ADMIRAL FINANCIAL SERVICES LIMITED
Company Information
- Company Number
- 10255225
- Registered Address
- Ty Admiral, David Street, Cardiff, United Kingdom, CF10 2EH
- Status
- Active
- Employee Count
- 208
- Turnover
- £58,819,000
- EBITDA
- -£685,000
Additional Details
- Website
- https://admiral.com
- Company Type
- Private limited Company
- Incorporated On
- 28 June 2016
- Nature of Business
- 64929 - Other credit granting not elsewhere classified
- Industries
- Financial Services
- Region
- Wales
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 | 28 | 86% | 10% | 4% | 30% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 28 | 86% | 10% | 4% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 30 | 84% | 12% | 4% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 30 | 76% | 20% | 4% | 43% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 28 | 70% | 25% | 5% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Sept 2022 | 28 | 70% | 24% | 6% | 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 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
60
Dispute Resolution Process
"Admiral has a dedicated team to provide support to suppliers and resolve queries before they become disputes. If there is a dispute, the business will contact the relevant vendors and follow up with an email to resolve. We aim to resolve any query raised by a vendor as soon as possible but within 2 working days. In the event that a dispute cannot be initially resolved, Admiral would comply with any relevant contract provisions on dispute resolution. The business conducts periodic reviews on overdue invoices and the performance of the Purchase Ledger team to ensure that queries are resolved timely and satisfactorily, thereby ensuring a build-up of invoices on hold is avoided and vendors are paid in a timely fashion."
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
ADMIRAL FINANCIAL SERVICES LIMITED is a financial services company based in the United Kingdom. The company offers a range of services including insurance, loans, and credit cards.
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, promoting recycling, and reducing carbon emissions.
ADMIRAL FINANCIAL SERVICES LIMITED offers a variety of products and services to its customers. These include car, home, and travel insurance, personal loans, and credit cards. The company also offers a price comparison service to help customers find the best deals on insurance and financial products.
The key people at ADMIRAL FINANCIAL SERVICES LIMITED include the CEO, CFO, and other members of the executive team who are responsible for the company's overall strategy and operations.
Customers can contact ADMIRAL FINANCIAL SERVICES LIMITED by phone, email, or through their website. The company's registered office address is located in Cardiff, Wales.
In summary, ADMIRAL FINANCIAL SERVICES LIMITED is a sustainable financial services company that offers a range of products and services to its customers. With a strong focus on sustainability, the company is committed to reducing its environmental impact while providing excellent financial solutions to its customers.
