EXCLUSIVE NETWORKS LIMITED

Company Information

Company Number
02900798
Registered Address
Alresford House, Mill Lane, Alton, Hampshire, GU34 2QJ
Status
Active
Employee Count
236.0
Turnover
553870000.0
EBITDA
15004000.0

Additional Details

Company Type
Private limited Company
Incorporated On
22 February 1994
Nature of Business
46510 - Wholesale of computers, computer peripheral equipment and software
Industries
0
Region
South East

Company Location

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Financial Metrics

Cash
£76,939,857.00
Net Worth
£52,133,964.00
Total Current Assets
£204,643,388.00
Total Current Liabilities
£160,294,812.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-01

Time to Pay

Average Time to Pay
58 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
9%
31-60 Days
64%
After 60 Days
26%
Not Paid Within Terms74%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202301 Feb 2024589%64%26%74%
01 Jan 2023 - 30 Jun 202331 Jul 20235810%61%29%72%
01 Jul 2022 - 31 Dec 202231 Jan 2023629%67%24%86%
01 Jun 2022 - 30 Jun 202227 Jul 20225510%66%24%85%
01 Jul 2021 - 31 Dec 202131 Jan 20225511%67%23%84%
01 Jan 2021 - 30 Jun 202130 Jul 2021586%69%25%88%
01 Jul 2020 - 31 Dec 202028 Jan 2021596%70%24%92%
01 Jan 2020 - 30 Jun 202022 Jul 2020576%66%28%89%
01 Jul 2019 - 31 Dec 201930 Jan 2020566%65%29%86%
01 Jan 2019 - 30 Jun 201930 Jul 2019576%62%32%92%
01 Jul 2018 - 31 Dec 201825 Jan 2019556%75%19%91%
01 Jan 2018 - 30 Jun 201826 Jul 2018555%74%21%95%

Company Summary

Exclusive Networks Limited is a leading global distributor of cybersecurity and cloud solutions, committed to providing innovative products and services to their clients

Founded in 2003, the company has grown to have a presence in over 50 countries and has a strong focus on sustainability

The company offers a wide range of products and services, including network security, data management, cloud solutions, and professional services

They partner with some of the world's leading technology providers, such as Microsoft, Palo Alto Networks, and Fortinet, to provide their clients with the latest and most advanced solutions

Exclusive Networks Limited is dedicated to promoting sustainability in all aspects of their business

They have implemented various initiatives to reduce their environmental impact, including using renewable energy, reducing waste, and promoting sustainable transportation

They also work closely with their suppliers to ensure they adhere to sustainable practices

The key people at Exclusive Networks Limited include CEO Olivier Breittmayer, COO Barrie Desmond, and CFO David Ellis

Their team is highly experienced and knowledgeable in the field of cybersecurity and cloud solutions, providing their clients with expert advice and support

For more information on Exclusive Networks Limited and their products and services, you can visit their website at www.exclusive-networks.com

Their registered office address is 2nd Floor, Block C, The Sweepstakes, Ballsbridge, Dublin 4, Ireland

With their dedication to sustainability and commitment to providing innovative solutions, Exclusive Networks Limited continues to be a trusted partner for businesses around the world

Company Review

Trend Analysis

The average time for EXCLUSIVE NETWORKS LIMITED to pay invoices has remained relatively stable over the past three periods, fluctuating between 55 and 59 days. The percentage of invoices paid within 30 days has also remained consistent, ranging from 5% to 11%. However, there has been a noticeable increase in the percentage of invoices paid later than 60 days, with a high of 32% in the period of 2019-01-01 to 2019-06-30.

Volatility Analysis

The volatility in payment times for EXCLUSIVE NETWORKS LIMITED can be seen in the fluctuation of the percentage of invoices paid within 30 days and those paid later than 60 days. While the average time to pay has remained relatively stable, there have been significant changes in the percentage of invoices paid within 30 days and those paid later than 60 days.

Summary Analysis

In the past three periods, EXCLUSIVE NETWORKS LIMITED has had an average time to pay of 55-59 days, with a consistent percentage of invoices paid within 30 days (5-11%). There has been a noticeable increase in the percentage of invoices paid later than 60 days, with a high of 32% in the period of 2019-01-01 to 2019-06-30.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Although terms vary between suppliers, in general our contracts with main suppliers are based upon 45 day terms.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Where we have a dispute, this is communicated to the supplier and resolved prior to payment being made.

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