Industry ranking
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 29 | 67% | 30% | 3% | 34% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 31 | 59% | 36% | 5% | 46% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 30 | 71% | 23% | 6% | 34% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 27 | 75% | 20% | 5% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 27 | 77% | 18% | 4% | 23% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 29 | 74% | 21% | 4% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 28 | 75% | 21% | 4% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 27 | 79% | 16% | 5% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 28 | 75% | 21% | 4% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 32 | 70% | 21% | 9% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 40 | 82% | 14% | 4% | 18% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 29 | 81% | 15% | 4% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 42 | 61% | 25% | 14% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Hearst UK general terms are to settle all valid invoices within 30 days although this can be dependent upon the nature of the goods or services being provided.
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
60
Every effort is made to resolve all payment related disputes and queries quickly. We regularly review supplier statements and contact suppliers regarding invoices which have not been received.
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
The National Magazine Company Limited is the registered UK entity trading as Hearst UK, part of the global Hearst network. It publishes well known consumer magazine and digital brands including Cosmopolitan, Esquire, Harper's Bazaar, Good Housekeeping, ELLE, Country Living, Men's Health and Women's Health, covering areas such as women's lifestyle, health and wellbeing, homes and entertainment. The company describes itself as a premium content and experience business, circulating over 19.5 million magazines a year and reaching around 18.7 million UK digital unique users monthly. Beyond magazines, it runs membership propositions, events, licensed brand extensions and the Good Housekeeping Institute consumer research centre. It has produced content since 1922 and employs over 700 people.
Generated from the company's website and Companies House records. Sources: hearst.co.uk · hearst.co.uk