OGILVY & MATHER GROUP (HOLDINGS) LIMITED

PaymentCheck Score 2023
64Fair
9.7vs last year
#3196 in UK
#200 in Professional Services
#1267 in London

Company Information

Company Number
00045810
Registered Address
Sea Containers, 18 Upper Ground, London, England, SE1 9RQ
Status
Active
Employee Count
593
Turnover
£258,180,000
EBITDA
£9,327,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 October 1895
Nature of Business
73110 - Advertising agencies
Industries
Marketing And Sales
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:0 days
Longest Period:45 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
49%
31-60 Days
48%
After 60 Days
4%
Not Paid Within Terms42%

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: 2024-03-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202326 Mar 20243249%48%4%42%
01 Jan 2023 - 30 Jun 202331 Jul 20233250%45%4%41%
01 Jan 2022 - 30 Jun 202229 Jul 20223837%55%8%51%
01 Jan 2019 - 30 Jun 201925 Jul 20193346%48%6%44%
01 Jul 2018 - 31 Dec 201829 Jan 20193244%52%4%43%

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

Our standard payment terms are 45 days based on receipt of a valid invoice.

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

45

Dispute Resolution Process

We have a dedicated dispute resolution process to ensure that all supplier invoices are processed as efficiently as possible. We provide suppliers with details of the issues that may affect the processing of their invoices and assistance by providing guidance on what is to be provided on their invoices to ensure payment can be made in a timely manner. We have a dedicated AP helpdesk that offers suppliers support through to query resolution and which can be contacted via a dedicated e-mail address or phone number. All invoices that are in query are logged and if unresolved at the time of supplier payment, details of the reasons for payment delay are communicated to the relevant suppliers.

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

OGILVY & MATHER GROUP (HOLDINGS) LIMITED is a global advertising and marketing company, founded in 1948 by David Ogilvy. Their headquarters are located in London, United Kingdom.

The company provides a variety of services such as advertising, brand strategy, digital marketing, and public relations to clients in more than 100 countries. They have a strong presence in the UK, with offices in London, Manchester, and Edinburgh.

OGILVY & MATHER GROUP is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have set targets to reduce their carbon emissions and have implemented recycling and energy-saving measures in their offices. The company also focuses on promoting diversity and inclusion within their workforce.

The company offers a wide range of products and services to its clients, including advertising campaigns, branding, digital marketing, social media management, and market research. They work with various industries, including consumer goods, healthcare, technology, and finance.

Key people in the company include John Seifert, who serves as the Global CEO, and Paul O'Donnell, who is the CEO of the UK branch. They are supported by a team of experienced professionals in the fields of marketing, advertising, and communications.

OGILVY & MATHER GROUP is committed to providing the best service to its clients and has won numerous awards for its campaigns and creative work. They have a strong online presence and can be contacted through their website, which provides information about their services, clients, and awards. The company's registered office address is Sea Containers House, 18 Upper Ground, London SE1 9GL, United Kingdom.

In summary, OGILVY & MATHER GROUP (HOLDINGS) LIMITED is a leading advertising and marketing company with a global presence. They are committed to sustainability and offer a wide range of products and services to their clients. With a strong team of professionals and a focus on diversity and inclusion, they continue to be a top choice for companies looking to enhance their brand and marketing strategies.

Financial Metrics

Cash
£17,074,000
Net Worth
£246,766,000
Total Current Assets
£403,692,000
Total Current Liabilities
£162,824,000

Company Location