GIFFGAFF LIMITED

PaymentCheck Score 2025
48Poor
5.8vs last year
#3747 in UK
#623 in South East

Company Information

Company Number
04196996
Registered Address
500 Brook Drive, Reading, United Kingdom, RG2 6UU
Status
Active
Employee Count
264
Turnover
£606,000,000
EBITDA
£40,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 April 2001
Nature of Business
61900 - Other telecommunications activities
Industries
Telecommunications
Region
South East

Time to Pay

Average Time to Pay
52 days
Shortest Period:30 days
Longest Period:180 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
35%
31-60 Days
19%
After 60 Days
46%
Not Paid Within Terms2%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20255426%14%60%3%
01 Jul 2024 - 31 Dec 202430 Jan 20255133%26%41%4%
01 Jan 2024 - 30 Jun 202426 Jul 20245235%19%46%2%
01 Jul 2023 - 31 Dec 202330 Jan 20245235%20%45%3%
01 Jul 2021 - 31 Dec 202128 Jan 20225635%35%30%5%
01 Jan 2021 - 30 Jun 202102 Aug 20215038%38%24%7%
01 Jul 2020 - 31 Dec 202029 Jan 20214738%38%24%9%
01 Jan 2020 - 30 Jun 202030 Jul 20205736%37%27%6%
01 Jan 2019 - 30 Jun 201926 Jul 20194742%32%26%23%
01 Jan 2018 - 30 Jun 201827 Jul 20183646%45%9%19%

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

giffgaff adhere to the standard payment terms set by our parent company, Telefonica UK Ltd. These range from 30 days to 180 days and are determined by category of spend. For example, 180 day payment terms are standard for capital expenditure associated with maintenance or development of mobile network infrastructure; 30 day payment terms are standard for media advertising spend. In addition, where a supplier is deemed to be a Small or Medium sized Entity (SME), 30 day payment terms are available upon request. A supplier can apply to be considered an SME by giffgaff if it meets 2 of 3 criteria, those being; <£36m turnover, <£18m balance sheet, <250 employees.

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

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

180

Dispute Resolution Process

In the event of an invoice dispute or query, suppliers are advised to contact the dedicated accounts payable team (ap.queries@o2.com) who will aim to resolve all disputes in a fair and timely manner.

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

GIFFGAFF LIMITED is a mobile network operator based in the United Kingdom that offers mobile phone and internet services. The company was founded in 2009 and is headquartered in Uxbridge, London.

As part of their sustainability program, GIFFGAFF LIMITED has taken steps to reduce their carbon footprint by using renewable energy sources, implementing energy-efficient practices, and promoting recycling among their employees and customers. They have also partnered with charities and organizations to support environmental and social initiatives.

GIFFGAFF LIMITED offers a range of products and services, including pay-as-you-go and monthly phone plans, SIM cards, and mobile phones. They also have a "goodybag" option where customers can purchase a package of minutes, texts, and data at a discounted price.

The key people at GIFFGAFF LIMITED include CEO Ashley Schofield, who has been with the company since its early days, and Chief Marketing Officer Tom Rainsford, who joined in 2017.

The company's website address is www.giffgaff.com and their registered office address is Giffgaff Limited, 260 Bath Road, Slough, Berkshire, SL1 4DX, United Kingdom. GIFFGAFF LIMITED also has an active presence on social media platforms such as Twitter and Facebook, where customers can contact them for any inquiries or support.

Financial Metrics

Cash
£817,000
Net Worth
£208,150,000
Total Current Assets
£586,090,000
Total Current Liabilities
£385,493,000

Company Location