VIRGIN MEDIA BUSINESS LIMITED
Company Information
- Company Number
- 01785381
- Registered Address
- 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Status
- Active
- Employee Count
- 0
- Turnover
- £362,405,000
- EBITDA
- £44,746,000
Additional Details
- Website
- https://www.travinet.com/
- Company Type
- Private limited Company
- Incorporated On
- 24 January 1984
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Information Technology, Telecommunications And Data, Professional Services, Telecommunications
- Region
- South East
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 | 29 Jul 2025 | 21 | 88% | 10% | 2% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 21 | 89% | 7% | 4% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 23 | 82% | 15% | 3% | 6% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 25 | 76% | 22% | 2% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 27 | 74% | 22% | 4% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 27 | 68% | 29% | 3% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 34 | 57% | 33% | 10% | 19% |
| 01 Aug 2019 - 31 Dec 2019 | 29 Jan 2020 | 34 | 57% | 33% | 10% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 36 | 52% | 38% | 10% | 25% |
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
Payment terms are agreed with suppliers as part of contract negotiations. Our standard terms are between 30 and 60 days from the receipt of a valid invoice or the receipt of a valid application for payment. Longer payment terms do exists albeit by rare exception. On receipt of a valid invoice these invoices are included in a weekly payment run as they fall due.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Our suppliers are paid via a weekly payment run which is pulled to cover the week in advance, thus ensuring suppliers should not be paid late.
Maximum contractual payment period agreed
60
Dispute Resolution Process
At Virgin Media Business Limited our aim is to resolve invoice queries or disputes in a timely manner and ensure payments are made at the earliest opportunity. If you have a query regarding the payment date or an invoice dispute then the best way to contact us is to raise a query on our Purchase to Pay (P2P) Query Tool https://vm-supplier.custhelp.com. The P2P Team will be able to resolve most queries and can liaise with our internal business contacts on your behalf. More complex disputes may need the business contacts to provide feedback directly. Upon resolution of any disputes or queries if the invoice has become due it will be settled on the next payment run.
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
VIRGIN MEDIA BUSINESS LIMITED is a telecommunications company based in the United Kingdom, offering a range of services and products to businesses of all sizes. The company is a subsidiary of Virgin Media and has been in operation since 2007.
The company's main focus is on providing high-speed internet, phone, and networking solutions to businesses. They offer a wide range of packages tailored to the specific needs of each business, from small start-ups to large corporations. Their services include broadband, leased lines, mobile, cloud services, and security solutions.
VIRGIN MEDIA BUSINESS LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using 100% renewable electricity for their operations, reducing carbon emissions, and promoting recycling and waste reduction.
Some of the key people at VIRGIN MEDIA BUSINESS LIMITED include the CEO, Rob Orr, and the Managing Director, Peter Kelly. They lead a team of dedicated professionals who strive to provide innovative and reliable solutions to their customers.
For inquiries or to learn more about their services, customers can contact VIRGIN MEDIA BUSINESS LIMITED through their website, which also contains information on their sustainability program. The company's registered office address is located at Media House, Bartley Wood Business Park, Hook, Hampshire, RG27 9UP.
