ZAYO GROUP UK LIMITED
Company Information
- Company Number
- 03726666
- Registered Address
- 4th Floor - The Relay Building, 114 Whitechapel High Street, London, England, England, E1 7PT
- Status
- Active
- Employee Count
- 183
- Turnover
- £115,586,000
- EBITDA
- £38,469,000
Additional Details
- Website
- https://www.geo-uk.net/
- Company Type
- Private limited Company
- Incorporated On
- 4 March 1999
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for ZAYO GROUP UK LIMITED shows a fluctuation in the average time taken to pay invoices to suppliers over the past three periods. From 2021-01-01 to 2022-12-31, there was a steady decrease in the average time to pay, with a low of 27 days in the last period. However, in 2023-01-01, there was a significant increase to 53 days, showing a potential issue with timely payments. This was followed by a slight decrease to 33 days in the last period.
Volatility Analysis
The data also shows a fluctuation in the percentage of invoices paid within 30 days, with a high of 83% in 2022-01-01 and a low of 41% in 2023-01-01. Similarly, there is a fluctuation in the percentage of invoices paid between 31 and 60 days, with a high of 41% in 2023-01-01 and a low of 11% in 2022-01-01. The percentage of invoices paid later than 60 days also shows volatility, with a high of 18% in 2023-01-01 and a low of 5% in 2021-01-01.
Summary Analysis
The data for ZAYO GROUP UK LIMITED shows a decrease in the average time taken to pay invoices to suppliers over the past three periods, with a low of 27 days in 2022-12-31. However, there was a significant increase in the last period to 53 days, potentially indicating issues with timely payments. The percentage of invoices paid within 30 days and between 31 and 60 days also showed fluctuations, with a high of 83% and 41% respectively in 2022-01-01 and a low of 41% and 11% respectively in 2023-01-01. The percentage of invoices paid later than 60 days also showed volatility, with a high of 18% in 2023-01-01 and a low of 5% in 2021-01-01.
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 Jan 2025 - 30 Jun 2025 | 08 Jul 2025 | 45 | 57% | 21% | 22% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 33 | 50% | 27% | 23% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 34 | 56% | 25% | 19% | 30% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 33 | 48% | 34% | 18% | 30% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 53 | 41% | 41% | 18% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 27 | 77% | 18% | 5% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 31 Jul 2022 | 28 | 83% | 11% | 6% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 31 | 74% | 20% | 6% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 29 | 79% | 16% | 5% | 3% |
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
The standard payment term for Zayo Group UK Ltd is 30 days from the date of receiving a correct invoice. However, there are vendors whose payments terms vary between immediate payments on receiving the invoices and 30 and 90 days. The average payment days during the reporting period was 33.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
We aim to resolve invoice disputes or queries in a timely manner in order to ensure payments to vendors are made at the earlier opportunity. Depending on the type of disputes, the vendor will be contacted by someone from the respective team i.e. Procurement, Supplier Maintenance in order to resolve any queries/disputes.
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
ZAYO GROUP UK LIMITED is a leading provider of digital infrastructure services, offering a wide range of solutions to businesses across the country. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their products and services include high-speed internet connectivity, data center solutions, cloud services, and voice services. ZAYO GROUP UK LIMITED also offers customized solutions to meet the specific needs of their clients.
The key people in the company include the CEO, CFO, and other executives who bring a wealth of experience and expertise to the table. They are dedicated to driving innovation and ensuring that the company remains at the forefront of the industry.
ZAYO GROUP UK LIMITED can be contacted through their website, which provides detailed information about their products and services, as well as their sustainability program. Their registered office address is in London, making it easily accessible for clients and partners.
In summary, ZAYO GROUP UK LIMITED is a reputable company that provides sustainable digital infrastructure services to businesses in the UK. With a strong focus on innovation and a commitment to sustainability, the company continues to grow and expand its reach in the market.