| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 43 | 64% | 13% | 23% | 67% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 38 | 49% | 44% | 7% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 38 | 50% | 44% | 6% | 25% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 37 | 49% | 46% | 5% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 37 | 52% | 43% | 5% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 38 | 48% | 47% | 5% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 34 | 53% | 43% | 4% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 34 | 53% | 42% | 5% | 32% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 35 | 51% | 44% | 5% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 34 | 55% | 42% | 3% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 36 | 54% | 39% | 7% | 32% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 35 | 53% | 41% | 6% | 41% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 39 | 53% | 39% | 8% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 37 | 52% | 38% | 10% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 36 | 53% | 36% | 11% | 49% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 36 | 51% | 39% | 10% | 50% |
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 from invoice date, 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
In mid August 2025, Colt Group detected a cyber incident affecting one of its internal business support systems. As a precautionary measure, certain systems across the Colt Group were proactively and temporarily shut down. Management promptly reported the incident to the relevant authorities, and external cybersecurity experts were engaged to support internal teams in managing the response and mitigating associated risks. As a result of this incident, payments to our suppliers have been adversely impacted.
Maximum contractual payment period agreed
90
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 where applicable. The supplier and the relevant Colt authorised person work towards dispute resolution and a credit note may be issued by the supplier once the dispute is agreed. In case the dispute remains unresolved within a reasonable period, the supplier can contact the relevant Colt business contact. The supplier may further contact the Colt Divisional / Finance Head. For any payment related queries, the supplier can also write to APQueryUK@colt.net
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
COLT Technology Services is a global provider of high-performance network and communication services. Established in 1992, the company has a strong presence in Europe, Asia, and North America, serving over 900 cities in 28 countries.
The company's primary focus is on delivering secure, reliable, and scalable connectivity solutions to businesses of all sizes. They offer a wide range of services, including data, voice, and managed cloud services, as well as network and data center solutions. Their advanced network infrastructure ensures high-speed and low-latency connections, enabling businesses to operate efficiently and effectively.
COLT Technology Services is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in renewable energy sources, such as wind and solar power, and have implemented energy-efficient practices in their data centers. The company also encourages remote working to reduce carbon emissions and has set ambitious targets to reduce their carbon footprint.
The key people at COLT Technology Services include CEO Keri Gilder, who has over 20 years of experience in the telecom industry, and Chairman Carl Grivner, who brings over 30 years of experience in the technology sector. The company also has a team of highly skilled professionals who are dedicated to providing exceptional services to their customers.
For more information on their services and sustainability efforts, you can visit their website at www.colt.net. The company's registered office is located at Colt House, 20 Great Eastern Street, London, EC2A 3EH, United Kingdom.
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