The data for Anglia Telecom Centres Limited shows a fluctuating trend in the average time taken to pay invoices to suppliers. In the first period (Apr 2018 - Sep 2018), the average time was 35 days, which then increased to 55 days in the second period (Oct 2018 - Mar 2019). However, it decreased back to 37 days in the third period (Apr 2019 - Sep 2019).
The data also shows a high volatility in the percentage of invoices paid within 30 days and between 31-60 days. In the first period, 10% of invoices were paid within 30 days, which then decreased to 12% in the second period, but increased to 13% in the third period. Similarly, the percentage of invoices paid between 31-60 days was 86% in the first period, decreased to 85% in the second period, and then increased back to 84% in the third period.
Overall, there has been a slight improvement in the average time taken to pay invoices in the third period compared to the second period. However, the percentage of invoices paid within 30 days and between 31-60 days has decreased in the third period compared to the first period. The worst period for ANGLIA TELECOM CENTRES LIMITED was the second period where only 3% of invoices were paid later than 60 days, which was the highest percentage among all periods.
| 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 2019 - 30 Sept 2019 | 31 Oct 2019 | 37 | 13% | 84% | 3% | 24% |
| 01 Oct 2018 - 31 Mar 2019 | 31 Oct 2019 | 55 | 12% | 85% | 3% | 24% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 35 | 10% | 86% | 4% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard contractual payment terms for all qualifying contracts are 60 days after end of month in which invoice dated, however, specific terms can be negotiated and agreed with a supplier. The agreed payment terms are reflected in our contractual documentation and accounting system. There were no changes to standard payment terms in the reporting period.
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
Supplier invoices are processed and passed to business approvers who can approve or reject an invoice. In the event of a dispute, it is logged with the supplier via email or on their portal wherever applicable. The supplier and the relevant Daisy authorised person work towards dispute resolution. If the dispute is ruled in favour of Daisy, a credit note may be issued by the supplier. In case the dispute remains unresolved within a reasonable period, the supplier can contact the relevant Daisy business contact or that from the Group Procurement team.
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
Anglia Telecom Centres Limited is a UK-registered company forming part of the Daisy Group corporate structure. Its registered office is in London and its listed business activity is wireless telecommunications. The wider Daisy Group, which trades under the Daisy name, describes itself as "the largest independent specialist telecommunications provider delivering telecoms solutions to UK businesses", offering connectivity, mobile, cloud, voice, IoT, cyber security and payment solutions to UK companies. As this entity sits within that group rather than operating a distinct public-facing service, its own trading activity is not separately described; it should be understood as part of Daisy's telecommunications operations rather than an independent trading business in its own right.
Generated from the company's website and Companies House records. Sources: daisygroup.com