SKY TELECOMMUNICATIONS SERVICES LIMITED

PaymentCheck Score 2025
56Fair
#3325 in UK
#1262 in London

Company Information

Company Number
02883980
Registered Address
Grant Way, Isleworth, Middlesex, TW7 5QD
Status
Active
Employee Count
1
Turnover
£1,612,000,000
EBITDA
£196,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 December 1993
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
39 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
26%
31-60 Days
71%
After 60 Days
3%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254121%75%4%7%
01 Jan 2022 - 30 Jun 202229 Jul 20224022%76%2%4%
01 Jul 2021 - 31 Dec 202128 Jan 20224215%80%6%4%
01 Jan 2020 - 30 Jun 202030 Jul 20204519%67%14%10%
01 Jan 2018 - 30 Jun 201830 Jul 20184122%68%10%12%

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

Our standard terms are between 30 and 60 days from the receipt of a valid invoice. 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 predominant paying company is Sky UK Ltd and there is a wide disparity in the number of invoices paid through our various legal entities. Sky figures are impacted by intercompany trading within the Sky companies, particularly Sky In-home Service Limited. Our standard terms and conditions for suppliers are between 30 and 60 days from the receipt of a valid invoice. Across the companies that are held within our main supplier ledger we paid 91.8% of our invoices on time and within the agreed payment terms. We paid 38.4% of invoices within 30 days and 57.5% within 60 days. On average we paid suppliers 38.2 days from receipt of invoice to funds into suppliers’ bank accounts.

Maximum contractual payment period agreed

60

Dispute Resolution Process

At Sky, we aim to resolve disputes or queries regarding invoices and payment as quickly as possible. Should you have a query regarding the expected payment date of an invoice, you can contact our Accounts Payable helpdesk who will be able to advise further at the following address aphelpdesk@sky.uk. For contractual disputes, not necessarily related to payment date enquiries, you should follow the procedure contractually agreed and, if none, then please contact the individual(s) who ordered the goods or services you have provided. When an invoice dispute is received, it should if possible be resolved at point of contact with the Accounts payable team. If this is not possible, the query will be escalated to the business contact and a relevant senior finance contact. When resolved, the invoice will be available for payment on the next standard 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

SKY TELECOMMUNICATIONS SERVICES LIMITED is a leading telecommunications company in the United Kingdom. Founded in 1989, the company has established itself as a major player in the industry, providing a range of innovative products and services to its customers.

The company's sustainability program is a key aspect of its operations. SKY TELECOMMUNICATIONS SERVICES LIMITED is committed to reducing its carbon footprint and promoting environmental sustainability. They have implemented various initiatives such as using renewable energy sources, reducing paper usage, and promoting recycling. The company also works with local communities to support environmental conservation projects.

SKY TELECOMMUNICATIONS SERVICES LIMITED offers a variety of products and services to its customers, including television, broadband, and telephone services. Their television service offers a wide range of channels, including exclusive sports and entertainment channels. Their broadband service provides fast and reliable internet connectivity, and their telephone service offers competitive rates and excellent call quality.

The company's key people include Chief Executive Officer, Jeremy Darroch, and Chief Financial Officer, Andrew Griffith. They lead a team of dedicated professionals who are committed to providing high-quality services to customers.

Customers can contact SKY TELECOMMUNICATIONS SERVICES LIMITED through their website, which also provides information on their products and services. The company's registered office address is Grant Way, Isleworth, TW7 5QD, United Kingdom.

In summary, SKY TELECOMMUNICATIONS SERVICES LIMITED is a leading telecommunications company in the UK, known for its sustainability efforts, innovative products and services, and dedicated team of professionals. With a strong commitment to providing excellent customer service, the company continues to be a top choice for telecommunication needs in the UK.

Financial Metrics

Cash
£0
Net Worth
£1,155,000,000
Total Current Assets
£170,000,000
Total Current Liabilities
£309,000,000

Company Location