TESCO MOBILE LIMITED
Company Information
- Company Number
- 04780736
- Registered Address
- Shire Park, Welwyn Garden City, United Kingdom, AL7 1GA
- Status
- Active
- Employee Count
- 241.0
- Turnover
- 969503000.0
- EBITDA
- 19407000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 May 2003
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- 0
- Region
- East of England
Company Location
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 | 30 Jan 2024 | 40 | 20% | 73% | 7% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 39 | 22% | 71% | 7% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 40 | 19% | 73% | 8% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 44 | 24% | 67% | 9% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 42 | 19% | 72% | 9% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 40 | 17% | 77% | 6% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 44 | 25% | 70% | 5% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 41 | 17% | 73% | 8% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 40 | 18% | 76% | 5% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 41 | 15% | 79% | 6% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 39 | 17% | 78% | 5% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 07 Aug 2018 | 38 | 21% | 73% | 6% | 19% |
Company Summary
TESCO MOBILE LIMITED is a UK-based telecommunications company that offers mobile phone and internet services
It is a joint venture between Tesco, a leading British retailer, and O2, a major telecommunications provider
The company's sustainability program focuses on reducing their carbon footprint and promoting ethical and responsible business practices
They have implemented initiatives such as using renewable energy sources, reducing plastic packaging, and supporting local communities through their charity partnerships
TESCO MOBILE LIMITED offers a range of products and services, including pay-as-you-go and contract mobile phone plans, SIM cards, and mobile broadband
They also have a variety of handsets to choose from, including the latest smartphones
The key people at TESCO MOBILE LIMITED include Tom Denyard, the CEO, and David Lee, the CFO
They have a team of over 500 employees who are committed to providing excellent customer service and innovative products
For customer inquiries, TESCO MOBILE LIMITED can be contacted through their website, where customers can also manage their accounts and purchase services
Their registered office address is Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, AL7 1GA
In conclusion, TESCO MOBILE LIMITED is a sustainable and customer-focused telecommunications company that offers a variety of mobile phone and internet services
With a strong commitment to ethical and responsible practices, they continue to be a trusted and reliable choice for customers in the UK
Company Review
Trend Analysis
The trend for Tesco Mobile Limited's average time to pay invoices has remained relatively consistent over the past six periods, with a slight increase from 38 days in 2018 to 41 days in 2020. However, there was a significant increase in 2021 to 44 days, before dropping back down to 40 days in 2023.
Volatility Analysis
The volatility of Tesco Mobile Limited's average time to pay invoices has been relatively low, with only minor fluctuations between periods. The largest increase was seen in 2021, with a 4-day increase, while the largest decrease was seen in 2020, with a 3-day decrease.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Tesco Mobile Limited operate standard payment terms of 60 days, these terms can vary by individual supplier as required. As a result Tesco Mobile have agreed payment terms with suppliers in the range of 10 days to 90 days, the most common payment term is 30 days.
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
90
Dispute Resolution Process
In the event of an invoice dispute or query, suppliers are advised to contact the dedicated accounts payable team via tescomobileapqueries@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.
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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