VIRGIN MEDIA WHOLESALE LIMITED
Company Information
- Company Number
- 02514287
- Registered Address
- 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Status
- Active
- Employee Count
- 0
- Turnover
- £204,699,000
- EBITDA
- £86,670,000
Additional Details
- Website
- https://virginmedia.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 21 June 1990
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- 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 | 76 | 0% | 27% | 73% | 36% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 38 | 50% | 33% | 17% | 33% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 4 | 92% | 8% | 0% | 50% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 10 | 85% | 15% | 0% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 74 | 0% | 29% | 71% | 52% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 13 | 91% | 7% | 2% | 4% |
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 90 days from the receipt of a valid invoice or the receipt of a valid application for payment. 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
90
Dispute Resolution Process
At Virgin Media Wholesale 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 WHOLESALE LIMITED is a telecommunications company that provides wholesale services to various businesses in the UK. They offer a range of products and services such as broadband, mobile, and TV services to their clients. The company also has a strong focus on sustainability, with various initiatives in place to reduce their environmental impact.
Their sustainability program includes a commitment to using renewable energy sources, reducing carbon emissions, and implementing energy-efficient practices in their operations. They also have programs in place to promote recycling and reduce waste in their offices and facilities.
Key people in the company include CEO Lutz Schüler and Managing Director of Wholesale, Paul Buttery. They are supported by a team of experienced and dedicated professionals who work towards achieving the company's goals.
To contact VIRGIN MEDIA WHOLESALE LIMITED, individuals can visit their website at https://www.virginmediawholesale.co.uk/ or reach out to their registered office at 500 Brook Drive, Reading, Berkshire, RG2 6UU, United Kingdom. The company is committed to providing high-quality services to their clients while also prioritizing sustainability in their operations.
