Based on the data provided, there has been a consistent decrease in the average time taken for KCOM HOLDINGS LIMITED to pay invoices to suppliers over the past three periods. This suggests that the company is becoming more efficient in its payment processes and is paying suppliers at a faster rate.
There is a slight fluctuation in the percentage of invoices paid within 30 days, with a decrease in the second period (2018-10-01 to 2019-03-31) followed by an increase in the third period (2019-04-01 to 2019-09-30). However, overall, there has been a consistent increase in the percentage of invoices paid within 30 days over the past three periods.
KCOM HOLDINGS LIMITED has consistently improved its payment processes over the past three periods, with a decrease in the average time taken to pay invoices to suppliers. The company has also shown an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 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 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 23 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 18 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 |
KCOM Holdings Limited is a holding entity within the KCOM group, a communications business based in Hull. The wider group provides full fibre broadband and related services to residential and business customers across Hull, East Yorkshire and North Lincolnshire, alongside wholesale voice, data and network services to other communications providers. Its origins trace back to 1904 when Hull's local authority set up its own telephone network. The group was owned by Hull City Council until its 1999 stock market flotation, and was acquired by an infrastructure investor in August 2019. This registered entity itself functions as part of that corporate structure rather than as the operating telecoms business.
Generated from the company's website and Companies House records. Sources: kcom.com · kcom.com