman Patrick O'Sullivan
They both bring extensive experience in the travel and hospitality industry and are dedicated to providing exceptional service to their customers.\n\nFor more information on SAGA CRUISES LIMITED, their services, and sustainability efforts, visit their website at www.saga.co.uk/cruises
Their registered office address is at Enbrook Park, Sandgate, Folkestone, Kent, CT20 3SE, United Kingdom