ONECOM LIMITED
Company Information
- Company Number
- 04031272
- Registered Address
- Onecom House 4400 Parkway, Whiteley, Fareham, Hampshire, PO15 7FJ
- Status
- Active
- Employee Count
- 470.0
- Turnover
- 141536000.0
- EBITDA
- 23773000.0
Additional Details
- Website
- https://onsiteconnect.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 11 July 2000
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- 0
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 49 | 53% | 36% | 11% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 33 | 56% | 36% | 8% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 40 | 60% | 33% | 7% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 12 Aug 2022 | 44 | 60% | 33% | 7% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 39 | 64% | 32% | 4% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 49 | 27% | 70% | 3% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Feb 2021 | 47 | 27% | 69% | 4% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 39 | 43% | 51% | 6% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 26 | 65% | 32% | 3% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 39 | 50% | 36% | 14% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 32 | 62% | 28% | 10% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 | 34 | 41% | 53% | 6% | 30% |
Company Summary
ONECOM LIMITED is a telecommunications company based in the UK
The company offers a wide range of products and services, including mobile and fixed-line communications, broadband, and IT support for businesses of all sizes
As part of their sustainability program, ONECOM LIMITED has implemented various initiatives to reduce their environmental impact
This includes using renewable energy sources, reducing paper usage, and promoting recycling within their offices
ONECOM LIMITED is also committed to providing sustainable products and services to their customers
They offer eco-friendly mobile phones, energy-efficient routers, and paperless billing options
They also encourage their customers to recycle their old devices through their partnership with a mobile phone recycling company
The key people at ONECOM LIMITED include CEO Darren Ridge, who has over 25 years of experience in the telecommunications industry, and CFO Andrew Parker, who oversees the financial operations of the company
Customers can contact ONECOM LIMITED through their website, which also provides information on their various products and services
The company's registered office address is Unit 4, Lakeside Business Park, South Cerney, Gloucestershire, GL7 5XL
In summary, ONECOM LIMITED is a sustainable telecommunications company that offers a wide range of products and services
They are committed to reducing their environmental impact and providing sustainable options for their customers
Their key people bring years of experience to the company, and customers can easily contact them through their website or registered office address
Company Review
Trend Analysis
The average time taken for ONECOM LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with a slight downward trend since 2019. The percentage of invoices paid within 30 days has also fluctuated, with a slight upward trend since 2019. However, the percentage of invoices paid later than 60 days has remained relatively consistent, with a slight decrease in 2020 and 2021.
Volatility Analysis
ONECOM LIMITED has shown volatility in their payment terms, with significant changes in the percentage of invoices paid within 30 days and between 31 and 60 days. The average time taken to pay invoices has also varied, but not as drastically. The company has shown consistency in their standard payment period, with no changes over the past three periods.
Summary Analysis
Between 2018 and 2021, ONECOM LIMITED has seen improvements in their payment terms, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, in 2022, there was a slight increase in the average time taken to pay invoices and a decrease in the percentage of invoices paid within 30 days. The company has consistently maintained their standard payment period of 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Few suppliers are on 7, 14 days , our stock suppliers are on 60 or 120 days all the other suppliers are on 30 day term
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
120
Dispute Resolution Process
Suppliers contact us via phone, email or letter and we investigate until both parties are agreed on the outcome
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
