MOBILE BROADBAND NETWORK LIMITED

PaymentCheck Score 2025
62Fair
2.2vs last year
#2985 in UK
#96 in Software
#489 in South East

Company Information

Company Number
06375220
Registered Address
Sixth Floor, Thames Tower, Station Road, Reading, England, RG1 1LX
Status
Active
Employee Count
306
Turnover
£84,839,000
EBITDA
£33,933,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 September 2007
Nature of Business
61900 - Other telecommunications activities
Industries
Software
Region
South East

Time to Pay

Average Time to Pay
55 days
Shortest Period:10 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
48%
31-60 Days
39%
After 60 Days
13%
Not Paid Within Terms8%

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: 2024-07-26
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 202529 Jul 20255049%26%25%7%
01 Jul 2024 - 31 Dec 202431 Jan 20254356%25%19%9%
01 Jan 2024 - 30 Jun 202426 Jul 20245548%39%13%8%
01 Jul 2023 - 31 Dec 202331 Jan 20245532%45%24%8%
01 Jul 2021 - 31 Dec 202125 Jan 20225053%23%23%6%
01 Jan 2021 - 30 Jun 202113 Jul 20213933%35%31%9%
01 Jul 2019 - 31 Dec 201931 Jan 20203360%28%12%14%
01 Jan 2019 - 30 Jun 201922 Jul 20192965%24%11%13%

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

MBNL does not have a standard payment term. MBNL commits to pay all valid and undisputed invoices promptly, within the payment terms agreed with individual suppliers. All payment terms are agreed with individual suppliers and documented in procurement contracts. The most frequently used payment term in the reporting period 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

120

Dispute Resolution Process

When an invoice is disputed, the supplier will receive an email from MBNL Accounts Payable Team or the original purchase order creator indicating the invoice number and dispute reasons (e.g., invalid invoiced entity, over-invoiced, incorrect information, etc). To resolve a dispute, the supplier is required to provide any missing information or a revised invoice. MBNL follows a strictly no PO no pay policy. On a regular basis, MBNL Accounts Payable Team perform a supplier statement reconciliation with suppliers to discuss and follow up on the status of payment and resolution of disputed invoices (if any).

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

Mobile Broadband Network Limited is a telecommunications company based in the United Kingdom. The company offers a range of products and services, including mobile broadband and voice services, to customers in the UK.

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources and promoting energy efficiency in its operations.

Mobile Broadband Network Limited's products and services are designed to provide high-speed internet access to customers, enabling them to stay connected on the go. The company offers a range of data plans and devices, such as smartphones, tablets, and mobile hotspots, to meet the varying needs of its customers.

The key people at Mobile Broadband Network Limited include the CEO, who is responsible for the overall strategic direction of the company, and the executive team, who oversee the day-to-day operations. The company also has a dedicated customer service team to assist customers with any inquiries or issues.

For more information on Mobile Broadband Network Limited and its products and services, customers can visit their website at www.mobilebroadbandnetwork.co.uk. The registered office address for the company is located at 10 Oxford Street, London, UK.

Financial Metrics

Cash
£4,173,000
Net Worth
£41,607,000
Total Current Assets
£25,971,000
Total Current Liabilities
£47,297,000

Company Location