GAMMA TELECOM LTD
Company number: 04340834
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Paul Maher
Payment statistics
Average time taken to pay invoices: 35 days
Total value paid:
- within 30 days: £64,556,905 (77%)
- in 31 to 60 days: £15,293,293 (18%)
- in 61 days or more: £3,543,174 (4%)
Invoices paid:
- within 30 days: 78%
- in 31 to 60 days: 16%
- in 61 days or more: 6%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £18,324,321
- payments due in the reporting period which have not been paid within the agreed period: 23%
- not made in the reporting period due to a dispute: 9%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Gamma's standard payment terms are 30 days from date of invoice. To ensure these payment terms are met to the best of our ability, on each payment cycle Gamma pays supplier invoices which fall due before the next scheduled supplier payment cycle. Therefore, if a supplier invoice is due the day before the next scheduled payment, this invoice will be pulled onto an earlier payment cycle.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
Gamma currently have one supplier where the payment terms are 60 days from date of invoice. These terms are driven by the supplier and were not requested by Gamma.
Any other information about payment terms
Gamma currently have a few suppliers who are paid via a netting agreement. The terms of these agreements are that payment can only be processed once the netting is agreed by both Gamma and the supplier. This can result in payment being made outside of the standard 30 days, but will be noted in the reporting as within terms.
Due to Gamma’s dispute policy whereby the disputed value of an invoice is withheld from payment until resolved, this can result in average days taken to pay being influenced.
Dispute resolution process
Disputes are raised with the supplier directly at the earliest opportunity. Any valid charges on an invoice are paid, with the disputed amounts being held back until a credit is received or the dispute has been resolved.
Gamma are in the process of implementing a more accurate method of determining what invoices paid outside of terms relate to disputes. For the purpose of this reporting cycle, an estimation has been provided based on processing statistics while we work toward a more accurate method of reporting this figure.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No