Score of 86.9/100 qualifies for PaymentCheck Certification
MITIE TELECOMS LIMITED demonstrates a generally prompt payment trend with an average payment time of 29 days, ensuring 67% of invoices are settled within 30 days. While a significant 32% of payments extend into the 31-60 day window, only a minimal 1% exceed 60 days, indicating a consistent, albeit slightly varied, payment behavior. This suggests a predominant adherence to standard payment terms, with a notable segment consistently paying within two months.
Despite a low overall late payment rate of 10%, the substantial 32% of payments falling into the 31-60 day category introduces some variability and reduced predictability for cash flow. Suppliers should acknowledge that nearly one-third of their invoices might not be settled within a typical 30-day period. This indicates a moderate level of payment consistency, where a large portion is reliable, but a considerable segment has extended payment patterns.
Overall, MITIE TELECOMS LIMITED presents a largely favorable payment profile with a strong average payment time and low official late payment rate, making them a generally reliable counterparty. Suppliers should account for the possibility of approximately one-third of payments taking up to 60 days, which requires robust cash flow planning. It is recommended to establish clear payment terms and implement proactive follow-up processes for invoices approaching the 30-day mark to mitigate potential delays.
| 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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 26 | 82% | 17% | 1% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 25 | 76% | 22% | 1% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms state that payment of supplier invoices for goods and services will be made 60 days from the end of the month in which a correct, undisputed and properly due VAT invoice is received, unless otherwise agreed by a duly authorised representative. However, consideration is also given to our SME suppliers where alternative payment terms, of 30 days from the end of the month in which a correct and undisputed VAT invoice is dated, may be agreed. The business also operates a no purchase order, no pay policy, unless otherwise agreed, in exceptional circumstances, by a duly authorised representative. Invoices received, and which do not include a valid purchase order number, are rejected and returned to the supplier
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
We recognise the strategic importance of our supply chain partners, and as such are committed to treating them fairly. Our preference is to always address disputes in a transparent and timely manner, always acting in good faith, through open and constructive discussion. If such discussions fail to resolve a dispute, an authorised representative of the supplier and the company shall, within 30 days of a written request from one party to the other, meet in good faith to resolve the dispute. If the dispute remains unresolved either the supplier or the company shall refer it to mediation in accordance with the Centre for Effective Dispute Resolution ("CEDR") Model Mediation Procedure that is in force at the date of the referral
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
MITIE TELECOMS LIMITED is an active private limited company operating in the telecommunications sector. Its core business involves the provision of services within the telecoms industry.
Incorporated on 25 October 2012, MITIE TELECOMS LIMITED operates under company number 08267599. Its registered office is located in London at Level 12 The Shard, 32 London Bridge Street, SE1 9SG.
Typically, private limited companies in the UK telecommunications sector provide a range of services. These commonly include the provision of voice and data connectivity, network infrastructure solutions, mobile communication services, and unified communications platforms for businesses and consumers.