The data for SKY OPERATIONAL FINANCE LIMITED shows a consistent trend of improving payment times. In the first period (Jan 2022-Jun 2022), the company had an average time to pay of 50 days, with 60% of invoices paid within 30 days and 30% paid between 31-60 days. However, by the third period (Jan 2023-Jun 2023), the company's average time to pay had decreased to 35 days, with 80% of invoices paid within 30 days and only 10% paid between 31-60 days.
The data for SKY OPERATIONAL FINANCE LIMITED shows a high level of volatility in terms of the percentage of invoices paid within 30 days. In the first period, the company had 60% of invoices paid within 30 days, but this increased to 80% in the third period. However, the percentage of invoices paid between 31-60 days decreased from 30% to 10% in the same period, indicating a larger proportion of invoices being paid within 30 days.
| 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 2023 - 30 Jun 2023 | 28 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 |
Sky Operational Finance Limited is a UK-registered company with the registered activity of financial intermediation not elsewhere classified. Companies House records show it as an active entity based at Sky's Isleworth offices, incorporated in 1994. Available evidence describes the wider Sky Group as an entertainment and connectivity business serving customers in the UK, Ireland and Italy through television, broadband and mobile services, and states that Sky is owned by Comcast Corporation. No evidence describes trading activity for this specific entity beyond its financial intermediation classification, indicating it functions as an internal finance vehicle within the Sky Group rather than as an operating business in its own right.
Generated from the company's website and Companies House records. Sources: skygroup.sky