SAGA CRUISES LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +12.1%

  £210,005,000 → £235,382,000

• Cash

  +71.4%

  £2,641,000 → £4,526,000

• Net assets

  +119.1%

  -£27,592,000 → £5,270,000

• Employees

  0%

  124 → 124

• Operating profit

  +47.4%

  £31,399,000 → £46,287,000

• Profit before tax

  +80.8%

  £17,398,000 → £31,462,000

• Wages

  +9.8%

  £5,517,000 → £6,057,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. SAGA CRUISES LIMITED 2016-06-29 → present
2. ACROMAS SHIPPING LIMITED 2009-02-10 → 2016-06-29
3. SAGA SHIPPING COMPANY LIMITED 1996-12-11 → 2009-02-10
4. IBIS (338) LIMITED 1996-10-24 → 1996-12-11

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. SAGA CRUISES LIMITED · parent
   1. Saga Cruises V Limited 1% · England · Cruising
   2. Saga Cruises VI Limited 1% · England · Cruising
   3. Saga Crewing Services Limited 1% · England · Crew ancillary costs

Significant events

• “The EU Emissions Trading System (EU ETS) is now in effect. Within the EU, cruise operators are required to purchase allowances for all ships that dock in EU ports. This was introduced on 1 January 2024. The Fuel EU Maritime Regulation came into effect on 1 January 2025 and was applicable for one month of these financial statements.”
• “On 30 January 2025, the Group announced that it had agreed new credit facilities, comprising a £335.0m term loan facility, a £100.0m DDTL facility and a £50.0m RCF. The term loan facility and DDTL facility both mature on 29 January 2031 and the RCF matures on 29 July 2030. Subsequent to the year end, on 27 February 2025, the Group drew down the £335.0m term loan facility and utilised the proceeds to repay the £250.0m senior unsecured notes maturing in July 2026, and the £75.0m drawn under the £85.0m loan facility provided by Roger De Haan.”
• “Since the year end, on 15 May 2025, the Saga Plc Group successfully syndicated £33.4m of the new £50.0m RCF credit facility, with the remaining £16.6m being rolled into the £100.0m delayed-draw term loan.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.