SKY IQ LIMITED
Company Information
- Company Number
- 07246069
- Registered Address
- Grant Way, Isleworth, Middlesex, TW7 5QD
- Status
- Active
- Employee Count
- 0
- Turnover
- £3,000
- EBITDA
- £3,508,000
Additional Details
- Website
- https://skymedia.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 6 May 2010
- Nature of Business
- 63110 - Data processing, hosting and related activities
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 50 | 3% | 76% | 21% | 17% |
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
Our standard terms are between 30 and 60 days from the receipt of a valid invoice. On receipt of a valid invoice these invoices are 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
"Our predominant paying company is Sky UK Ltd and there is a wide disparity in the number of invoices paid through our various legal entities. Sky figures are impacted by intercompany trading within the Sky companies, particularly Sky In-home Service Limited. Our standard terms and conditions for suppliers are between 30 and 60 days from the receipt of a valid invoice. For the Sky group we paid the vast majority (84%) of our invoices on time and within the agreed payment terms. We paid 25% of invoices within 30 days and 92% within 60 days. On average we paid suppliers 40 days from receipt of invoice to funds into suppliers’ bank accounts. "
Maximum contractual payment period agreed
60
Dispute Resolution Process
"At Sky, we aim to resolve disputes or queries regarding invoices and payment as quickly as possible. Should you have a query regarding the expected payment date of an invoice, you can contact our Accounts Payable helpdesk who will be able to advise further at the following address aphelpdesk@sky.uk. For contractual disputes, not necessarily related to payment date enquiries, you should follow the procedure contractually agreed and, if none, then please contact the individual(s) who ordered the goods or services you have provided. When an invoice dispute is received, it should if possible be resolved at point of contact with the Accounts payable team. If this is not possible, the query will be escalated to the business contact and a relevant senior finance contact. When resolved, the invoice will be available for payment on the next standard payment run. "
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.
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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.
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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
SKY IQ LIMITED is a UK-based company that specializes in data-driven marketing and advertising solutions. The company was established in 2004 and has since become a leader in the digital marketing industry.
As part of their commitment to sustainability, SKY IQ LIMITED has implemented various initiatives to reduce their environmental impact. This includes reducing their carbon footprint, promoting recycling and waste reduction, and using renewable energy sources. They also have a dedicated team responsible for continuously improving their sustainability practices.
The company offers a range of products and services to help businesses reach their target audience and improve their marketing strategies. This includes data management, audience segmentation, campaign planning and execution, and performance analysis. They use advanced data analytics and technology to provide their clients with valuable insights and personalized marketing solutions.
The key people behind SKY IQ LIMITED are CEO David Still and CFO Lesley-Jane Barlow, who both have extensive experience in the marketing and advertising industry. They lead a team of skilled professionals who are dedicated to delivering high-quality services and solutions to their clients.
For more information on SKY IQ LIMITED and their services, you can visit their website at www.skyiq.com. Their registered office address is 1 Brick Lane, London, E1 6PU, United Kingdom.
