BABCOCK COMMUNICATIONS LIMITED
Company Information
- Company Number
- 03196204
- Registered Address
- 33 Wigmore Street, London, W1U 1QX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 May 1996
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
BABCOCK COMMUNICATIONS LIMITED exhibits a generally prompt payment trend, consistently settling invoices with an average payment time of 21 days. This indicates a strong trajectory towards timely payments, as 77% of invoices are paid within a standard 30-day term.
Volatility Analysis
Despite a high percentage of prompt payments, the 21% of invoices paid between 31-60 days and 2% over 60 days indicate some payment volatility. The overall 13% late payment rate suggests occasional, albeit minor, unpredictability, which suppliers should factor into cash flow planning.
Summary Analysis
Overall, BABCOCK COMMUNICATIONS LIMITED presents a largely favorable payment risk profile, with most invoices settled promptly. Suppliers should, however, account for the 13% late payment rate and potential for minor delays by establishing clear payment terms and actively monitoring their receivables.
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 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 19 | 81% | 18% | 2% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 21 | 77% | 21% | 2% | 13% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 25 | 73% | 20% | 6% | 22% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 34 | 66% | 22% | 11% | 31% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 25 | 76% | 19% | 5% | 21% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 30 | 72% | 21% | 7% | 28% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 42 | 58% | 28% | 14% | 40% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 42 | 60% | 24% | 15% | 42% |
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
Standard T&Cs are 60 days for new suppliers, and 30 days (from 1st July for suppliers < 50 employees). We currently have a range of T&Cs in place with existing suppliers including terms at 7 days, 30 days, 45 days and 60 days.
Were there any changes to the standard payment terms in the reporting period?
From 1st July suppliers with <50 employees now have 30 day payment terms in line with PPC commitments. Please note in period deviations can still take place on an individual basis and by agreement.
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Relationships with our suppliers are important to us. We rely on our suppliers to deliver high quality goods and services in order to meet the needs of our own customers. Suppliers should be notified in the event of any disputes, and our purchase contracts specify dispute escalation processes. We commit to treating suppliers fairly, and intend to resolve any identified disputes as quickly as possible. Point of Contact details are provided on purchase orders. This process is reviewed annually.
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
BABCOCK COMMUNICATIONS LIMITED is an active private limited company operating within the communications sector. Its name indicates its focus on providing communication-related services or products.
The company was incorporated on 9 May 1996, registered under company number 03196204. Its registered office is situated at 33 Wigmore Street, London, W1U 1QX.
As a company within the UK communications sector, it would typically specialise in areas such as telecommunications, network infrastructure, data solutions, IT support, or media communication services. These services are generally provided to businesses or organisations requiring robust communication systems.
