PARLOPHONE RECORDS LIMITED
Company Information
- Company Number
- 00068172
- Registered Address
- Cannon Place, 78 Cannon Street, London, England, EC4N 6AF
- Status
- Active
- Employee Count
- 90
- Turnover
- £105,330,000
- EBITDA
- £11,760,000
Additional Details
- Website
- https://forums.blur.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 December 1900
- Nature of Business
- 59200 - Sound recording and music publishing activities
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Sept 2025 | 05 Nov 2025 | 20 | 81% | 12% | 7% | 16% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 22 | 71% | 15% | 14% | 24% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 23 | 65% | 21% | 13% | 64% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 22 | 64% | 30% | 6% | 60% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 55 | 31% | 35% | 34% | 55% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 56 | 40% | 25% | 35% | 47% |
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
All suppliers of goods and services are offered 30 day payment terms from the date of receipt of the invoice by the accounts payable team, except for other Warner Music Group companies, which have typical payment terms of 60 days. Shorter payment terms may be available by exception if agreed during the contract negotiation period. Invoices in nearly all cases will only be processed when they include reference to a valid purchase order number, invoices are then paid on weekly payment runs as they fall due. Standard terms for royalty payments are 90 days post the end of the exploitation period, standard terms for certain artist payments are 1 day after receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Payment disputes are initially reported to Accounts Payable where a member of the team will investigate the dispute with the account relationship holder. When required the dispute will be escalated to the Accounts Payable Manager & Financial Controller. Once resolved the supplier will be paid in accordance with its payment terms or if the invoice is past its due date then on the next payment run.
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.
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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.
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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.
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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
Parlophone Records Limited is a British record label founded in 1896 and currently owned by Warner Music Group. The company is known for its diverse roster of artists and commitment to sustainability.
Their sustainability program focuses on reducing their environmental impact by implementing eco-friendly practices such as using renewable energy sources, reducing plastic packaging, and promoting recycling. In addition, they also support various charities and community projects through their Parlophone Green Fund.
The company's products and services include music production, distribution, and marketing for a wide range of genres such as pop, rock, and alternative. They also offer artist development and management services to help nurture emerging talents.
Some key people in the company include Miles Leonard, the Chairman and Co-President, who has been with Parlophone since 2013, and their A&R Director, Nick Burgess, who has a strong track record of discovering and developing successful artists.
For more information and updates on their latest releases and artists, you can visit their website at www.parlophone.co.uk. The registered office address for Parlophone Records Limited is 27 Wrights Lane, London, W8 5SW, United Kingdom.
