SKY INHOME SERVICE LIMITED
Company Information
- Company Number
- 02067075
- Registered Address
- Grant Way, Isleworth, Middlesex, TW7 5QD
- Status
- Active
- Employee Count
- 3541.0
- Turnover
- 719000000.0
- EBITDA
- 338000000.0
Additional Details
- Website
- https://sky.com
- Company Type
- Private limited Company
- Incorporated On
- 24 October 1986
- Nature of Business
- 59113 - Television programme production activities
- Industries
- Creative,Media And Publishing,Lifestyle And Entertainment
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 44 | 18% | 79% | 3% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 44 | 15% | 80% | 4% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 43 | 19% | 77% | 4% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 43 | 20% | 74% | 6% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 46 | 14% | 74% | 13% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 42 | 22% | 62% | 16% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 35 | 44% | 38% | 17% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 50 | 16% | 53% | 31% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 47 | 20% | 57% | 23% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 48 | 16% | 67% | 17% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 44 | 18% | 70% | 12% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 45 | 21% | 62% | 17% | 23% |
| 01 Jul 2017 - 31 Dec 2017 | 30 Jan 2018 | 44 | 22% | 52% | 26% | 60% |
Company Summary
SKY IN-HOME SERVICE LIMITED is a UK-based company that provides in-home services to customers, primarily in the technology and entertainment industries
The company is committed to sustainability and offers a range of products and services that help reduce its environmental impact
The company's sustainability program focuses on reducing waste, promoting energy efficiency, and using sustainable materials in their products
They have implemented recycling programs for their packaging materials and encourage their customers to recycle their old devices
SKY IN-HOME SERVICE LIMITED also offers energy-efficient devices and services, such as smart home technology, to help customers reduce their energy consumption
The company's main products and services include installation, repair, and maintenance of technology and entertainment equipment, such as TVs, satellite dishes, and internet routers
They also offer personalized home entertainment solutions, including TV and broadband packages
The key people at SKY IN-HOME SERVICE LIMITED include the CEO, who oversees the company's operations and sustainability efforts, and the team of technicians who provide in-home services to customers
The company also has a dedicated customer service team to assist with any inquiries or concerns
Customers can contact the company through their website, which also provides information on their products and services, as well as their sustainability efforts
The registered office address for SKY IN-HOME SERVICE LIMITED is 6 Centenary Park, Coronet Way, Salford, England, M50 1RE
In summary, SKY IN-HOME SERVICE LIMITED is a sustainable company that offers a range of in-home services and products to customers in the UK
They are committed to reducing their environmental impact and providing personalized solutions to enhance customers' home entertainment experience
Company Review
Trend Analysis
The data for SKY IN-HOME SERVICE LIMITED shows a fluctuating trend in the average time taken to pay invoices to suppliers. The company's average time to pay has ranged from 35 days in the first half of 2020 to 50 days in the first half of 2019. However, there has been a slight decrease in the average time to pay since then, with a current average of 44 days.
Volatility Analysis
The data for SKY IN-HOME SERVICE LIMITED also shows a high volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. This indicates that the company's payment practices have been inconsistent and may have been affected by external factors such as economic conditions or changes in supplier relationships.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard terms are between 30 and 60 days from the receipt of a valid invoice. 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
Any other information about payment terms
Across the companies that are held within our main supplier ledger we paid 92.7% of our invoices on time and within the agreed payment terms. We paid 38.4% of invoices within 30 days and 57.5% within 60 days. On average we paid suppliers 38.2 days from receipt of invoice to funds into suppliers’ bank accounts.
Maximum contractual payment period agreed
60
Dispute Resolution Process
At Sky, we aim to resolve disputes or queries regarding invoices and payment as quickly as possible. Should you have a query regarding the expected payment date of an invoice, you can contact our Accounts Payable helpdesk who will be able to advise further at the following address aphelpdesk@sky.uk. For contractual disputes, not necessarily related to payment date enquiries, you should follow the procedure contractually agreed and, if none, then please contact the individual(s) who ordered the goods or services you have provided. When an invoice dispute is received, it should if possible be resolved at point of contact with the Accounts payable team. If this is not possible, the query will be escalated to the business contact and a relevant senior finance contact. When resolved, the invoice will be available for payment on the next standard 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