TWENTIETH CENTURYFOX FILM COMPANY LIMITED
Company Information
- Company Number
- 00143439
- Registered Address
- C/O BDO LLP, 5 Temple Square Temple Street, Liverpool, L2 5RH
- Status
- Liquidation
- Employee Count
- 17
- Turnover
- £3,773,000
- EBITDA
- -£694,000
Additional Details
- Website
- https://fox.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 29 March 1916
- Nature of Business
- 59131 - Motion picture distribution activities59132 - Video distribution activities
- Industries
- Digital Entertainment, Media And Publishing
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for TWENTIETH CENTURY-FOX FILM COMPANY LIMITED to pay invoices has increased over the past three periods, from 41 days in Jul 2019-Dec 2019 to 88 days in Jul 2020-Dec 2020. This indicates a negative trend in the company's payment practices.
Volatility Analysis
There is a high level of volatility in the company's payment practices, as seen by the significant changes in the percentage of invoices paid within 30 days and later than 60 days. This indicates a lack of consistency in the company's payment patterns.
Summary Analysis
In the past three periods, TWENTIETH CENTURY-FOX FILM COMPANY LIMITED has shown a negative trend in their payment practices, with an increase in the average time taken to pay invoices. This is also reflected in the decrease in the percentage of invoices paid within 30 days and the increase in invoices paid later than 60 days. The worst period for the company was Jul 2020-Dec 2020, where only 10% of invoices were paid between 31 and 60 days and 36% were paid later than 60 days.
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 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 88 | 54% | 10% | 36% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 26 Jan 2021 | 49 | 34% | 45% | 21% | 58% |
| 01 Jul 2019 - 31 Dec 2019 | 26 Jan 2021 | 41 | 57% | 31% | 11% | 52% |
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 standard payment terms are 30 from date of supplier invoice. The standard payment terms for Sole Traders, Utilities, Equipment Rentals, Events & Production are 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
In December 2017, Twenty-First Century Fox Inc entered into a merger agreement with The Walt Disney Company. This undertaking was approved by the shareholders of both entities and completed on March 20th, 2019. Disney and Fox are currently working together to develop updated structures and business approaches.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Contact Fox Accounts Payable - AP.GB@foxinc.com. We attempt to respond to enquiries within 3 regular business days.
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
Twentieth Century-Fox Film Company Limited, often referred to as 20th Century Fox, is a British film production and distribution company. It was founded in 1935 and is currently owned by The Walt Disney Company.
The company is known for producing and distributing popular films such as the Star Wars and Marvel franchises, as well as television shows like The Simpsons. In addition to its entertainment offerings, 20th Century Fox also has a strong commitment to sustainability.
Their sustainability program, called "Fox Green," aims to reduce the company's environmental impact by implementing sustainable practices in their production processes. This includes using renewable energy sources, reducing waste, and promoting eco-friendly transportation options.
One of the key people involved in the company's sustainability efforts is James Murdoch, who serves as the Executive Chairman. Under his leadership, 20th Century Fox has received recognition for its sustainability efforts, including being named one of the "World's Most Ethical Companies" by the Ethisphere Institute.
The company's registered office address is located in London, and their website address is https://www.20thcenturystudios.com/. Through their films and commitment to sustainability, 20th Century Fox continues to be a major player in the entertainment industry.
