VODAFONE LIMITED
Company Information
- Company Number
- 01471587
- Registered Address
- Vodafone House, The Connection, Newbury, Berkshire, RG14 2FN
- Status
- Active
- Employee Count
- 9,424
- Turnover
- £5,816,000,000
- EBITDA
- £803,500,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 January 1980
- Nature of Business
- 33200 - Installation of industrial machinery and equipment61900 - Other telecommunications activities
- Industries
- Commerce Models, Fashion, Hardware, Information Technology, Telecommunications And Data, Professional Services, Telecommunications
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
Vodafone Limited exhibits a trend of extended payment cycles, with an average payment time of 61 days. A substantial 36% of payments extend beyond 60 days, indicating a consistent trajectory towards longer payment terms for suppliers. Only 25% of invoices are settled within 30 days, suggesting suppliers should not anticipate quick payment as the standard.
Volatility Analysis
Payment reliability with Vodafone Limited shows moderate unpredictability, as only 25% are settled within 30 days, while 39% fall into the 31-60 day range. The high proportion of payments taking over 60 days (36%) introduces a significant risk factor for cash flow forecasting despite the low 2% explicitly categorized as "late."
Summary Analysis
Overall, suppliers should anticipate an average payment duration exceeding 60 days and factor this into their financial planning. Key decision factors include the need for robust working capital to manage extended payment terms and the potential impact on cash flow. Mitigation strategies could involve negotiating shorter payment terms, considering credit insurance, or building a buffer into pricing for delayed payments.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 62 | 27% | 36% | 37% | 2% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 58 | 30% | 36% | 34% | 2% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 68 | 22% | 33% | 45% | 2% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 72 | 20% | 29% | 51% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 58 | 32% | 35% | 33% | 2% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 57 | 32% | 37% | 31% | 4% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 71 | 31% | 22% | 47% | 7% |
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 percentages provided in the payment statistics above include payments made to Vodafone Group entities providing goods or services to Vodafone Limited. Vodafone intercompany payment terms include many transactions with payment terms up to 115 days. These payments are included in our reported statistics as required and this therefore impacts the payment statistics. If intercompany payments are excluded from the statistics, they are as follows: Average time to pay in days – 43 days Split of payments made under qualifying contracts in the reporting period A) Percentage of invoices paid between day 1 and day 30 (inclusive) – 43 % B) Percentage of invoices paid between day 31 and day 60 (inclusive) – 53 % C) Percentage of invoices paid on or after day 61 – 4% Payments due in the reporting period which have not been paid within the agreed period – 2 % Our standard payment terms are as follows: General procurement agreements: For external suppliers Vodafone Limited’s standard payment terms are 60 days from the date of receipt of invoice, or where a supplier is classed as a small supplier, in accordance with the UK Companies Act, 30 days from the date of receipt of invoice. Where the relevant agreement relates to the provisions of goods or services for supply to public sector customers, Vodafone Limited’s standard payment terms are 30 days from date of receipt of invoice. For procurement from other Vodafone Group companies Vodafone Limited’s payment terms are up to 115 days. Longer or shorter payment terms may be agreed as part of a wider commercial negotiation of the relevant agreement. Any deviation from standard terms will take into account, amongst other things, (i) the type of goods or services provided and undertaken, (ii) the size of the supplier and its wider corporate group, (iii) the supplier’s relationship with the wider Vodafone Group and (iv) any other relevant commercial factors. Carrier services agreements: Vodafone Limited operates netting arrangements with certain other telecommunications providers in relation to reciprocal roaming and inter-connect agreements. These arrangements are standard in the telecommunications industry. Invoices that are set-off in full against reciprocal invoices from Vodafone Limited to other parties are not included in the payment statistics as no payment is made. Outside of these netting arrangements Vodafone Limited’s standard payment terms for these types of agreements are as set out above for general procurement. For sponsorship and utilities agreements there are no standard payment terms as all contracts are agreed on a case by case basis. For Retail Franchise and Consumer (CBU) Indirect channel partners, commission is calculated monthly and is paid one month in arrears at the end of the following month. For Enterprise (EBU) Indirect Small to Medium Enterprise (SME) Partners (also known as Vodafone Partner Services) commission is calculated monthly and is paid on the first Tuesday or Friday (whichever comes first) in the second month following. For Aggregator Partners, revenue payments for ‘charge to bill’ services are calculated at the end of the month following the month in which the service user's transaction occurred and are paid in arrear at the end of the calculation month. Further revenue payments to Aggregator Partners, for 'charge to bill' transactions where the service user has paid Vodafone late, are paid at the end of the 6th month following the transaction.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Vodafone Limited were signatories to the Prompt Payment Code until Dec 24 when it was withdrawn but remain committed to adhering to its principles, and have submitted an expression of interest to join its replacement, the Fair Payment Code. The majority of our invoices are received via eInvoicing which also improves our ability to pay them on time. Vodafone Limited continue to ensure that suppliers identified as small in accordance with the Companies Act, are changed to payment terms of 30 days from receipt of invoice where previous longer terms applied.
Maximum contractual payment period agreed
186
Dispute Resolution Process
Any disputes on individual invoices should be raised to the Vodafone Limited Accounts Payable team via our Supplier Digital Portal (http://supplier.ariba.com/) who will work with the supplier to resolve the issue. The supplier will generally receive a response the next day but we aim to respond to all queries within 5 working days. Any contractual disputes are managed through our Commercial Contract Management Process involving the supplier, Supply Chain Management and Legal. Suppliers should contact Supply Chain Management or the applicable Vodafone Commercial Manager in such cases.
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.
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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.
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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.
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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?
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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
VODAFONE LIMITED operates as an active private limited company. Its name indicates a business focus within the telecommunications sector.
Incorporated on 7 January 1980, the company holds company number 01471587. Its registered office is Vodafone House, The Connection, Newbury, Berkshire, RG14 2FN, situated in the South East of England.
As a telecommunications provider, the company typically delivers a range of services to the UK market. These offerings include mobile telephony, fixed-line broadband, and various other communication solutions.
