LYCAMOBILE UK LIMITED
Company Information
- Company Number
- 05903820
- Registered Address
- 3rd Floor Walbrook Building, 195 Marsh Wall, London, E14 9SG
- Status
- Active
- Employee Count
- 77
- Turnover
- £137,904,000
- EBITDA
- £11,127,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 August 2006
- Nature of Business
- 61900 - Other telecommunications activities
- Industries
- Financial Services,Information Technology,Telecommunications And Data
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 10 Feb 2025 | 35 | 56% | 25% | 19% | 50% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 25 | 72% | 21% | 7% | 42% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 21 | 77% | 18% | 5% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 09 Aug 2022 | 31 | 57% | 34% | 9% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Feb 2022 | 25 | 70% | 23% | 7% | 37% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 28 | 64% | 28% | 8% | 48% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Feb 2021 | 21 | 73% | 21% | 6% | 45% |
| 01 Jul 2020 - 31 Jul 2020 | 12 Feb 2021 | 21 | 73% | 21% | 6% | 45% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 29 | 62% | 26% | 12% | 45% |
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
Invoices for the Goods and/or Services shall be due and payable thirty (30) days after receipt and acceptance of Goods and/or Services. There were no changes during the reporting period.
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
60
Dispute Resolution Process
In the event of a dispute, the Company and the Supplier will generally work together to resolve the open issue. Where it is not possible to reach an agreement several potential dispute resolution methods may be employed for example mediation, adjudication, expert determination, litigation and/or arbitration.
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
LYCAMOBILE UK LIMITED is a leading mobile virtual network operator (MVNO) based in the United Kingdom. The company was founded in 2006 and has grown to become one of the largest MVNOs in the country with over 6 million customers.
The company offers affordable prepaid mobile services, including international calls and data, to its diverse customer base. They provide coverage in over 23 countries and have partnerships with major network providers such as Vodafone, Three, and O2.
LYCAMOBILE UK LIMITED places a strong emphasis on sustainability and is committed to reducing its environmental impact. They have implemented various initiatives such as using renewable energy sources, reducing paper usage, and promoting recycling among their employees and customers.
The company also offers a range of products and services that cater to the growing demand for sustainable options in the mobile industry. This includes eco-friendly devices, recycled phone cases, and a carbon offset program for customers to reduce their carbon footprint.
The key people at LYCAMOBILE UK LIMITED include the founder and chairman, Subaskaran Allirajah, and the CEO, Chris Tooley. They have a dedicated team of employees who work towards providing excellent customer service and driving the company's sustainability efforts.
For more information on LYCAMOBILE UK LIMITED and their products and services, customers can visit their website at www.lycamobile.co.uk. The company's registered office address is Level 2, 2nd Floor, 26 Red Lion Street, London, WC1R 4PS, United Kingdom.
