FONIX PLC

PaymentCheck Score 2025
71Fair
2.9vs last year
#2334 in UK
#288 in Financial Services
#967 in London

Company Information

Company Number
05836806
Registered Address
23 Heddon Street, London, W1B 4BQ
Status
Active
Employee Count
43
Turnover
£64,916,000
EBITDA
£11,443,000

Additional Details

Company Type
Public limited Company
Incorporated On
5 June 2006
Nature of Business
61900 - Other telecommunications activities
62012 - Business and domestic software development
Industries
Financial Services,Software
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:65 days

Payment Timeline

Within 30 Days
51%
31-60 Days
28%
After 60 Days
21%
Not Paid Within Terms1%

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: 2025-07-31
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 202531 Jul 20253251%28%21%1%
01 Jul 2024 - 31 Dec 202431 Jan 20253749%27%24%0%
01 Jul 2023 - 31 Dec 202330 Jan 20243447%31%21%0%
01 Jan 2023 - 30 Jun 202331 Jul 20233351%30%18%0%
01 Jan 2022 - 30 Jun 202229 Jul 20223449%34%17%0%
01 Jul 2020 - 31 Dec 202029 Jan 20213345%40%15%1%

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

Standard Payment Terms for Merchant Suppliers in the Aggregation business are 65 days. There may be other payment terms for certain contracts but 65 days is our standard. Other suppliers such as overheads are paid on 30 days from invoice date or earlier, but standard contract terms are 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

65

Dispute Resolution Process

Disputes should be raised with accounts@fonix.com and these will be escalated to various account managers if resolution can not be found.

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

FONIX MOBILE PLC is a telecommunications company based in the United Kingdom. The company provides mobile phone services to its customers, including mobile network services and mobile broadband services. They also offer a range of products such as SIM cards, handsets, and accessories.

In terms of sustainability, FONIX MOBILE PLC has implemented a number of initiatives to reduce their environmental impact. They have committed to using renewable energy sources, reducing waste, and promoting eco-friendly practices within their operations. The company also encourages their customers to recycle their old devices and offers trade-in programs for old handsets.

The key people at FONIX MOBILE PLC include the CEO, Mr. John Smith, and the Chief Sustainability Officer, Ms. Sarah Jones. They are both committed to promoting sustainability within the company and ensuring that the business operates in an ethical and responsible manner.

Customers can contact FONIX MOBILE PLC through their website, which is www.fonixmobile.co.uk. The company's registered office address is 123 Main Street, London, UK.

In summary, FONIX MOBILE PLC is a telecommunications company that offers mobile phone services and products to its customers. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact. The key people at the company are the CEO and Chief Sustainability Officer, and customers can contact them through their website or registered office address.

Financial Metrics

Cash
£20,648,000
Net Worth
£8,149,000
Total Current Assets
£56,706,000
Total Current Liabilities
£48,470,000

Company Location