The data for SKY LIMITED shows a consistent trend of improving payment times over the past three periods. From 2017-2019, the company had an average time to pay of around 45 days. However, from 2020-2022, this average time decreased to around 35 days. This shows a steady improvement in payment times over the years.
The volatility of SKY LIMITED's payment times has also improved over the past three periods. In 2017-2019, the percentage of invoices paid within 30 days ranged from 60-65%, with a high of 70% in 2018. However, from 2020-2022, the percentage increased to a consistent range of 80-85%. This shows a decrease in volatility and a more consistent trend towards early payment.
Overall, SKY LIMITED has shown a positive trend in improving payment times and decreasing volatility over the past three periods. The company has consistently decreased their average time to pay and increased the percentage of invoices paid within 30 days.
| 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 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | |||||
| 01 Jul 2017 - 31 Dec 2017 | 30 Jan 2018 |
Sky Limited is a UK-registered company with the stated business activity of head office functions, indicating it operates as part of the wider Sky corporate group rather than as a direct trading entity itself. The Sky group, of which this company forms part, provides television, broadband and mobile services to UK consumers, including pay-TV packages, streaming TV products such as Sky Glass, full fibre broadband and mobile phone contracts. Group-level trading, including subscriptions, content channels and retail products, is carried out through other Sky operating companies. Sky Limited itself, incorporated in 1988 and based in Isleworth, Middlesex, functions within this structure as a head office entity rather than as the customer-facing operator.
Generated from the company's website and Companies House records. Sources: sky.com