TELECOM PLUS PLC

Company Information

Company Number
03263464
Registered Address
Network Hq 508 Edgware Road, The Hyde, London, England, NW9 5AB
Status
Active
Employee Count
2,291
Turnover
£1,838,156,000
EBITDA
£138,815,000

Additional Details

Company Type
Public limited Company
Incorporated On
9 October 1996
Nature of Business
61900 - Other telecommunications activities
Industries
Information Technology, Telecommunications And Data, Professional Services, Telecommunications
Region
London

Time to Pay

Average Time to Pay
13 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
1%
After 60 Days
3%
Not Paid Within Terms4%

Payment Features

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

Invoice Payment Practices

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

Payment Terms

Standard payment terms

Most frequently used payment terms for qualifying contracts = 30 Days

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

No information available

Any other information about payment terms

Not applicable

Maximum contractual payment period agreed

30

Dispute Resolution Process

Disputes are generally resolved on a case by case basis depending on the business terms agreed within a contract. The Company's Purchase Ledger department should be the first point of contact if a supplier has a dispute relating to payment. Complaints or concerns will be passed to and dealt with by the relevant department head, with the involvement of the Group Financial Controller or Legal Department where necessary.

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

TELECOM PLUS PLC is a UK-based multi-utility company that provides a range of products and services to both residential and business customers. The company's main focus is on sustainability, with a commitment to reducing carbon emissions and promoting renewable energy.

The company offers a variety of products and services, including gas and electricity, mobile and broadband services, and insurance. They also offer a loyalty program called the Utility Warehouse Discount Club, where members can earn discounts on their utility bills by shopping at partner retailers.

The key people at TELECOM PLUS PLC include CEO Andrew Lindsay and Chairman Charles Wigoder, who have both been with the company since its inception in 1998. The company has a strong leadership team with a wealth of experience in the energy and telecommunications industries.

TELECOM PLUS PLC is committed to sustainability and has implemented several initiatives to reduce their environmental impact. This includes promoting energy efficiency and investing in renewable energy sources such as solar and wind power. They also have a recycling program in place to reduce waste and promote responsible consumption.

The company's registered office address is at Network HQ, 508 Edgware Road, The Hyde, London, NW9 5AB. Their website is www.utilitywarehouse.co.uk, where customers can find information about their products and services, as well as contact details for customer support. Overall, TELECOM PLUS PLC is a reputable and sustainable company that provides essential products and services to customers in the UK.

Financial Metrics

Cash
£193,804,000
Net Worth
£84,475,000
Total Current Assets
£566,890,000
Total Current Liabilities
£472,750,000

Company Location