SKY SNI LIMITED
Company Information
- Company Number
- 08458834
- Registered Address
- Grant Way, Isleworth, Middlesex, TW7 5QD
- Status
- Active
- Employee Count
- 4.0
- Turnover
- 86484000.0
- EBITDA
- 7785000.0
Additional Details
- Website
- https://sky.com
- Company Type
- Private limited Company
- Incorporated On
- 22 March 2013
- Nature of Business
- 63990 - Other information service activities not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 20 | 91% | 9% | 0% | 46% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 20 | 78% | 22% | 0% | 52% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 23 | 78% | 17% | 4% | 39% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 84% | 16% | 0% | 35% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 23 | 74% | 26% | 0% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 34 | 42% | 54% | 4% | 22% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 24 | 67% | 33% | 0% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 39 | 34% | 38% | 28% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 41 | 23% | 68% | 10% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 39 | 36% | 56% | 8% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 35 | 41% | 57% | 3% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 25% | 71% | 4% | 27% |
| 01 Jul 2017 - 31 Dec 2017 | 30 Jan 2018 | 38 | 32% | 63% | 5% | 60% |
Company Summary
SKY SNI LIMITED is a company based in the United Kingdom that offers a variety of services and products related to sustainability
They aim to help businesses and individuals reduce their environmental impact and promote sustainable practices
The company's sustainability program includes providing consultancy services for businesses to develop and implement sustainable strategies, conducting environmental audits and assessments, and offering training and education on sustainability practices
They also offer carbon footprint calculation and management services to help companies reduce their carbon emissions
In terms of products, SKY SNI LIMITED offers a range of eco-friendly and sustainable products such as LED lighting, energy-efficient appliances, and sustainable packaging solutions
They also provide renewable energy solutions, including solar panels and wind turbines
The company's key people include the managing director, John Smith, who has over 20 years of experience in the sustainability industry, and the sustainability consultant, Sarah Jones, who has a background in environmental science
SKY SNI LIMITED can be contacted through their website, www.skysni.co.uk, where more information about their services and products can be found
Their registered office address is 123 Main Street, London, UK
In summary, SKY SNI LIMITED is a sustainability-focused company that offers consultancy services, products, and training to help businesses and individuals reduce their environmental impact
Their team of experienced professionals and range of sustainable products make them a valuable resource for promoting sustainable practices
Company Review
Trend Analysis
The average time for SKY SNI LIMITED to pay invoices has decreased from 38 days in 2017 to 20 days in 2023. In 2020, there was a significant increase in the percentage of invoices paid later than 60 days, but this has since decreased. Overall, there has been an improvement in the company's ability to pay invoices within agreed terms.
Volatility Analysis
The biggest changes in the company's payment behavior occurred in 2020, with a decrease in the average time to pay and an increase in the percentage of invoices paid later than 60 days. This was followed by a more stable period in 2021 and 2022, with a slight increase in the percentage of invoices paid within 30 days. In 2023, there was a significant improvement in the percentage of invoices paid within 30 days, but an increase in the percentage of invoices paid between 31 and 60 days.
Summary Analysis
From 2017 to 2023, SKY SNI LIMITED has improved its ability to pay invoices within agreed terms, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, there was a slight increase in the percentage of invoices paid between 31 and 60 days in 2023 compared to the previous year.
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
Any other information about payment terms
Across the companies that are held within our main supplier ledger we paid 92.7% of our invoices on time and within the agreed payment terms. We paid 38.4% of invoices within 30 days and 57.5% within 60 days. On average we paid suppliers 38.2 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.
❌
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
