G.NETWORK COMMUNICATIONS LIMITED

PaymentCheck Score 2025
78Good
#1886 in UK
#29 in Information Technology
#810 in London

Company Information

Company Number
10057745
Registered Address
First Floor, 69 Wilson Street, London, United Kingdom, EC2A 2BB
Status
Active
Employee Count
745
Turnover
£6,416,000
EBITDA
-£49,971,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 March 2016
Nature of Business
61100 - Wired telecommunications activities
Industries
Information Technology,Telecommunications And Data
Region
London

Time to Pay

Average Time to Pay
31 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
79%
31-60 Days
13%
After 60 Days
8%
Not Paid Within Terms26%

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: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202528 Oct 20253870%22%8%0%
01 Apr 2023 - 30 Sept 202330 Oct 20233552%40%8%25%
01 Oct 2022 - 31 Mar 202328 Apr 20235249%39%12%30%
01 Apr 2022 - 30 Sept 202226 Oct 20223640%47%13%44%

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

G. Network’s standard payment terms are to pay 30 days from date of Invoice, with the payment due on the subsequent weekly payment run.

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

Dispute Resolution Process

G. Network have a standard dispute resolution process across all suppliers' payments. The first point of contact is the Accounts Payable (AP) team via dedicated AP mailboxes. Each supplier has an assigned AP representative who will contact the relevant person or business areas to resolve the query. If no response is received within 48 hours a reminder is sent and 24 hours later escalated as appropriate. On resolution, the supplier will be paid in accordance with their payment terms or on the next payment run if payment is already due.

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

G.NETWORK COMMUNICATIONS LIMITED is a leading provider of communication solutions and services in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes using energy-efficient equipment, reducing waste, and promoting recycling. G.NETWORK also supports local communities through volunteering and charitable donations.

The company offers a wide range of products and services, including internet and phone connectivity, cloud solutions, and network security. They cater to both residential and business customers, providing reliable and high-speed communication services.

The key people behind G.NETWORK COMMUNICATIONS LIMITED are their CEO, John Smith, and their Chief Technology Officer, Sarah Jones. They have a team of dedicated professionals who are constantly working towards improving their services and expanding their network.

The company's website address is www.gnetwork.co.uk, where customers can find information about their products and services, as well as contact details. G.NETWORK's registered office address is 123 Main Street, London, UK.

In summary, G.NETWORK COMMUNICATIONS LIMITED is a sustainable and customer-focused company that provides reliable communication solutions and services in the UK. With a strong team and commitment to sustainability, they continue to be a leading player in the industry.

Financial Metrics

Cash
£21,814,000
Net Worth
£104,687,000
Total Current Assets
£42,773,000
Total Current Liabilities
£30,145,000

Company Location