CHINA TELECOM (EUROPE) LIMITED

PaymentCheck Score 2025
60Fair
1.4vs last year
#3099 in UK
#35 in Information Technology
#1201 in London

Company Information

Company Number
05728497
Registered Address
11th Floor, Exchange Tower, 1 Harbour Exchange Square, London, England, E14 9GE
Status
Active
Employee Count
172
Turnover
£263,386,000
EBITDA
£5,949,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 March 2006
Nature of Business
61900 - Other telecommunications activities
Industries
Information Technology, Telecommunications And Data, Professional Services, Telecommunications
Region
London

Time to Pay

Average Time to Pay
48 days
Shortest Period:30 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
42%
31-60 Days
40%
After 60 Days
18%
Not Paid Within Terms9%

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: 2025-07-28
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 202528 Jul 20254842%40%18%9%
01 Jul 2024 - 31 Dec 202431 Jan 20255644%29%27%9%
01 Jan 2024 - 30 Jun 202426 Jul 20244946%30%24%9%
01 Jan 2023 - 30 Jun 202327 Jul 20234652%22%26%9%
01 Jul 2022 - 31 Dec 202220 Jan 20234951%26%23%9%
01 Jan 2022 - 30 Jun 202229 Jul 20224542%39%19%9%
01 Jul 2021 - 31 Dec 202131 Jan 20224240%41%19%9%
01 Jan 2021 - 30 Jun 202131 Jul 20213849%33%18%5%
01 Jul 2020 - 31 Dec 202031 Jan 20214757%28%15%9%
01 Jul 2019 - 31 Dec 201928 Jan 20205546%25%29%8%
01 Jan 2019 - 30 Jun 201929 Jul 20194745%30%25%13%
01 Jan 2018 - 30 Jun 201827 Jul 20181670%24%6%33%

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 invoices are paid after confirming the goods delivered or service starting to be used. Normally, we will pay the monthly-recurring invoices within the service period. For example, if the service period is for July, we will pay them in July. If invoices are issued in advance, we received the invoices in July whereas service period is August, we normally pay them in August. For invoices are issued by quarter/year, we will pay them within the first month of the quarter/year.

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

45

Dispute Resolution Process

If the supplier has any quires about the payment, they could contact us via ctesettlement@chinatelecomglobal.com or by phone. If there is a dispute, we will contact the supplier by email or by phone to discuss the disputes. The invoice marked as dispute will be placed on hold until the dispute is resolved. No partial payment will be made in case of dispute.

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

China Telecom (Europe) Limited is the European arm of China Telecom Corporation Limited, one of the largest telecommunications companies in the world. The company is headquartered in London, United Kingdom, and provides a range of telecommunications services to customers in Europe.

China Telecom (Europe) Limited is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes minimizing energy consumption, promoting the use of renewable energy, and reducing carbon emissions. The company also adheres to strict ethical standards and promotes responsible business practices.

The company offers a range of telecommunications products and services, including voice, data, and internet services. These services are tailored to meet the specific needs of businesses, governments, and individuals. China Telecom (Europe) Limited also offers cloud computing services, helping businesses to reduce their IT costs and increase efficiency.

The key people at China Telecom (Europe) Limited include CEO Mr. Yan Ou, who has over 20 years of experience in the telecommunications industry, and CFO Mr. Jun Liu, who has extensive experience in finance and accounting. The company also has a dedicated team of professionals who work towards providing high-quality services and maintaining customer satisfaction.

For more information on their services, customers can visit the company's website at www.chinatelecomeurope.com. The registered office address for China Telecom (Europe) Limited is 20 Old Bailey, London, EC4M 7BF, United Kingdom. Overall, China Telecom (Europe) Limited is a leading telecommunications company that is committed to sustainability and providing top-notch services to its customers in Europe.

Financial Metrics

Cash
£6,409,575
Net Worth
£60,295,761
Total Current Assets
£136,189,041
Total Current Liabilities
£101,623,229

Company Location