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TALKMOBILE LIMITED

Company number: 04154716

Reporting period:
1 April 2018 to 30 September 2018


Warning This information is as reported by the business, and responses are in their own words.

This report was filed on 25 October 2018

and approved by David Nigel Evans

Payment statistics

Average time taken to pay invoices: 0 days

Invoices paid:

Invoices due but not paid within agreed terms: 0 %

Payment terms

Shortest standard payment period

30 days

Longest standard payment period

60 days

Standard payment terms

The procurement of goods and services for Talkmobile Limited is undertaken by its parent company, Vodafone Limited. It is therefore Vodafone Limited which enters into qualifying contracts with those third parties which provide goods and/or services to Talkmobile Limited. Vodafone Limited also itself provides certain services to Talkmobile Limited, including customer billing and collection services. The standard payment terms entered above are therefore Vodafone Limited’s longest and shortest standard payment terms with external suppliers.
Cost incurred by Vodafone Limited in connection with the Talkmobile business are fully set-off against amounts collected by Vodafone Limited on Talkmobile’s behalf in its provision of collection services and so, for the purposes of this report, no payments are made by Talkmobile Limited. Vodafone Limited’s payment statistics and standard payment terms are as set out it its payment practices report, which is published concurrently with this report.

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

Yes – Procurement for the Talkmobile business is undertaken by its parent company Vodafone Limited. In the reporting period, Vodafone Limited changed its standard payment terms for suppliers identified as small (with reference to the Companies Act definition of a small company) to 30 days from date of invoice. Further information is set out in Vodafone Limited’s payment practices report, which is published concurrently with this report.

Were suppliers notified or consulted about these changes before they were made?

No

Maximum contractual payment period agreed

0 days

As explained above, the procurement of goods and services for Talkmobile Limited is undertaken by its parent company, Vodafone Limited and costs incurred by Vodafone Limited in connection with the Talkmobile business are fully set-off. For the purposes of this report, no payments are therefore made by Talkmobile Limited.
Details of Vodafone Limited’s maximum contractual payment period is set out it its payment practices report, which is published concurrently with this report.

Any other information about payment terms

Talkmobile Limited does not offer e-invoicing or supply chain financing, as its procurement of goods and services is undertaken by its parent company, which does offer such options.

Dispute resolution process

The procurement of goods and services for Talkmobile Limited is undertaken by its parent company, Vodafone Limited. Vodafone Limited’s dispute resolution process is as set out it its payment practices report, which is published concurrently with this report.

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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No

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