PLUSNET PLC

PaymentCheck Score 2025
70Fair
4.4vs last year
#2455 in UK
#81 in Software
#95 in Yorkshire and The Humber

Company Information

Company Number
03279013
Registered Address
Endeavour Sheffield Digital Campus, 1a Concourse Way, Sheffield, United Kingdom, S1 2BJ
Status
Active
Employee Count
944
Turnover
£342,496,000
EBITDA
£77,084,000

Additional Details

Company Type
Public limited Company
Incorporated On
15 November 1996
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
56%
31-60 Days
41%
After 60 Days
3%
Not Paid Within Terms3%

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: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202528 Oct 20253452%41%7%13%
01 Oct 2023 - 31 Mar 202429 Apr 20243943%50%7%7%
01 Apr 2023 - 30 Sept 202331 Oct 20234049%36%15%22%
01 Apr 2022 - 30 Sept 202228 Oct 20224319%65%16%16%
01 Apr 2021 - 30 Sept 202128 Oct 20214914%56%30%32%
01 Oct 2020 - 31 Mar 202129 Apr 20214810%65%25%14%
01 Apr 2019 - 30 Sept 201928 Oct 2019526%64%30%13%
01 Apr 2018 - 30 Sept 201830 Oct 2018518%59%33%17%

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

PlusNet standard payment terms for contracted suppliers are 30 days for smaller suppliers and 60 days for larger suppliers. Some suppliers have mutually agreed non-standard longer terms and others have agreed shorter non-standard terms (e.g. Government contracts on 30 days).

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

The shortest standard payment has been reduced to 30 days.

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

BT Group have a standard dispute resolution process across all suppliers payments. First point of contact is Accounts Payable, through contact points on website see link.https://groupextranet.bt.com/selling2bt/accounts_payable.html

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

PLUSNET PLC is a British telecommunications company that provides internet, phone and television services to both residential and business customers. The company was founded in 1997 and is based in Sheffield, England.

One of the main activities of PLUSNET PLC is to offer reliable and high-speed internet services to its customers. They provide a variety of broadband packages, including fiber optic options, to cater to the diverse needs of their customers.

In addition to internet services, PLUSNET PLC also offers home phone and television services. Customers can choose from a range of packages that include unlimited calls to landlines and mobiles, as well as access to a variety of TV channels.

Sustainability is a key focus for PLUSNET PLC, and the company has implemented several initiatives to reduce its environmental impact. They use renewable energy sources in their operations, and also encourage their customers to switch to paperless billing. PLUSNET PLC is committed to reducing its carbon footprint and has set targets to achieve this.

The key people at PLUSNET PLC include the CEO, Andy Baker, and the CFO, Andy Baker. They lead a team of dedicated employees who work towards providing excellent customer service and maintaining the company's sustainability goals.

Customers can contact PLUSNET PLC through their website, which also provides information about their products and services. The registered office address for PLUSNET PLC is The Balance, 2 Pinfold Street, Sheffield, S1 2GU, United Kingdom.

In summary, PLUSNET PLC is a leading telecommunications company in the UK, offering a range of internet, phone, and TV services. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact. With a dedicated team and a focus on customer service, PLUSNET PLC continues to be a trusted choice for reliable and high-quality telecommunications services.

Financial Metrics

Cash
£0
Net Worth
£126,664,000
Total Current Assets
£162,467,000
Total Current Liabilities
£39,414,000

Company Location