HYPEROPTIC LTD

PaymentCheck Score 2025
76Good
14.9vs last year
#2010 in UK
#860 in London

Company Information

Company Number
07222543
Registered Address
Kings House, 174 Hammersmith Road, London, England, W6 7JP
Status
Active
Employee Count
1,865
Turnover
£78,666,000
EBITDA
-£7,561,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 April 2010
Nature of Business
61100 - Wired telecommunications activities
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
29 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
65%
31-60 Days
28%
After 60 Days
7%
Not Paid Within Terms24%

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: 2023-01-10
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 202511 Nov 20254280%13%7%21%
01 Jul 2024 - 31 Dec 202411 Nov 20254275%14%11%22%
01 Jan 2024 - 30 Jun 202419 Feb 20257152%26%22%36%
01 Jul 2023 - 31 Dec 202319 Feb 20255054%32%14%30%
01 Jan 2023 - 30 Jun 202319 Feb 20257152%26%22%36%
01 Jul 2022 - 31 Dec 202210 Jan 20232965%28%7%24%
01 Jul 2021 - 31 Dec 202128 Jan 20224024%66%10%29%
01 Jan 2021 - 30 Jun 202116 Aug 20213922%68%10%32%
01 Jul 2020 - 31 Dec 202026 Apr 20212680%18%2%20%
01 Jan 2020 - 30 Jun 202005 Aug 20202679%19%3%21%
01 Jul 2018 - 31 Dec 201801 Feb 20192580%19%1%21%
01 Jan 2018 - 30 Jun 201831 Jul 20182769%30%1%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

Suppliers of goods and services to the business are typically offered 31-day payment terms from receipt of a valid invoice and their invoices included in a weekly payment run as they fall due.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Invoices should be forwarded to accounts@hyperoptic.com for processing.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Disputes relating to supplier invoices should be communicated to accounts@hyperoptic.com

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

Hyperoptic Ltd is a leading telecommunications company based in the United Kingdom. The company provides ultrafast, full-fibre broadband to residential and business customers across the country.

Sustainability is a core focus for Hyperoptic Ltd, and the company has implemented various initiatives to reduce its carbon footprint and promote environmentally friendly practices. This includes using renewable energy sources for its operations and investing in sustainable infrastructure.

Hyperoptic Ltd offers a range of products and services, including broadband packages with speeds of up to 1Gbps, phone services, and TV bundles. Its services are available to both residential and business customers, with options for flexible contracts and tailored solutions. The company also offers 24/7 customer support to ensure a seamless experience for its customers.

Key people at Hyperoptic Ltd include its CEO, Dana Tobak, and its Executive Chairman, Boris Ivanovic. The company has a dedicated team of professionals who are committed to providing high-quality services and driving innovation in the telecommunications industry.

For more information on Hyperoptic Ltd and its services, customers can visit their website at www.hyperoptic.com. The company's registered office address is at 25 Canada Square, Canary Wharf, London, E14 5LQ, United Kingdom.

Financial Metrics

Cash
£16,383,000
Net Worth
-£248,895,000
Total Current Assets
£66,703,000
Total Current Liabilities
£91,630,000

Company Location