DAISY COMMUNICATIONS LTD.
Company Information
- Company Number
- 04145329
- Registered Address
- 500 Brook Drive, Reading, United Kingdom, United Kingdom, RG2 6UU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 January 2001
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
DAISY COMMUNICATIONS LTD. demonstrates a consistent payment trend, with an average payment time of 41 days. A significant majority of payments (68%) are made within the 31-60 day window, indicating a predictable payment speed just beyond standard 30-day terms. While 26% of payments are completed within 30 days, the dominant trajectory points towards a slightly extended but generally stable payment cycle.
Volatility Analysis
While most payments are somewhat predictable within the 31-60 day range, the company exhibits a moderate level of payment volatility and risk. A 15% late payment rate and 6% of payments extending beyond 60 days introduce potential cash flow uncertainty for suppliers. This indicates that while the majority of invoices are handled within a defined period, there is a non-negligible risk of significant payment delays.
Summary Analysis
DAISY COMMUNICATIONS LTD. represents a moderate credit risk, characterized by an average 41-day payment cycle but with a 15% late payment incidence. Suppliers should anticipate payments typically falling in the 31-60 day bracket and factor in potential for slight delays and extended payment terms when setting credit limits. To mitigate risk, consider establishing clear payment schedules with potential late penalties or requesting partial upfront payments for larger orders.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 41 | 26% | 68% | 6% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 41 | 22% | 73% | 5% | 18% |
| 01 Mar 2024 - 30 Sept 2024 | 11 Nov 2024 | 42 | 31% | 53% | 16% | 62% |
| 01 Oct 2023 - 31 Mar 2024 | 01 May 2024 | 44 | 29% | 54% | 17% | 64% |
| 01 Apr 2023 - 30 Sept 2023 | 03 Nov 2023 | 47 | 26% | 54% | 20% | 64% |
| 01 Oct 2022 - 31 Mar 2023 | 19 May 2023 | 30 | 56% | 34% | 10% | 33% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 38 | 42% | 43% | 14% | 38% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 45 | 41% | 43% | 16% | 43% |
| 01 Apr 2021 - 30 Sept 2021 | 10 Nov 2021 | 54 | 27% | 56% | 17% | 46% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 67 | 33% | 43% | 24% | 49% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Oct 2020 | 63 | 24% | 48% | 28% | 69% |
| 01 Oct 2019 - 31 Mar 2020 | 12 May 2020 | 55 | 37% | 41% | 22% | 70% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 47 | 35% | 43% | 22% | 68% |
| 01 Oct 2018 - 31 Mar 2019 | 02 May 2019 | 64 | 49% | 33% | 18% | 75% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 36 | 47% | 38% | 15% | 77% |
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 Company’s standard contractual payment terms for all qualifying contracts are 60 days after end of month in which invoice dated, however, specific terms can be negotiated and agreed with a supplier. The agreed payment terms are reflected in our contractual documentation and accounting system. There were no changes to standard payment terms in the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Invoices not paid to agreed terms £8,587,154 and percentage 9% taking account of payments paid on the next payment run following due date, which is a maximum of 15 days on a bi-monthly payment cycle. Although the standard payment terms are 60 days end of month, the proportion of terms based on invoice date was significant in the period, meaning it is impractical to strictly meet payment terms given the frequency of payments this would require. There are number of other reasons why remaining payments could be delayed including for example suppliers sending invoices late, internal approvals, suppliers quoting invalid purchase order numbers, and disputes.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Supplier invoices are processed and passed to business approvers who can approve or reject an invoice. In the event of a dispute, it is logged with the supplier via email or on their portal wherever applicable. The supplier and the relevant Daisy authorised person work towards dispute resolution. If the dispute is ruled in favour of Daisy, a credit note may be issued by the supplier. In case the dispute remains unresolved within a reasonable period, the supplier can contact the relevant Daisy business contact or a member of the Group Procurement team.
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
DAISY COMMUNICATIONS LTD
is an active private limited company operating within the communications sector
Its name indicates a specialisation in providing communication-related products or services
The company was incorporated on 22 January 2001 and operates under company number 04145329
Its registered office is located at 500 Brook Drive, Reading, United Kingdom, RG2 6UU, placing its primary operations within the South East region of the UK
As a private limited company active in the communications sector, DAISY COMMUNICATIONS LTD
typically offers a range of services within the UK market
These commonly include business telecommunications solutions, internet and data connectivity, unified communications platforms, and IT services focused on connectivity and collaboration
