TESCO MOBILE LIMITED

PaymentCheck Score 2024
54Fair
0.8vs last year
#4027 in UK
#131 in Software
#265 in East of England

Company Information

Company Number
04780736
Registered Address
Shire Park, Welwyn Garden City, United Kingdom, AL7 1GA
Status
Active
Employee Count
293
Turnover
£1,108,008,000
EBITDA
£35,400,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 May 2003
Nature of Business
61900 - Other telecommunications activities
Industries
Software
Region
East of England

Time to Pay

Average Time to Pay
37 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
24%
31-60 Days
69%
After 60 Days
7%
Not Paid Within Terms10%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20254023%65%12%18%
01 Jul 2023 - 31 Dec 202330 Jan 20244020%73%7%15%
01 Jan 2023 - 30 Jun 202301 Aug 20233922%71%7%8%
01 Jan 2022 - 30 Jun 202222 Jul 20224424%67%9%5%
01 Jan 2021 - 30 Jun 202130 Jul 20214017%77%6%17%
01 Jul 2020 - 31 Dec 202029 Jan 20214425%70%5%3%
01 Jan 2019 - 30 Jun 201929 Jul 20194115%79%6%1%
01 Jul 2018 - 31 Dec 201829 Jan 20193917%78%5%6%

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

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 information available

Any other information about payment terms

No additional information

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.

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

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.

Financial Metrics

Cash
£26,343,000
Net Worth
£1,939,000
Total Current Assets
£410,315,000
Total Current Liabilities
£423,515,000

Company Location