MAVENIR SYSTEMS LIMITED
Company Information
- Company Number
- 02693122
- Registered Address
- Reading International Business Park Part Spur Ag, Basingstoke Road, Reading, Berkshire, RG2 6DH
- Status
- Active
- Employee Count
- 99
- Turnover
- £182,703,000
- EBITDA
- £19,533,000
Additional Details
- Website
- https://acision.com
- Company Type
- Private limited Company
- Incorporated On
- 3 March 1992
- Nature of Business
- 62020 - Information technology consultancy activities
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 Feb 2025 - 31 Jul 2025 | 29 Aug 2025 | 44 | 32% | 49% | 19% | 22% |
| 01 Aug 2024 - 31 Jan 2025 | 26 Feb 2025 | 98 | 10% | 40% | 50% | 73% |
| 01 Aug 2023 - 31 Jan 2024 | 28 Feb 2024 | 49 | 18% | 61% | 21% | 32% |
| 01 Feb 2023 - 31 Jul 2023 | 21 Aug 2023 | 55 | 10% | 56% | 33% | 14% |
| 01 Aug 2022 - 31 Jan 2023 | 24 Feb 2023 | 47 | 11% | 73% | 17% | 40% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 60 | 12% | 56% | 32% | 48% |
| 01 Aug 2021 - 31 Jan 2022 | 04 Mar 2022 | 47 | 20% | 60% | 19% | 39% |
| 01 Feb 2021 - 31 Jul 2021 | 25 Aug 2021 | 52 | 22% | 55% | 23% | 27% |
| 01 Aug 2020 - 31 Jan 2021 | 19 Mar 2021 | 48 | 21% | 55% | 24% | 38% |
| 01 Feb 2020 - 31 Jul 2020 | 01 Sept 2020 | 57 | 20% | 55% | 25% | 35% |
| 01 Aug 2019 - 31 Jan 2020 | 21 Feb 2020 | 49 | 25% | 53% | 22% | 22% |
| 01 Feb 2018 - 31 Jul 2018 | 01 Nov 2018 | 77 | 18% | 37% | 45% | 45% |
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
AP sends an email to the vendor informing invoice has been rejected (for various reasons). Vendor then is required to provide supporting documents. Internal BU reviews and determines whether to approve/reject.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
180
Dispute Resolution Process
AP sends an email to the vendor informing invoice has been rejected (for various reasons). Vendor then is required to provide supporting documents. Internal BU reviews and determines whether to approve/reject.
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
MAVENIR SYSTEMS LIMITED is a leading global provider of communication solutions, specializing in software-based networking, cloud-native technologies, and service orchestration
The company was founded in 2005 and is headquartered in Reading, UK.\n\nTheir sustainability program focuses on reducing their environmental impact through initiatives such as energy-efficient products, reducing waste, and promoting sustainable practices among their employees and suppliers
They also prioritize ethical and responsible business practices, including diversity and inclusion efforts.\n\nMAVENIR SYSTEMS LIMITED offers a wide range of products and services, including 5G network solutions, virtualized network functions, and digital enablement platforms
Their innovative solutions help service providers and enterprises to modernize their networks and deliver advanced communication services to their customers.\n\nThe key people at MAVENIR SYSTEMS LIMITED include President and CEO, Pardeep Kohli, and CFO, James Langley
The company has a team of experienced professionals who are dedicated to driving innovation and delivering exceptional customer service.\n\nFor more information about their products and services, interested parties can visit their website at www.mavenir.com
The registered office address is 100 Brook Drive, Green Park, Reading RG2 6UJ, UK.\n\nIn summary, MAVENIR SYSTEMS LIMITED is a global leader in communication solutions, with a strong focus on sustainability and ethical business practices
Their innovative products and services, combined with a talented team of professionals, make them a trusted partner for businesses looking to modernize their networks and deliver cutting-edge communication services
