The average time taken by TALKTALK TELECOM GROUP LIMITED to pay invoices has been increasing over the past three periods. In 2018, the average time taken was not available, but it increased to 49.7 days in 2019 and further to 56.3 days in 2020. However, there was a slight improvement in 2021 with the average time taken decreasing to 54.6 days.
The company's volatility in paying invoices can be seen in the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. In 2018, the company had a high percentage of invoices paid within 30 days (87.8%), but this decreased to 63.2% in 2019 and further to 59.4% in 2020. However, there was a significant improvement in 2021 with 83.5% of invoices paid within 30 days. On the other hand, the percentage of invoices paid later than 60 days was highest in 2020 at 18.2%, but this improved in 2021 to 11.8%.
In the past three periods, there has been a gradual increase in the average time taken by TALKTALK TELECOM GROUP LIMITED to pay invoices. However, there was a slight improvement in 2021. The company has also shown volatility in paying invoices, with a decrease in the percentage of invoices paid within 30 days and an improvement in the percentage of invoices paid later than 60 days in 2021.
| 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 Mar 2022 - 31 Aug 2022 | 17 Nov 2022 | |||||
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | |||||
| 01 Mar 2021 - 31 Aug 2021 | 15 Oct 2021 | |||||
| 01 Oct 2020 - 28 Feb 2021 | 23 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 21 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 04 May 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 |
TalkTalk Telecom Group Limited is the registered entity behind the TalkTalk brand, incorporated in December 2009 and based in Salford. It is classified under other telecommunications activities and its own careers site describes TalkTalk as a UK connectivity provider, offering broadband and related telecoms services aimed at being simple, affordable, reliable and fair. The company also appears associated with a related brand, PXC, referenced alongside TalkTalk on its careers pages. As the group entity, it encompasses the UK connectivity business operating under the TalkTalk name, rather than a separate subsidiary function.
Generated from the company's website and Companies House records. Sources: careers.talktalk.co.uk · careers.talktalk.co.uk