EXPRESS NEWSPAPERS

PaymentCheck Score 2025
60Fair
3.3vs last year
#3061 in UK
#120 in Creative
#1199 in London

Company Information

Company Number
00141748
Registered Address
One Canada Square, Canary Wharf, London, United Kingdom, E14 5AP
Status
Active
Employee Count
426
Turnover
£155,921,000
EBITDA
£31,596,000

Additional Details

Company Type
Private unlimited company
Incorporated On
2 October 1915
Nature of Business
58130 - Publishing of newspapers
Industries
Creative,Media And Publishing
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
44%
31-60 Days
44%
After 60 Days
12%
Not Paid Within Terms21%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253939%48%13%24%
01 Jul 2024 - 31 Dec 202429 Jan 20253744%44%12%21%
01 Jan 2024 - 30 Jun 202424 Jul 20243642%47%11%21%
01 Jan 2022 - 30 Jun 202225 Jul 20223546%48%6%29%
01 Jul 2020 - 31 Dec 202018 Jan 20213844%46%10%28%
01 Jan 2018 - 30 Jun 201830 Jul 20185717%42%41%11%

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

The price stated in the Order is inclusive of all costs and expenses including packing and transportation costs. No variation in the price of the Goods will be accepted for any reason whatsoever unless reasonable notice thereof has been given in writing by the Seller the Purchaser and an authorised officer of the Purchaser shall have accepted the price variation in writing. Where the Goods are subject to Value Added Tax or any other taxes the amount legally demandable is to be rendered as a separate item of account and if required by the Purchaser, the Seller shall produce bona fide evidence of the amount paid or to be paid by it in respect thereof. The Purchaser reserves the right to deduct from any monies due or becoming due to the Seller, any monies due from the Seller to the Purchaser under the Contract or any other contract relating to the supply of goods or services. The price of the Goods includes the cost of insurance, packaging and carriage of the Goods unless otherwise expressly indicated in the Order. Any discount period will be calculated from the date the invoice is received by the Purchaser. Payment for Goods accepted by the Purchaser shall be made at the end of the month following the month of 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

60

Dispute Resolution Process

For contracts with suppliers, the appropriate business manager (and if appropriate senior manager) for each party will attempt to resolve the dispute (the Reach point of contact varies from contract to contract). Suppliers can also contact Reach’s dedicated accounts payable team (suppliers@reachplc.com). Such contacts would look to deal promptly with any disputes raised, in accordance with the terms of the contract, and involve other Reach managers as required.

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

Express Newspapers is a British media company that publishes two national newspapers, the Daily Express and the Sunday Express. The company was founded in 1900 and is currently owned by Reach plc.

The company's sustainability program focuses on reducing its carbon footprint and promoting eco-friendly practices. Express Newspapers has implemented measures such as using environmentally friendly ink and paper, reducing waste and promoting recycling, and utilizing renewable energy sources in its offices and printing facilities.

In terms of products and services, Express Newspapers offers its readers high-quality and engaging journalism through its two newspapers. The Daily Express is a daily tabloid newspaper that covers news, politics, and current affairs, while the Sunday Express focuses on in-depth reporting and analysis of important issues.

The key people at Express Newspapers include its Editor-in-Chief, Gary Jones, who oversees the editorial direction of both newspapers. The company also has a team of experienced journalists and reporters who are dedicated to delivering accurate and informative news to its readers.

Express Newspapers can be contacted through their website, express.co.uk, where readers can access the latest news, articles, and features from the two newspapers. The company's registered office address is Reach plc, One Canada Square, Canary Wharf, London, E14 5AP, United Kingdom.

In summary, Express Newspapers is a leading media company in the UK, known for its commitment to sustainability and its popular newspapers, the Daily Express and Sunday Express. With a team of dedicated journalists and a focus on eco-friendly practices, Express Newspapers continues to provide its readers with quality news and information.

Financial Metrics

Cash
£568,000
Net Worth
£396,449,000
Total Current Assets
£379,418,000
Total Current Liabilities
£3,933,000

Company Location