OPENREACH LIMITED
Company Information
- Company Number
- 10690039
- Registered Address
- Kelvin House, 123 Judd Street, London, United Kingdom, WC1H 9NP
- Status
- Active
- Employee Count
- 35,603
- Turnover
- £1,980,056,000
- EBITDA
- £0
Additional Details
- Website
- https://www.openreach.com/
- Company Type
- Private limited Company
- Incorporated On
- 24 March 2017
- Nature of Business
- 61100 - Wired telecommunications activities
- Industries
- Information Technology,Telecommunications And Data,Professional Services
- Region
- London
Company Review
Trend Analysis
The average time to pay for OPENREACH LIMITED has remained consistent from 2020-2023, with no significant changes observed. The percentage of invoices paid within 30 days has also remained stable, while the percentage of invoices paid between 31-60 days has slightly decreased. The percentage of invoices paid later than 60 days has also slightly decreased.
Volatility Analysis
There is low volatility in the average time to pay for OPENREACH LIMITED, with no significant changes observed over the three periods. There is also low volatility in the percentage of invoices paid within 30 days and between 31-60 days. However, there is slightly higher volatility in the percentage of invoices paid later than 60 days, with a slight decrease observed in the most recent period.
Summary Analysis
From 2020-2023, OPENREACH LIMITED has maintained an average time to pay of approximately 45 days. The percentage of invoices paid within 30 days has remained around 70%, while the percentage of invoices paid between 31-60 days has slightly decreased from 25% to 20%. The percentage of invoices paid later than 60 days has also slightly decreased from 5% to 3%.
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 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 |
Payment Time Trends
Payment Distribution Trends
Company Summary
OPENREACH LIMITED is a British telecommunications company that provides network infrastructure and services to support the operations of various communication providers in the UK. The company is a subsidiary of BT Group and was established in 2006.
As a leading provider of network infrastructure, OPENREACH LIMITED is responsible for maintaining and developing the UK's largest phone and broadband network. This includes maintaining the physical network, installing new lines and connections, and repairing any faults or issues.
In terms of sustainability, OPENREACH LIMITED has a strong commitment to reducing its environmental impact. The company has implemented various initiatives to reduce its carbon footprint, including using renewable energy sources and reducing waste. They also have a recycling program in place and encourage their employees to use eco-friendly practices.
OPENREACH LIMITED offers a range of products and services to its customers, including broadband and phone services, Ethernet services, and managed network solutions. They also offer training and support to communication providers to ensure efficient use of their network infrastructure.
The key people at OPENREACH LIMITED include Chief Executive Officer (CEO) Clive Selley and Chairman Sir Peter Bonfield. The company has a team of highly skilled engineers and technicians who are dedicated to providing high-quality services to their customers.
To contact OPENREACH LIMITED, individuals can visit their website at www.openreach.co.uk. Their registered office address is at 81 Newgate Street, London, EC1A 7AJ, United Kingdom. Overall, OPENREACH LIMITED plays a crucial role in maintaining and developing the UK's communication infrastructure while also prioritizing sustainability and environmental responsibility.
