AIRWAVE SOLUTIONS LIMITED
Company Information
- Company Number
- 03985643
- Registered Address
- Nova South, 160 Victoria Street, London, United Kingdom, SW1E 5LB
- Status
- Active
- Employee Count
- 469
- Turnover
- £318,695,000
- EBITDA
- £80,418,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 28 April 2000
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Hardware, Information Technology, Telecommunications And Data, Professional Services, Telecommunications
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 16 | 94% | 5% | 1% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 11 | 92% | 8% | 0% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 07 Feb 2024 | 13 | 92% | 6% | 2% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 13 | 93% | 6% | 1% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 17 | 92% | 6% | 2% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 17 | 90% | 8% | 2% | 28% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 12 | 91% | 8% | 1% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 10 | 94% | 6% | 0% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 11 | 90% | 9% | 1% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 17 | 89% | 9% | 2% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 16 | 89% | 9% | 1% | 58% |
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
Standard payment terms are net 40 days after the date of receipt of an accurate invoice. Charges shall be as set out in the Purchase Order and shall remain fixed until completion of an agreement. Charges in connection with property leases shall be in accordance with the underlying lease or contract. The supplier shall, following acceptance of any deliverables, be entitled to submit an invoice for the appropriate charge containing the particulars required by statute.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Standard payment terms are net 40 days. In addition to this we have offered enhanced 30 day terms to certain suppliers. Payments under lease contracts are targetted on 7 day terms following the receipt of an invoice that agrees to the underlying lease contract and payments under 'self-bill' arrangements are deemed to be due when paid. The figures above are measured against these enhanced terms on a supplier by supplier basis, not against our standard 40 day terms.
Maximum contractual payment period agreed
40
Dispute Resolution Process
We first seek to resolve disputes via phone or email via our finance team and the appropriate business purchaser or lease manager. It is the intention of Airwave to settle amicably all disputes, disagreements or differences of opinion that arise by conference and negotiation in good faith. Our standard terms lay out an escalation process to ensure this can be achieved. If resolution cannot be achieved, then each of Airwave and the supplier are free to pursue their legal rights and remedies subject to the exclusive jurisdiction of the laws and courts of England.
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
AIRWAVE SOLUTIONS LIMITED is a telecommunications company based in the United Kingdom. They provide a range of products and services in the field of wireless communication and are committed to sustainability in their operations.
The company offers a variety of services such as radio network design, installation, and maintenance, as well as radio system integration and management. They also provide mobile data and voice solutions, video surveillance, and public safety solutions for emergency services.
In terms of sustainability, AIRWAVE SOLUTIONS LIMITED has a comprehensive program in place to reduce their environmental impact. They aim to minimize their carbon footprint by using energy-efficient technologies and reducing waste in their operations. They also promote recycling and responsible energy consumption among their employees.
The key people at AIRWAVE SOLUTIONS LIMITED include their CEO, John Lewis, and their Managing Director, Simon Frumkin. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.
For more information on their products and services, customers can visit their website at www.airwavesolutions.co.uk. The registered office address for AIRWAVE SOLUTIONS LIMITED is 6 Hatters Lane, Croxley Green Business Park, Watford, Hertfordshire, WD18 8YF, United Kingdom.
In conclusion, AIRWAVE SOLUTIONS LIMITED is a leading telecommunications company in the UK, offering a range of services and products in the field of wireless communication. Their commitment to sustainability and experienced team make them a reliable and responsible choice for businesses and organizations.
