AMAZON WEB SERVICES UK LIMITED

Company Information

Company Number
08650665
Registered Address
1 Principal Place, Worship Street, London, EC2A 2FA
Status
Active
Employee Count
0
Turnover
£157,000
EBITDA
£8,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 August 2013
Nature of Business
61300 - Satellite telecommunications activities
Industries
Telecommunications
Region
London

Time to Pay

Average Time to Pay
66 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
11%
31-60 Days
81%
After 60 Days
8%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-09-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201924 Sept 20216611%81%8%7%
01 Jan 2019 - 30 Jun 201930 Jul 20194444%49%7%9%
01 Jan 2018 - 30 Jun 201830 Jul 20184537%48%15%29%

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

The business’ standard payment terms for all new suppliers is 60 days from the date that an invoice is received. In special circumstances or due to legacy agreements, the contractual length of time may vary from this.

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

No information available

Any other information about payment terms

Whilst Amazon's standard terms for normal commercial relationships are 60 days, there are a number of business units that have payment terms considerably lower than this. These business units pay a large volume of invoices on shorter terms, this explains Amazon's average terms of 12 days.

Maximum contractual payment period agreed

60

Dispute Resolution Process

Amazon actively seeks to resolve disputes through open and honest communication between the supplier, and the Amazon Accounts Payable, Procurement or Business teams responsible for the relationship with the supplier. This involves proactive email and/or phone communication with the supplier. Should this fail, disputes are escalated to the relevant Business Leader and Finance Director.

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

Amazon Web Services UK Limited is a subsidiary of the multinational technology company Amazon, specializing in providing cloud computing and storage services to businesses and individuals. The company's sustainability program is focused on reducing its environmental impact through initiatives such as renewable energy usage and waste reduction.

Their product and service offerings include Amazon Elastic Compute Cloud (EC2), which allows customers to rent virtual servers for various computing purposes, and Amazon Simple Storage Service (S3), which provides scalable storage for data and files. They also offer a range of other services including database management, networking, security, and analytics.

The key people at Amazon Web Services UK Limited include Managing Director Gavin Jackson and Head of Public Sector UK and Ireland Iain Gavin.

The company's registered office address is located in London, United Kingdom. Their website, https://aws.amazon.com/uk, provides information on their products and services, as well as contact information for customer support. Additionally, customers can reach out to the company through their social media accounts on platforms such as Twitter and LinkedIn. Overall, Amazon Web Services UK Limited is a leading provider of cloud computing services, committed to sustainability and innovation.

Financial Metrics

Cash
£75,000
Net Worth
£2,055,000
Total Current Assets
£2,069,000
Total Current Liabilities
£14,000

Company Location