Registration Number
03885486
Registered Address
450 Longwater Avenue Green Park Reading Berkshire England RG2 6GF
Company Status
Active
Employee Count
4595
Turnover
£2,380,253,000
EBITDA
£653,548,000
Website
jobs.three.co.uk/Company Type
Private limited Company
Incorporated on
29 November 1999
Nature of Business (SIC)
61200 - Wireless telecommunications activities
Industries
0
Region
South East£20,759,000
£2,161,379,000
Filed
31 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Average Time to Pay
25 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
60 days
Not Paid Within Terms
26%
| 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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 25 | 73% | 23% | 4% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 29 | 66% | 29% | 5% | 35% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 31 | 75% | 19% | 6% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 33 | 76% | 20% | 4% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 33 | 72% | 24% | 4% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 33 | 70% | 26% | 4% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 30 | 87% | 11% | 2% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 30 | 78% | 20% | 2% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 31 | 86% | 10% | 4% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 82% | 7% | 11% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 68 | 37% | 5% | 58% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 77 | 28% | 5% | 67% | 29% |
Hutchison 3G UK Limited, also known as Three UK, is a telecommunications company operating in the United Kingdom
The company was founded in 2003 and is headquartered in Maidenhead, England
The primary business of Hutchison 3G UK Limited is providing mobile and broadband services to its customers
Their services include mobile phone plans, mobile broadband, and home broadband
Three UK is also known for its affordable roaming plans, allowing customers to use their phones abroad without incurring high charges
In terms of sustainability, Hutchison 3G UK Limited has implemented various initiatives to reduce its environmental impact
These include using renewable energy sources for their operations and promoting the recycling and reuse of their products
The company also encourages its customers to recycle their old devices through their "Reconnected" program
Some key people associated with Hutchison 3G UK Limited include CEO Dave Dyson and Chief Commercial Officer Richard Woodward
Customers can contact Three UK through their website, www.three.co.uk, or by calling their customer service hotline at 333 from a Three phone or 0333 338 1001 from any other phone
The registered office address for Hutchison 3G UK Limited is Star House, 20 Grenfell Road, Maidenhead, SL6 1EH
The average time taken for HUTCHISON 3G UK LIMITED to pay invoices has been consistently decreasing over the past five years, going from 77 days in 2018 to 25 days in 2023.
The volatility in the percentage of invoices paid within 30 days has been relatively stable, ranging from 66% in 2023 to 86% in 2019. However, there has been a slight increase in volatility in the percentage of invoices paid between 31 and 60 days, with the highest being 29% in 2023 and the lowest being 5% in 2018.
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Hutchison 3G UK Limited’s (Three UK) standard payment terms offered to suppliers during the Reporting Period fall into two principle categories: a) Purchase Order terms and conditions: Three UK’s purchase order terms and conditions provide that the charges shall be due at the end of the month following the month in which the relevant Products are Accepted or the Services are performed in accordance with the specification and any conditions of purchase set out in the relevant Purchase Order and subject to receipt by Three UK of a correctly presented invoice; or b) Long form contractual agreement for the supply of goods and/or services: payment terms are considered on a case by case basis. Subject to the commercial requirements of the particular contract and negotiation with the relevant supplier, Three UK’s standard contracting terms and payment practices provide that Three UK shall pay for the relevant goods or services within 30 days from receipt of a correctly presented invoice. Three UK reserves its position to require a greater number of payment days if necessary to fulfil Three’s commercial requirements for a particular arrangement.
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
60
In case of a dispute suppliers should initially contact our representative who originally requested the goods or services be provided. In addition, Three UK’s Accounts Payable team can be contacted who will aid investigation of the issue and support resolution (email DLScanning@three.co.uk). Any ongoing disputes shall be conducted and resolved in accordance with the relevant contract.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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