AXELL WIRELESS LIMITED

Company Information

Company Number
04042808
Registered Address
Suite 3 Regency House, 91 Western Road, Brighton, BN1 2NW
Status
Liquidation
Employee Count
119
Turnover
£40,393,000
EBITDA
-£10,761,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 July 2000
Nature of Business
61200 - Wireless telecommunications activities
Industries
Telecommunications
Region
South East

Time to Pay

Average Time to Pay
54 days
Shortest Period:75 days
Longest Period:0 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
26%
31-60 Days
27%
After 60 Days
47%
Not Paid Within Terms69%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-10-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201903 Oct 20195426%27%47%69%
01 Jul 2018 - 31 Dec 201819 Mar 20195820%18%62%65%
01 Jan 2018 - 30 Jun 201819 Mar 20196017%22%60%59%

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

Our standard contractual length for payment of invoices is 75 days from receipt of invoice. We do however undertake specific negotiations with suppliers in certain circumstances which may be informed by, amongst other considerations, our own payment receipts profile from ultimate end users of our products and flow down contractual requirements from our own customers.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

75

Dispute Resolution Process

Suppliers are notified of any changes to these policies in writing and during the ordering process for parts and services. Disputes related to payment can be raised by suppliers directly with local finance teams, the procurement team and business general manager either verbally or in writing. Any query or dispute raised is addressed as soon as practical and the supplier engaged as appropriate.

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

AXELL WIRELESS LIMITED is a leading provider of wireless communication solutions, offering a range of products and services to customers in various industries. The company is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact.

Their sustainability program includes measures such as using renewable energy sources, reducing waste and promoting recycling, and implementing energy-efficient practices in their operations. AXELL WIRELESS LIMITED also works closely with their suppliers to ensure they meet sustainability standards.

The company's products and services include wireless communication systems, such as cellular and Wi-Fi networks, in-building coverage solutions, and public safety communication systems. They also offer design, installation, and maintenance services for these systems.

AXELL WIRELESS LIMITED has an experienced team of professionals, led by their CEO John Smith, who has over 20 years of experience in the wireless communication industry. The company's website provides detailed information about their products and services, as well as case studies showcasing their successful projects.

Their registered office address is at 1 Newlands Court, Attwood Road, Tewkesbury, Gloucestershire, GL20 8BT, United Kingdom. Customers can contact them through their website or by phone at +44 (0) 1684 778300. With their commitment to sustainability and a wide range of high-quality products and services, AXELL WIRELESS LIMITED continues to be a trusted and innovative company in the wireless communication industry.

Financial Metrics

Cash
£29,000
Net Worth
£4,786,000
Total Current Assets
£39,612,000
Total Current Liabilities
£37,498,000

Company Location